Hi, I am looking for a thinkorswim study for 60 min 20 bar EMA on 5 min chart.
In tradestation, the coding is as below;

Inputs: length(20);
If CurrentBar = 240 then Value1 = xaverage(C,240);
If CurrentBar >240 then begin
If Fracportion((time- -30)/100)= =0 or time =1315 then begin
value1 = =value1[1] + (2 / (Length+ 1))*( C - value1[1]);
Value2 = value1;
Plot1(value1, "60min 20EMA");
end
else begin
Value2 = value1 + (2 / (Length + 1 )) * ( C - value1[1]);
Plot1(value2, "60 min 20EMA");
end;end;


Thanks,

There is a built in study "DailySMA" that does this but only SMA. I edited that one to EMA; attached is the study.

 

Code

input price = FundamentalType.CLOSE; input aggregationPeriod = AggregationPeriod.DAY; input length = 9; input displace = 0; input showOnlyLastPeriod = no; plot DailyEMA; if showOnlyLastPeriod and !IsNaN(close(period = aggregationPeriod)[-1]) { DailyEMA = Double.NaN; } else { DailyEMA = ExpAverage(fundamental(price, period = aggregationPeriod)[-displace], length); } DailyEMA.SetDefaultColor(GetColor(1)); DailyEMA.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);

input price = close;
input displace = 0;
input length = 21;
input period = AggregationPeriod.FIFTEEN_MIN;
input averageType = AverageType.Simple;

plot MA = MovingAverage(averageType, close(period = period) [-displace], length = length);

Thanks! I wanted to show 2 moving averages so I adapted the code learning from other examples. Hope it helps someone else:

input price = close;
input displace = 0;
input length1 = 200;
input length2 = 100;
input period = AggregationPeriod.DaY;
input averageType = AverageType.Simple;

plot MA1 = MovingAverage(averageType, close(period = period) [-displace], length = length1);

plot MA2 = MovingAverage(averageType, close(period = period) [-displace], length = length2);

First post on the site.

Can anyone convert these 2 TradeStation EasyLanguage code indicators to ThinkorSwim

Thanks Wayne

EasyLanguage for indicators

TradeStation’s EasyLanguage that very accurately plot the 15 and 60 minute EMAs on the 5 minute chart

15 minute EMA plotted on a 5 minute chart
Inputs: length(20);
If CurrentBar = 60 then Value1 = xaverage(C, 60);
If CurrentBar > 60 then begin
If Fracportion(time/15) = 0 then begin
value1 = value1[1] + (2 / ( Length + 1 )) * ( C – value1[1] );
Value2 = value1;
Plot1(value1, “15 min 20EMA”);
end
else begin
Value2 = value1 + (2 / ( Length + 1 )) * ( C – value1[1] );
Plot1(value2, “15 min 20EMA”);
end;end;

60 minute EMA plotted on a 5 minute chart
Inputs: length(20);
If CurrentBar = 240 then Value1 = xaverage(C, 240);
If CurrentBar > 240 then begin
If Fracportion((time – 30)/100) = 0 or time =1315 then begin
value1 = value1[1] + (2 / ( Length + 1 )) * ( C – value1[1] );
Value2 = value1;
Plot1(value1, “60 min 20EMA”);
end
else begin
Value2 = value1 + (2 / ( Length + 1 )) * ( C – value1[1] );
Plot1(value2, “60 min 20EMA”);
end;end;