OPEN-SOURCE SCRIPT

SMA 20, 50, 200

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Sure, if you want a professional English description for your script to keep your TradingView workspace clean and standard, here is a concise and technical version you can use.

You can paste this directly into the description parameter of your indicator function:

English Description for your Script:
Title: MNQ Trend Following SMA Trio (20/50/200)

Description: > This indicator is designed specifically for Micro E-mini Nasdaq-100 (MNQ) futures trading. It utilizes three Simple Moving Averages (SMA) to define market structure across multiple time horizons:

SMA 20 (Blue): Short-term momentum and entry trigger.

SMA 50 (Yellow): Intermediate-term trend and dynamic support/resistance.

SMA 200 (Red): Long-term trend filter (The "Golden" line for directional bias).

Trading Logic:

Bullish Alignment: Price > SMA 20 > SMA 50 > SMA 200.

Bearish Alignment: Price < SMA 20 < SMA 50 < SMA 200.

Execution: Ideal for trend-following strategies using 30pt SL and 60pt TP with a 20pt Breakeven trigger.

면책사항

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