OPEN-SOURCE SCRIPT

200 SMA from 1H timeframe &Label

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Plots the 200-period Simple Moving Average (SMA) calculated strictly on the 1-hour timeframe, visible and accurate on any chart timeframe (1m, 5m, 15m, 4H, daily, etc.).

• The line appears “stepped” on lower timeframes (normal/expected for higher-TF data).

• Includes a clean, updating label on the right edge showing the current 1H 200 SMA value.

• Optional faint background tint highlights new 1H bars for easy visual reference.

Ideal for: Multi-timeframe analysis, trend filtering, support/resistance on intraday charts, or confirming the broader hourly trend while trading lower timeframes.

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