OPEN-SOURCE SCRIPT

Benchmark Above MA Signal

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Benchmark Above MA Signal (Configurable Visual)
This tool provides a simple ON/OFF signal showing whether a selected benchmark asset (e.g., SPY, BTC, QQQ, etc.) is currently trading above a specified moving average.

🔧 Customizable Settings:

Choose the benchmark symbol

Set the timeframe (e.g., daily, 4H, weekly)

Select SMA or EMA type

Define the MA length (e.g., 21, 50, 200)

Pick between two display modes:

Stepline (default): plots a clean binary signal in the lower pane

Background Only: visually highlights confluence periods without a line plot

✅ Ideal for macro filters, trend confirmation, or dashboard-style layouts
📊 Common use case: staying aware of the daily trend of SPY while trading lower intraday timeframes

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.