OPEN-SOURCE SCRIPT
Daily 30 SMA + 30 EMA Ribbon + Spread SD
Description
Multi-timeframe ribbon showing the relationship between the 30-period SMA and EMA calculated on the Daily timeframe. Includes dynamic ribbon fill and ±1 SD bands on the spread for volatility context.
Key Features
Pulls true Daily 30 SMA & 30 EMA (works on any chart timeframe)
Coloured ribbon between the two MAs (Red when SMA > EMA, Green when EMA > SMA)
Spread ± Standard Deviation bands (default 20-period) around the midline
Visual cross markers
Fully customisable colours, lengths, and visibility
How to Use
Add to any chart (best on 1H, 4H, or Daily).
Green ribbon = EMA above SMA (bullish in this setup - RED FLAG indicators crossover).
Red ribbon = SMA above EMA (bearish in this setup - GREEN FLAG indicators crossover) - [I forgot to change the flag colours to match, you can do this adjustment yourself.]
Watch the gray SD bands — when the ribbon expands significantly beyond the bands, the spread is statistically wide (potential mean reversion or strong trend).
Use the SD Length (20 default) to adjust sensitivity.
Pros
Clean visual of daily structure on intraday charts
SD bands help identify statistically significant spread expansions/contractions
Good for spotting pullbacks to the ribbon or regime changes
Highly customisable
Cons / Limitations
MTF can lag slightly on very short timeframes
The swapped colour scheme (Red = bullish) may feel counter-intuitive at first
Not a standalone signal — best used with price action and volume
Multi-timeframe ribbon showing the relationship between the 30-period SMA and EMA calculated on the Daily timeframe. Includes dynamic ribbon fill and ±1 SD bands on the spread for volatility context.
Key Features
Pulls true Daily 30 SMA & 30 EMA (works on any chart timeframe)
Coloured ribbon between the two MAs (Red when SMA > EMA, Green when EMA > SMA)
Spread ± Standard Deviation bands (default 20-period) around the midline
Visual cross markers
Fully customisable colours, lengths, and visibility
How to Use
Add to any chart (best on 1H, 4H, or Daily).
Green ribbon = EMA above SMA (bullish in this setup - RED FLAG indicators crossover).
Red ribbon = SMA above EMA (bearish in this setup - GREEN FLAG indicators crossover) - [I forgot to change the flag colours to match, you can do this adjustment yourself.]
Watch the gray SD bands — when the ribbon expands significantly beyond the bands, the spread is statistically wide (potential mean reversion or strong trend).
Use the SD Length (20 default) to adjust sensitivity.
Pros
Clean visual of daily structure on intraday charts
SD bands help identify statistically significant spread expansions/contractions
Good for spotting pullbacks to the ribbon or regime changes
Highly customisable
Cons / Limitations
MTF can lag slightly on very short timeframes
The swapped colour scheme (Red = bullish) may feel counter-intuitive at first
Not a standalone signal — best used with price action and volume
オープンソーススクリプト
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。