OPEN-SOURCE SCRIPT

Trend Alignment Ribbon - Multi Timeframe Moving Averages

Track trend direction across multiple timeframes — all in one view.

Trend trading works best when the short, medium, and long-term views all agree. This indicator places four moving averages on your chart simultaneously and highlights the moment they fall into full alignment — giving you a simple, visual confirmation that a trend is in control.

──── What You're Looking At ────

Four smooth lines on your chart, each tracking price at a different speed:

MA1 (fastest, default: 8 bars) — reacts quickly to price. The first line to turn when momentum shifts.
MA2 (default: 21 bars) — short-to-intermediate direction. Confirms or challenges what MA1 is saying.
MA3 (default: 50 bars) — the medium-term trend backbone. Widely watched by institutions.
MA4 (slowest, default: 200 bars) — the long-term trend anchor. The most important line on most charts.

──── How to Read It ────

Green background — all four lines are stacked in order, fastest on top. The trend is strongly up. High-confidence environment for long trades.
Red background — all four lines are stacked in reverse order. The trend is strongly down. High-confidence environment for short trades.
No background — the lines are tangled or out of order. The market is ranging or in transition. Reduce risk or wait for clarity.
Triangle up ▲ below a candle — the fast line just crossed above the medium line. Early momentum shift to the upside.
Triangle down ▼ above a candle — the fast line just crossed below the medium line. Early momentum shift to the downside.

──── Multi-Timeframe Mode ────

Each of the four lines can be pinned to a different timeframe, independent of the chart you are on. For example, while viewing a 15-minute chart you can display the 200-bar average as it appears on the daily chart — so the big picture is always visible.

Leave the Timeframe field blank to use the current chart's timeframe (default behaviour).

──── Settings ────

Each moving average has its own settings group (Moving Average 1–4):

Show — toggle each line on or off independently.
Type — choose between four calculation methods:
- EMA (Exponential) — reacts faster to recent price. Most commonly used. Default.
- SMA (Simple) — a plain average of all bars. Slower to react, widely respected by institutions.
- WMA (Weighted) — middle ground, heavier weight on recent bars.
- HMA (Hull) — very fast and smooth. Minimises lag while reducing noise.
Length — how many bars are included in the average. Higher number = slower, smoother line.
Timeframe — leave blank for the current chart. Enter 1D for daily, 1W for weekly, 4H for four-hour, etc.
Color — fully customisable per line.

Under Visuals:

Ribbon Fill — fills the space between MA1 and MA4 with a transparent green or red shade. Useful for seeing trend strength at a glance.
Alignment Background — highlights the chart background when all 4 lines agree on direction. On by default.
Cross Signals — places small triangle markers on the chart when MA1 and MA2 cross. On by default.

──── Alerts ────

MA Bull Cross — the fast line crossed above the medium line
MA Bear Cross — the fast line crossed below the medium line
Full Bull Alignment — all 4 lines just entered bullish order for the first time
Full Bear Alignment — all 4 lines just entered bearish order for the first time

──── Tips ────

Set an alert for Full Alignment — these moments often mark the start of the strongest, cleanest trend moves on any instrument.
A cross signal that fires while the alignment background is already lit is a higher-confidence entry than a cross signal in a mixed or choppy environment.
A "tight stack" of closely spaced lines means the trend is young and orderly. Wide spacing with tangled lines means the market is extended or breaking down — not an ideal entry point.
On intraday charts, try pinning MA3 or MA4 to the daily timeframe. This keeps your long-term bias anchored without switching charts.
All timeframe calculations use confirmed (closed) bars only — there is no repainting.

Script open-source

Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.

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Script open-source

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