Multi-Timeframe SMA Indicator | Daily & Weekly SMAs
🔹 Description: This Multi-Timeframe SMA Indicator is designed for traders who want a clean and structured way to visualize daily and weekly Simple Moving Averages (SMAs) on their TradingView charts. It automatically adjusts based on the selected timeframe:
📅 Daily Chart:
SMA 5 (Blue) SMA 20 (Orange) SMA 50 (Green) SMA 150 (Purple) SMA 200 (Red) 🗓 Weekly Chart:
SMA 10W (Aqua) SMA 40W (Fuchsia) 🛠️ Features: ✅ Automatic Timeframe Detection:
Daily SMAs only appear on daily charts Weekly SMAs only appear on weekly charts ✅ Distinct Colors for Each SMA – Makes it easy to differentiate moving averages.
✅ Labels on SMA Lines – Helps identify each SMA directly on the chart.
✅ SMA Reference Table (Top-Left Corner) – Shows SMA names & colors for quick reference.
🎯 How to Use This Indicator? 📌 For Swing Traders & Long-Term Investors:
Use SMA 50, 150, and 200 to identify overall trend direction. Monitor the weekly SMA 10 & 40 to gauge broader market strength. 📌 For Short-Term Traders:
Use SMA 5 & 20 for momentum and trend shifts. 🚀 Perfect for traders who rely on multi-timeframe analysis to make better trading decisions!
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In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. Bir grafikte kullanmak için favorilere ekleyebilirsiniz.
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