This script provides a versatile and efficient multi-moving average (MA) indicator, allowing you to track key trend levels effortlessly. It includes four customizable simple moving averages (SMA): 10, 40, 50, and 100-periods, which are commonly used by traders for identifying market trends, momentum shifts, and key support/resistance zones.
🔹 Features: ✅ Customizable Moving Averages – Adjust periods for 10, 40, 50, and 100 SMA to fit your strategy. ✅ Enable/Disable MAs – Toggle each moving average on or off to declutter your chart. ✅ Clear Trend Visualization – Identify bullish and bearish trends with color-coded SMAs. ✅ Works on Any Market & Timeframe – Use it for stocks, crypto, forex, or indices across all timeframes. ✅ Optimized for TradingView – Built using the latest Pine Script v6, ensuring smooth performance.
📈 How to Use: • A rising 50 and 100 SMA signals a strong uptrend, while a downward slope suggests a downtrend. • The 10 and 40 SMA help spot short-term momentum shifts and potential entry/exit points. • Combine with RSI, MACD, and volume indicators for better trade confirmation.
🚀 Perfect for traders who want a clear, no-BS approach to trend tracking!
🔔 Try it now, and don’t forget to leave feedback! 👍