OPEN-SOURCE SCRIPT
SMA Support and Resistance
Customizable Horizontal SMA Support and Resistance
This new indicator displays the calculations of Simple Moving Average (SMA) lines as horizontal lines. It includes 7 different SMA periods that you can customize and adjust according to your preferences. This indicator allows you to identify support and resistance levels using SMA lines, giving you a more precise approach to managing your trades.
Features:
7 different SMA periods: Includes SMA 3, SMA 5, SMA 10, SMA 21, SMA 50, SMA 100, and SMA 200.
Displayed as horizontal lines: Instead of the standard SMA lines, this indicator displays them as horizontal lines on the chart, helping you to better identify support and resistance levels.
Customizable line color and width: You can change the color and width of the lines for each SMA to match your preferences.
Adjustable periods: You can change the periods for each SMA to suit your trading style, and the indicator will update accordingly.
This new indicator displays the calculations of Simple Moving Average (SMA) lines as horizontal lines. It includes 7 different SMA periods that you can customize and adjust according to your preferences. This indicator allows you to identify support and resistance levels using SMA lines, giving you a more precise approach to managing your trades.
Features:
7 different SMA periods: Includes SMA 3, SMA 5, SMA 10, SMA 21, SMA 50, SMA 100, and SMA 200.
Displayed as horizontal lines: Instead of the standard SMA lines, this indicator displays them as horizontal lines on the chart, helping you to better identify support and resistance levels.
Customizable line color and width: You can change the color and width of the lines for each SMA to match your preferences.
Adjustable periods: You can change the periods for each SMA to suit your trading style, and the indicator will update accordingly.
Script de código aberto
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.
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.
Script de código aberto
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.
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.