OPEN-SOURCE SCRIPT
TNZ - Index above MA
Updated
Use this indicator to filter stock selection based on the relevant index value being above the selected simple moving average.
For example, only buying the S+P 500 stock if the S+P 500 index value is above the 10 period moving average.
The time frame used is that displayed
For example, only buying the S+P 500 stock if the S+P 500 index value is above the 10 period moving average.
The time frame used is that displayed
Release Notes
The new version adds the ability to use a time frame different to the current time frameOpen-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.
Disclaimer
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