can someone help with a script to compare two moving averages? For example, one is above the other?

movingave(5) > movingave(8)

and also check to see the price is equal to or above the moving avg?

price => movingave(5), meaning it sits on the avg or sits above it.

Enjoy the script. It will display when two moving averages are above each other as well as when price is above the fastest moving average in the same direction (vice versa for down direction). It uses your request by default but allows users to input length and type of moving averages. It displays a color coded label in the top left corner with four results: All Up; MA UP & Neutral Price; ALL Down; and MA Down & Neutral Price.

 

Code

#VanDriver @ Futures.io on Sept 6, 2020. # Request: display when two moving averages are above each other as well as when price is above the fastest moving average in the same direction (vice versa for down direction). Displays four results: All Up; MA UP & Neutral Price; ALL Down; and MA Down & Neutral Price. # Begin script input price = close; input fastLength = 5; input FaverageType = AverageType.SIMPLE; input slowLength = 8; input saverageType = AverageType.SIMPLE; plot FastMA = MovingAverage(FaverageType, price, fastLength); fastma.setDefaultColor(color.yellow); plot SlowMA = MovingAverage(SaverageType, price, slowLength); slowma.setDefaultColor(color.red); def up = fastma > slowma; def aup = up and close > fastma; def upn = up and close < fastma; def dn = fastma < slowma; def adn = dn and close < fastma; def udn = dn and close > fastma; AddLabel(yes, Concat(" ", (if aup then "All Up" else if upn then "MA Up, Neutral Price " else if adn then "All Down" else if udn then "MA Down, Neutral Price" else "Chop")), if aup then Color.Green else if upn then Color.Dark_Green else if adn then Color.orange else if udn then Color.RED else Color.violet); # end script