OPEN-SOURCE SCRIPT
SMA Close/High/Low with Input Length
Custom SMA Indicator on TradingView: Close, High, and Low
This TradingView Pine Script indicator plots three Simple Moving Averages (SMAs) on the main price chart using the closing, high, and low prices of the asset. Unlike a standard SMA that considers only the closing price, this indicator gives you insights into the average price behavior from three different perspectives simultaneously.
What It Does
The SMA length is adjustable by the user via an input box, making the indicator versatile for different trading timeframes and strategies.
This TradingView Pine Script indicator plots three Simple Moving Averages (SMAs) on the main price chart using the closing, high, and low prices of the asset. Unlike a standard SMA that considers only the closing price, this indicator gives you insights into the average price behavior from three different perspectives simultaneously.
What It Does
- Calculates a 20-period (default) SMA of the Closing price to show the average trend of closing prices.
- Calculates a 20-period SMA of the High price to track the average upper price movement.
- Calculates a 20-period SMA of the Low price to track the average lower price movement.
- All three lines are overlaid on the price chart for easy comparison.
The SMA length is adjustable by the user via an input box, making the indicator versatile for different trading timeframes and strategies.
Script de código abierto
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.
CA Ghansham Joshi,
SEBI Registered Research Analyst - Reg. No. INH000016375.
SEBI Registered Research Analyst - Reg. No. INH000016375.
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Script de código abierto
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.
CA Ghansham Joshi,
SEBI Registered Research Analyst - Reg. No. INH000016375.
SEBI Registered Research Analyst - Reg. No. INH000016375.
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.