SMA Signal Zone

SMA Signal Zone

Description (English):

This indicator generates buy and sell signals based on the relationship between two Simple Moving Averages (SMAs) or the price crossing a selected SMA.

You can choose from three signal modes:

Crossover: Fast SMA crosses above or below the Slow SMA
Fast SMA Only: Price crosses the Fast SMA
Slow SMA Only: Price crosses the Slow SMA

When a signal is detected, the script automatically plots:

✅ Entry point (based on signal price)
✅ Three Take-Profit levels (TP1, TP2, TP3)
✅ Stop-Loss level (SL)
✅ Colored lines and boxes for visual clarity

settings
Profit and stop levels are defined in **pips** and are fully customizable.



Recommended Settings (Backtested Setup)

For best results, use the following settings:

Calculation Timeframe**: `15`
Fast SMA Length: `50`
Slow SMA Length: `100`
TP1 Distance (Pips): `15`
TP2 Distance (Pips): `30`
TP3 Distance (Pips): `50`
Stop Loss Distance (Pips): `30`
Signal Mode: `Crossover`

Use these settings on the 1-minute chart to take precise trade entries based on signals from the 15-minute timeframe.



Trade Management Suggestion

Once TP1 is reached, you can adjust your Stop Loss to Break-Evento protect the position.
TP2 and TP3 can then be targeted as partial exits or trail targets.