OPEN-SOURCE SCRIPT
Trend-Based SMA Color Fill (30m / Daily / Weekly)
Description (TradingView Script Description)
This indicator highlights the relationship between price and a 65-period Simple Moving Average (SMA) using a dynamic color fill.
The goal is to visually emphasize short-term trend conditions and potential momentum shifts.
The script compares the current price action with the SMA slope and recent price levels to generate contextual color signals.
Key Features
• SMA 65 Trend Reference
The indicator uses a 65-period Simple Moving Average as the primary trend reference.
• Dynamic Color Fill
The space between price and the SMA is filled with different colors depending on the market condition.
• Green Zone
Displayed when price shows strength above the SMA and upward momentum is present.
• Red Zone
Displayed when price weakens below the SMA and downward momentum dominates.
• Yellow Zone
Represents transitional conditions where the trend direction is less clear.
• Multi-Timeframe Awareness
The script is designed to work especially well on 30-minute charts, while also referencing broader market context.
Purpose
The indicator helps traders quickly identify:
trend direction
potential momentum shifts
areas of strength or weakness relative to the moving average
It is intended as a visual market structure tool, not as a standalone trading system.
Notes
This script is designed for chart analysis and educational purposes.
It should be used together with additional market context and risk management.
This indicator highlights the relationship between price and a 65-period Simple Moving Average (SMA) using a dynamic color fill.
The goal is to visually emphasize short-term trend conditions and potential momentum shifts.
The script compares the current price action with the SMA slope and recent price levels to generate contextual color signals.
Key Features
• SMA 65 Trend Reference
The indicator uses a 65-period Simple Moving Average as the primary trend reference.
• Dynamic Color Fill
The space between price and the SMA is filled with different colors depending on the market condition.
• Green Zone
Displayed when price shows strength above the SMA and upward momentum is present.
• Red Zone
Displayed when price weakens below the SMA and downward momentum dominates.
• Yellow Zone
Represents transitional conditions where the trend direction is less clear.
• Multi-Timeframe Awareness
The script is designed to work especially well on 30-minute charts, while also referencing broader market context.
Purpose
The indicator helps traders quickly identify:
trend direction
potential momentum shifts
areas of strength or weakness relative to the moving average
It is intended as a visual market structure tool, not as a standalone trading system.
Notes
This script is designed for chart analysis and educational purposes.
It should be used together with additional market context and risk management.
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。