OPEN-SOURCE SCRIPT
MA20 & MA50 Rising
MA20 & MA50 Rising Scanner
Detects when both the 20-period and 50-period simple moving averages turn upward on the most recent bar. Designed as a lightweight screener column for TradingView’s watchlists.
Overview
This indicator plots a binary flag (0 or 1) per symbol, where
- 1 means SMA(20) > SMA(20)[1] and SMA(50) > SMA(50)[1]
- 0 means one or both moving averages did not rise
Add it as a custom column in your watchlist to instantly surface stocks with both short- and medium-term trend acceleration.
How It Works
- Calculates ma20 = simple moving average of the last 20 closes
- Calculates ma50 = simple moving average of the last 50 closes
- Compares each with its prior value (ma20[1] and ma50[1])
- Sets flag to 1 only when both are higher than yesterday’s values
When you filter your watchlist for flag == 1, you see only symbols whose 20- and 50-period SMAs both rose on the latest bar.
Detects when both the 20-period and 50-period simple moving averages turn upward on the most recent bar. Designed as a lightweight screener column for TradingView’s watchlists.
Overview
This indicator plots a binary flag (0 or 1) per symbol, where
- 1 means SMA(20) > SMA(20)[1] and SMA(50) > SMA(50)[1]
- 0 means one or both moving averages did not rise
Add it as a custom column in your watchlist to instantly surface stocks with both short- and medium-term trend acceleration.
How It Works
- Calculates ma20 = simple moving average of the last 20 closes
- Calculates ma50 = simple moving average of the last 50 closes
- Compares each with its prior value (ma20[1] and ma50[1])
- Sets flag to 1 only when both are higher than yesterday’s values
When you filter your watchlist for flag == 1, you see only symbols whose 20- and 50-period SMAs both rose on the latest bar.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.