OPEN-SOURCE SCRIPT
SMA High & Low
This Pine Script indicator plots two Simple Moving Averages (SMA) based on high and low prices over a specified length. It also references the H4 (4-hour) timeframe SMA to determine the color of the lines:
- Green if the current price is above the H4 SMA High.
- Red if the current price is below the H4 SMA Low.
- Orange if the price is between the H4 SMA High and Low.
This helps traders visualize market trends based on higher timeframe SMA levels.
- Green if the current price is above the H4 SMA High.
- Red if the current price is below the H4 SMA Low.
- Orange if the price is between the H4 SMA High and Low.
This helps traders visualize market trends based on higher timeframe SMA levels.
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.