Indicator returns an average of 5 SMAs . an interesting point that I have noticed that the price has several times reacted on it.

Note 1: Do not just use this as a criterion for buying and selling, use as one more aid.
Note 2: It is possible to leave in the chart all the averages, if you feel it necessary.


Indicador retorna uma média de 5 SMAs . um ponto interessante que tenho notado que o preço tem diversas vezes reagido nele.

Observação 1: Não use apenas isso como critério para compra e venda, use como mais um auxilio.
Observação 2: É possivel deixar no grafico todas as médias, caso você ache necessário.
Release Notes: colors show the direction of "AVERAGE MULTI_SMA"


Open-source script

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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