Bollinger Bands® Message Board

[blue_barry_hill72]

Hi, I am testing an indicator with bbscript. I have 2 simple moving averages. I want to test for flags whenever the difference between the moving averages is greater than a percentage of the current price. Can you point me in the right direction?

[bassam@bollingerbands.com]

Hey blue_barry_hill72,
If i understand correctly, i think this should help:

ma1=sma(close(x),20)//first ma
ma2=sma(close(x),50)//second ma

diff = abs(ma1-ma2)//absolute diff

percent = 0.1
signal = greater(diff,percent *close(x))//contains 1s for anytime the diff is greater than the 10% of price