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SMA 8 & 20 & 50

This is a colored moving average for the 8, 20 and 50 SMA. You can switch the values if you would like. The color is based off the slope of the moving average, I is very simple yet valuable indicator. The market will generally stay above the 8 and 20, with every now and then testing the 50 sma. Of coarse that is when moving upward in price action. The same can be said in a bear market.
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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.
Script protegido
Esse script é publicada como código fechado. No entanto, você pode gerenciar suas escolhas de bate-papo. Por favor, abra suas Configurações do perfil
Aviso legal
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.