OPEN-SOURCE SCRIPT
Triple Moving Averages + 40 SMA
This script provides a versatile and efficient multi-moving average (MA) indicator, allowing you to track key trend levels effortlessly. It includes four customizable simple moving averages (SMA): 10, 40, 50, and 100-periods, which are commonly used by traders for identifying market trends, momentum shifts, and key support/resistance zones.
🔹 Features:
✅ Customizable Moving Averages – Adjust periods for 10, 40, 50, and 100 SMA to fit your strategy.
✅ Enable/Disable MAs – Toggle each moving average on or off to declutter your chart.
✅ Clear Trend Visualization – Identify bullish and bearish trends with color-coded SMAs.
✅ Works on Any Market & Timeframe – Use it for stocks, crypto, forex, or indices across all timeframes.
✅ Optimized for TradingView – Built using the latest Pine Script v6, ensuring smooth performance.
📈 How to Use:
• A rising 50 and 100 SMA signals a strong uptrend, while a downward slope suggests a downtrend.
• The 10 and 40 SMA help spot short-term momentum shifts and potential entry/exit points.
• Combine with RSI, MACD, and volume indicators for better trade confirmation.
🚀 Perfect for traders who want a clear, no-BS approach to trend tracking!
🔔 Try it now, and don’t forget to leave feedback! 👍
🔹 Features:
✅ Customizable Moving Averages – Adjust periods for 10, 40, 50, and 100 SMA to fit your strategy.
✅ Enable/Disable MAs – Toggle each moving average on or off to declutter your chart.
✅ Clear Trend Visualization – Identify bullish and bearish trends with color-coded SMAs.
✅ Works on Any Market & Timeframe – Use it for stocks, crypto, forex, or indices across all timeframes.
✅ Optimized for TradingView – Built using the latest Pine Script v6, ensuring smooth performance.
📈 How to Use:
• A rising 50 and 100 SMA signals a strong uptrend, while a downward slope suggests a downtrend.
• The 10 and 40 SMA help spot short-term momentum shifts and potential entry/exit points.
• Combine with RSI, MACD, and volume indicators for better trade confirmation.
🚀 Perfect for traders who want a clear, no-BS approach to trend tracking!
🔔 Try it now, and don’t forget to leave feedback! 👍
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.