SMA for each time period
This script will plot a different SMA based on the time frame of the chart. I coded different SMAs for 1, 2, 15 mins, 1HR, and 1 Day. On the 1HR and 1Day time frame it plots a yellow SMA for the quarter of a year. I took the year to be 252 trading days per year and a quarter being 63 trading days.
* The blue and yellow bars are from two different scripts. The blue bars show when I am not available to trade. The yellow bars indicate Monday morning EST. I use them in considering trading ideas.
* The blue and yellow bars are from two different scripts. The blue bars show when I am not available to trade. The yellow bars indicate Monday morning EST. I use them in considering trading ideas.
//@version=2
study("SMA for each time period",overlay=true)
s = (period == "1" ?144: period == "2" ? 89: period == "15" ? 54:period == "60" ? 34:period == "D" ? 21:100)
f = (period == "1" ?88: period == "2" ? 54: period == "15" ? 34:period == "60" ? 21:period == "D" ? 13:100)
q = (period == "60" ? 1506:period == "D" ? 63:0)
plot(sma(close,f),color=aqua,linewidth=3,transp=0,title="Fast")
plot(sma(close,s),color=white,linewidth=3,transp=0,title="Slow")
plot(sma(close,q),color=yellow,linewidth=3,transp=0,title="Quarter")