OPEN-SOURCE SCRIPT
SMA 20 & 50 with Sideways Market Filter
This indicator uses SMA crossovers (10-period and 20-period) to identify potential long and short signals, filtered by volatility (ATR). It highlights sideways markets with a red background, helping to avoid trading in low-volatility conditions. Green and red triangles mark entry points.
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 publication is governed by House rules. You can favorite it to use it on a chart.
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