OPEN-SOURCE SCRIPT
Updated Golden/Death Cross Highlighter
This indicator helps you easily identify and visualize Golden Cross and Death Cross patterns combined with price action confirmation. It highlights chart backgrounds when specific conditions are met, making it easy to spot potential trend changes.
🔑 Key Features:
📈 Color Guide:
⚙️ Settings:
💡 Usage Tips:
🔑 Key Features:
- Highlights Golden Cross conditions (50 SMA crosses above 200 SMA) when price closes above both MAs
- Highlights Death Cross conditions (50 SMA crosses below 200 SMA) when price closes below both MAs
- Customizable MA lengths (default: 50 and 200)
- Adjustable highlight opacity
- Built-in alerts for cross events
- Clear visualization of both moving averages
📈 Color Guide:
- Yellow Background: Golden Cross active + price above both MAs
- Red Background: Death Cross active + price below both MAs
⚙️ Settings:
- Fast MA Length: Length of faster moving average (default 50)
- Slow MA Length: Length of slower moving average (default 200)
- Golden Cross Highlight Opacity: Adjust visibility of bullish highlights
- Death Cross Highlight Opacity: Adjust visibility of bearish highlights
💡 Usage Tips:
- Use in combination with other indicators for confirmation
- Set up alerts for potential trend changes
- Adjust opacity to match your chart style
- Works best on higher timeframes (4H, Daily, Weekly)
Release Notes
Golden/Death Cross Highlighter 📊This indicator helps you easily identify and visualize Golden Cross and Death Cross patterns combined with price action confirmation. It highlights chart backgrounds when specific conditions are met, making it easy to spot potential trend changes.
🔑 Key Features:
• Highlights Golden Cross conditions (50 SMA crosses above 200 SMA) when price closes above both MAs
• Highlights Death Cross conditions (50 SMA crosses below 200 SMA) when price closes below both MAs
• Fully customizable moving average styles
• Adjustable highlight opacity
• Built-in alerts for cross events
• Clear visualization of both moving averages
📈 Color Guide:
• Yellow Background: Golden Cross active + price above both MAs
• Red Background: Death Cross active + price below both MAs
⚙️ Settings:
Moving Averages:
• Fast/Slow MA Length: Customize the length of each MA
• MA Colors: Choose colors for each moving average
• MA Width: Set line thickness (1-4 pixels)
• MA Style: Choose between Solid, Dashed, or Dotted lines
Highlighting:
• Golden Cross Highlight Opacity: Adjust visibility of bullish highlights
• Death Cross Highlight Opacity: Adjust visibility of bearish highlights
💡 Usage Tips:
• Use in combination with other indicators for confirmation
• Set up alerts for potential trend changes
• Adjust opacity to match your chart style
• Works best on higher timeframes (4H, Daily, Weekly)
• Customize MA styles to match your preferred chart aesthetics
📝 Update Log:
v1.1 - Added full customization for moving averages:
• Custom colors for each MA line
• Adjustable line thickness (1-4 pixels)
• Choice of line styles (Solid, Dashed, Dotted)
• Improved code stability and performance
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.
For quick access on a chart, add this script to your favorites — learn more here.
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.
For quick access on a chart, add this script to your favorites — learn more here.
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.