OPEN-SOURCE SCRIPT
Trend-Based SMA Color Fill (30m / Daily / Weekly)
Description (TradingView Script Description)
This indicator highlights the relationship between price and a 65-period Simple Moving Average (SMA) using a dynamic color fill.
The goal is to visually emphasize short-term trend conditions and potential momentum shifts.
The script compares the current price action with the SMA slope and recent price levels to generate contextual color signals.
Key Features
• SMA 65 Trend Reference
The indicator uses a 65-period Simple Moving Average as the primary trend reference.
• Dynamic Color Fill
The space between price and the SMA is filled with different colors depending on the market condition.
• Green Zone
Displayed when price shows strength above the SMA and upward momentum is present.
• Red Zone
Displayed when price weakens below the SMA and downward momentum dominates.
• Yellow Zone
Represents transitional conditions where the trend direction is less clear.
• Multi-Timeframe Awareness
The script is designed to work especially well on 30-minute charts, while also referencing broader market context.
Purpose
The indicator helps traders quickly identify:
trend direction
potential momentum shifts
areas of strength or weakness relative to the moving average
It is intended as a visual market structure tool, not as a standalone trading system.
Notes
This script is designed for chart analysis and educational purposes.
It should be used together with additional market context and risk management.
This indicator highlights the relationship between price and a 65-period Simple Moving Average (SMA) using a dynamic color fill.
The goal is to visually emphasize short-term trend conditions and potential momentum shifts.
The script compares the current price action with the SMA slope and recent price levels to generate contextual color signals.
Key Features
• SMA 65 Trend Reference
The indicator uses a 65-period Simple Moving Average as the primary trend reference.
• Dynamic Color Fill
The space between price and the SMA is filled with different colors depending on the market condition.
• Green Zone
Displayed when price shows strength above the SMA and upward momentum is present.
• Red Zone
Displayed when price weakens below the SMA and downward momentum dominates.
• Yellow Zone
Represents transitional conditions where the trend direction is less clear.
• Multi-Timeframe Awareness
The script is designed to work especially well on 30-minute charts, while also referencing broader market context.
Purpose
The indicator helps traders quickly identify:
trend direction
potential momentum shifts
areas of strength or weakness relative to the moving average
It is intended as a visual market structure tool, not as a standalone trading system.
Notes
This script is designed for chart analysis and educational purposes.
It should be used together with additional market context and risk management.
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。