Simple MA Colors ribbon — Indicator by B1ng0

Specifically made for $BTC. The price seems to range between SMA so I have made this script for ease of use.
I use it on the hourly chart then use it to display increments of 50 and 200 SMA across different timeframes.
Pink lines show the 50 and 200 SMA.

Release Notes:

Updated

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.

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.

Want to use this script on a chart?