OPEN-SOURCE SCRIPT
SMA Trend
This is SMA based trend with some twist . you can control it via length of the SMA currently set to 20 or by factor that control sensitivity set 0.05 and you can change it to any value that you like
the indicator have signal and alerts
blue line is uptrend
yellow line is down trend
I try to optimize it for stocks but it can work on any asset that you like ' probably need to change settings
btc
the indicator have signal and alerts
blue line is uptrend
yellow line is down trend
I try to optimize it for stocks but it can work on any asset that you like ' probably need to change settings
btc
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.