OPEN-SOURCE SCRIPT

EMA/SMA Stack Analysis Table (Lite – Current Only)

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📘 EMA/SMA Stack Analysis Table (Lite – Current Only)

This script is a simplified learning tool designed for novice traders who want to understand how moving averages (MAs) stack up in different market conditions.

The table displays:

Current MA stack (e.g., 9 > 20 > 50 > 100 > 200)

Interpretation (Perfect Bullish, Perfect Bearish, Mixed, etc.)

Risk label (Low, Medium, High)

A novice-friendly “Allowed?” guide with score

✅ YES (Buy on dips / Starter)

⏳ WAIT (no clear edge)

❌ NO (Avoid longs)

Why this matters

A Perfect Bullish stack (9 > 20 > 50 > 100 > 200) suggests a strong uptrend.

A Perfect Bearish stack (200 > 100 > 50 > 20 > 9) indicates a strong downtrend.

Mixed stacks can reflect transitions, pauses, or pullbacks.

The score helps summarize multiple factors into one line for beginners. The full script is too long to publish.

⚠️ Important Warnings

Moving averages lag price. By themselves, they can be misleading and should never be the sole basis for trading.

Always use confirmatory indicators (RSI, volume, price action, support/resistance, etc.) before making decisions.

This script is intended as a learning aid for novices — not a standalone trading system.

I built this primarily to help myself (a beginner) learn how to read trend structure.

Disclaimer

This script is provided as is, for educational purposes only.
It is not financial advice. Please test thoroughly and use at your own risk.

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.