OPEN-SOURCE SCRIPT
The 50 SMA Strategy Checklist
The 50SMA Strategy Checklist
A minimal checklist for the 50 SMA setup.
It is a clean visual filter for traders who want a fast read on whether a stock aligns with the basic structure of the 50 SMA setup.
It shows four conditions: strong volume, price above the daily 50 SMA, a green daily candle, and a green weekly candle. Green means the condition is met; red means it is not.
I hope this indicator helps you simplify your process and quickly identify stocks that match your 50 SMA checklist.
A minimal checklist for the 50 SMA setup.
It is a clean visual filter for traders who want a fast read on whether a stock aligns with the basic structure of the 50 SMA setup.
It shows four conditions: strong volume, price above the daily 50 SMA, a green daily candle, and a green weekly candle. Green means the condition is met; red means it is not.
I hope this indicator helps you simplify your process and quickly identify stocks that match your 50 SMA checklist.
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.
📈 Follow for more swing setups & market analysis!
🎯 Want my opinion on a specific stock?
Hit the link below👇
ko-fi.com/c/82990ede9f
🎯 Want my opinion on a specific stock?
Hit the link below👇
ko-fi.com/c/82990ede9f
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.
📈 Follow for more swing setups & market analysis!
🎯 Want my opinion on a specific stock?
Hit the link below👇
ko-fi.com/c/82990ede9f
🎯 Want my opinion on a specific stock?
Hit the link below👇
ko-fi.com/c/82990ede9f
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.