OPEN-SOURCE SCRIPT
Multiple SMAs
Multiple SMAs
It is trend following indicator.
When Close is above of any sma (there are 20 sma's) it scores like 1, every next sma will scores like +1 to previous score. So when we have close above 15 sma's means score 15 and more it is up trend, when below of 15 sma's down trend else it is a ranging market. You can see trends on colors of bars and colors of sma's. Blue bars down trend, orang Up, gray ranging market
Recomendation to use it only on daily timeframe. But can work on other timeframes you need to experiment with it
In a top right corner is a trend box what shows: Scores, up, down trends or ranging market:
https://www.tradingview.com/x/0y9umkDG/
Ranging Market:
https://www.tradingview.com/x/KfjrxliF/
It is trend following indicator.
When Close is above of any sma (there are 20 sma's) it scores like 1, every next sma will scores like +1 to previous score. So when we have close above 15 sma's means score 15 and more it is up trend, when below of 15 sma's down trend else it is a ranging market. You can see trends on colors of bars and colors of sma's. Blue bars down trend, orang Up, gray ranging market
Recomendation to use it only on daily timeframe. But can work on other timeframes you need to experiment with it
In a top right corner is a trend box what shows: Scores, up, down trends or ranging market:
https://www.tradingview.com/x/0y9umkDG/
Ranging Market:
https://www.tradingview.com/x/KfjrxliF/
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。