Multi-Timeframe SMA Indicator | Daily & Weekly SMAs
🔹 Description: This Multi-Timeframe SMA Indicator is designed for traders who want a clean and structured way to visualize daily and weekly Simple Moving Averages (SMAs) on their TradingView charts. It automatically adjusts based on the selected timeframe:
📅 Daily Chart:
SMA 5 (Blue) SMA 20 (Orange) SMA 50 (Green) SMA 150 (Purple) SMA 200 (Red) 🗓 Weekly Chart:
SMA 10W (Aqua) SMA 40W (Fuchsia) 🛠️ Features: ✅ Automatic Timeframe Detection:
Daily SMAs only appear on daily charts Weekly SMAs only appear on weekly charts ✅ Distinct Colors for Each SMA – Makes it easy to differentiate moving averages.
✅ Labels on SMA Lines – Helps identify each SMA directly on the chart.
✅ SMA Reference Table (Top-Left Corner) – Shows SMA names & colors for quick reference.
🎯 How to Use This Indicator? 📌 For Swing Traders & Long-Term Investors:
Use SMA 50, 150, and 200 to identify overall trend direction. Monitor the weekly SMA 10 & 40 to gauge broader market strength. 📌 For Short-Term Traders:
Use SMA 5 & 20 for momentum and trend shifts. 🚀 Perfect for traders who rely on multi-timeframe analysis to make better trading decisions!
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