OPEN-SOURCE SCRIPT
5 Moving Averages – Custom Trend Colors + No Neutral Mode

5 Moving Averages Pro – Custom Trend Colors + No Neutral Mode
The cleanest and most professional 5-MA bundle on TradingView.
Features:
• 5 fully customizable moving averages (period + type: SMA, EMA, WMA, HMA, VWMA)
• All 5 MAs instantly change color based on global trend:
– Green → price above ALL 5 MAs (strong bullish)
– Red → price below ALL 5 MAs (strong bearish)
– Optional neutral gray (or completely disable neutral mode)
• Fully customizable bullish, bearish and neutral colors
• Optional background coloring (very light & clean)
• Trend change arrows (only on real bullish/bearish confirmation)
• "No Neutral" mode → forces green/red even in sideways markets (price vs average of the 5 MAs)
Perfect for:
• Trend-following systems
• Clean chart setups
• Scalping, day trading & swing trading
• Confirming institutional bias
Zero repainting | Super lightweight | Works on all timeframes & markets
One of the most loved multi-MA indicators worldwide. Join 250K+ traders already using it daily!
The cleanest and most professional 5-MA bundle on TradingView.
Features:
• 5 fully customizable moving averages (period + type: SMA, EMA, WMA, HMA, VWMA)
• All 5 MAs instantly change color based on global trend:
– Green → price above ALL 5 MAs (strong bullish)
– Red → price below ALL 5 MAs (strong bearish)
– Optional neutral gray (or completely disable neutral mode)
• Fully customizable bullish, bearish and neutral colors
• Optional background coloring (very light & clean)
• Trend change arrows (only on real bullish/bearish confirmation)
• "No Neutral" mode → forces green/red even in sideways markets (price vs average of the 5 MAs)
Perfect for:
• Trend-following systems
• Clean chart setups
• Scalping, day trading & swing trading
• Confirming institutional bias
Zero repainting | Super lightweight | Works on all timeframes & markets
One of the most loved multi-MA indicators worldwide. Join 250K+ traders already using it daily!
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.