OPEN-SOURCE SCRIPT
MA Ribbon 5EMA | 20EMA | 50SMA | 200EMA
Title: MA Ribbon 5 EMA | 20 EMA | 50 SMA | 200 EMA
Description:
A simple, clean multi-moving average indicator combining four of the most widely used trend-following tools in one script.
Includes:
5 EMA – Fast momentum and short-term price action
20 EMA – Short-term trend direction
50 SMA – Medium-term trend and dynamic support/resistance
200 EMA – Long-term trend bias and major support/resistance
Description:
A simple, clean multi-moving average indicator combining four of the most widely used trend-following tools in one script.
Includes:
5 EMA – Fast momentum and short-term price action
20 EMA – Short-term trend direction
50 SMA – Medium-term trend and dynamic support/resistance
200 EMA – Long-term trend bias and major support/resistance
Open-source script
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.
Disclaimer
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.
Open-source script
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.
Disclaimer
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.