OPEN-SOURCE SCRIPT

Moving averages. JB style

302
Moving averages. JB style

A clean, configurable multi-MA overlay. Up to four moving averages, each colored by its own slope, with debounced crossover markers, weight-scaled line widths, an EMA/SMA switch, a regular-hours session lock, and five color palettes — all tuned so the indicator reads as a separate layer over your candles instead of blending into them.


WHAT IT DOES

- Up to 4 moving averages. Defaults are 9 / 21 / 50 / 200, and every slot has its own editable length and show/hide toggle, so you can run one MA or all four. Source is fixed to close to keep the panel simple.

- EMA or SMA from one dropdown. The MA Type dropdown flips all lines between simple and exponential, reusing the same lengths and styling.

- Slope-based coloring. Each line is colored by its own slope: a blue tone when rising, an orange/amber tone when falling, and neutral gray when essentially flat. Colors sit deliberately off the green/red axis so the lines never blend into the candles.

- Weight-scaled widths. Faster MAs are thin, slower MAs are thick, so the long-term anchors stand out at a glance. The slowest MA is drawn as a dotted circle line to mark it as the long-term reference.

- Crossover markers. A hollow ring with a centered dot marks crossovers between adjacent MAs (1x2, 2x3, 3x4) — including the classic 50/200 — a bright bull tone for a bullish cross and an amber tone for a bearish one, placed right at the crossing price.

- Five palettes. Dark, Light, Neon, Ocean, and Solarized. Candles are never recolored on any theme.


WHY IT'S DIFFERENT

Most moving-average indicators just draw lines and color them by whether price is above or below — which whipsaws constantly. This one is built around signal reliability:

1. Slope coloring instead of price-vs-MA coloring. Color reflects whether the average itself is rising or falling — a steadier read of trend than the noisy "is price above the line" flip.

2. A slope deadband kills color flicker. Near-flat averages normally strobe between colors on every tick. Here the slope must clear an ATR-scaled threshold before the color flips; otherwise the line goes neutral. A flat ribbon looks flat — which is itself useful information.

3. Crossovers are MA vs MA, not price vs MA. A faster average crossing a slower one needs agreement between two degrees of smoothing, so it fires far less on noise than a single line being touched by price.

4. A debounce filter removes chop without lagging the signal. The marker fires on the actual crossover, then suppresses further crosses until the two averages genuinely separate (by an ATR-scaled amount) and reconverge. A cluster of back-and-forth chop crosses produces one marker on the real cross — not a smear of noise, and not delayed to a later cross.

5. Confirmed-bar markers don't repaint. A crossover marker appears only after the bar closes, so it never flashes mid-bar and then vanishes.

6. Regular-hours session lock. Every MA (and the ATR behind the filters) is computed from a regular-session feed, so a 200-MA reads the same whether your chart shows extended hours or not. The lines simply hold flat through pre/post-market instead of drifting. On 24/7 instruments this is a harmless no-op.

7. Always the chart's own timeframe. The session lock swaps only the session, never the timeframe — the MAs are always calculated on the timeframe you're viewing.

8. Lines that don't fight the candles. Bull/bear line colors are deliberately blue/orange rather than green/red, so the indicator reads as a clean layer over the candles instead of camouflaging into them.


INPUTS

- Palette: color theme for lines and markers (Dark / Light / Neon / Ocean / Solarized).
- MA Type: SMA or EMA, applied to all lines.
- Regular Hours Only: compute all MAs and ATR from a regular-session feed, regardless of the chart's session.
- Show Crossovers: toggle all crossover markers.
- Slope Deadband (x ATR): minimum slope before the color flips; 0 disables (default 0.02).
- Crossover Min Sep (x ATR): debounce gap — after a marked cross, the next one is suppressed until the MAs separate by this amount and reconverge; 0 disables (default 0.10).
- MA #1-4 Show / Length: per-slot visibility and period (defaults 9 / 21 / 50 / 200).

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.