OPEN-SOURCE SCRIPT
20/200 Simple Moving Average
This indicator shows you the big trend vs the medium trend — and colors the chart so you don’t have to think too much.
Here’s what it does in simple terms:
What are the two lines?
20 SMA = the average price of the last 20 candles → short/medium-term direction.
200 SMA = the average price of the last 200 candles → long-term trend.
Think of it like:
20 = recent behavior.
200 = overall direction.
What the Background Colors Mean
🟢 Green Background
Price is ABOVE both the 20 and the 200.
That means:
Short-term trend is strong.
Long-term trend is bullish.
Market structure is healthy.
This is bullish territory.
🔴 Red Background
Price is BELOW both the 20 and the 200.
That means:
Short-term trend is weak.
Long-term trend is bearish.
Sellers are in control.
This is bearish territory.
⚪ White / No Color
Price is stuck between the two averages.
That means:
No clear trend.
Market is deciding.
Higher chance of chop.
Buy & Sell Signals (Crossovers)
Buy Territory:
When the 20 crosses ABOVE the 200 and price is already above the 200.
That’s momentum shifting bullish inside a confirmed trend.
Sell Territory:
When the 20 crosses BELOW the 200 and price is already below the 200.
That’s momentum turning bearish in a downtrend.
In very simple words:
Green = strong uptrend.
Red = strong downtrend.
White = messy middle.
Here’s what it does in simple terms:
What are the two lines?
20 SMA = the average price of the last 20 candles → short/medium-term direction.
200 SMA = the average price of the last 200 candles → long-term trend.
Think of it like:
20 = recent behavior.
200 = overall direction.
What the Background Colors Mean
🟢 Green Background
Price is ABOVE both the 20 and the 200.
That means:
Short-term trend is strong.
Long-term trend is bullish.
Market structure is healthy.
This is bullish territory.
🔴 Red Background
Price is BELOW both the 20 and the 200.
That means:
Short-term trend is weak.
Long-term trend is bearish.
Sellers are in control.
This is bearish territory.
⚪ White / No Color
Price is stuck between the two averages.
That means:
No clear trend.
Market is deciding.
Higher chance of chop.
Buy & Sell Signals (Crossovers)
Buy Territory:
When the 20 crosses ABOVE the 200 and price is already above the 200.
That’s momentum shifting bullish inside a confirmed trend.
Sell Territory:
When the 20 crosses BELOW the 200 and price is already below the 200.
That’s momentum turning bearish in a downtrend.
In very simple words:
Green = strong uptrend.
Red = strong downtrend.
White = messy middle.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.