OPEN-SOURCE SCRIPT

5 SMA Perfect Order + 6 SMA Display

A clean trend-following indicator built around multiple Simple Moving Averages (SMAs).

This indicator combines trend confirmation, momentum visualization, and crossover signals while keeping the chart easy to read.

## Features

* Displays **5, 20, 60, 100, and 200 SMAs**.
* Highlights the chart background when a **Perfect Order** is established:

* **Bullish:** 5 > 20 > 60 > 100
* **Bearish:** 5 < 20 < 60 < 100
* Fills the area between the **5 SMA** and **20 SMA** only when the short-term and medium-term trends are aligned:

* Green: **5 > 20 > 60**
* Red: **5 < 20 < 60**
* Displays **buy and sell arrows** when the **5 SMA crosses the 20 SMA**.
* Includes **alert support** for both bullish and bearish 5/20 SMA crossovers.

## How to Use

* **Background color** helps identify the overall trend.
* **5–20 SMA fill** highlights periods when short-term momentum agrees with the medium-term trend, helping reduce signals during ranging markets.
* **Cross arrows** provide potential entry timing based on the 5/20 SMA crossover.

## Notes

This indicator is designed for trend-following and swing trading strategies. It is intended to simplify chart analysis by showing only the most important trend information without unnecessary visual clutter.

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.

keimaonobu

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

keimaonobu