OPEN-SOURCE SCRIPT
SMA Ribbon
This indicator overlays multiple Simple Moving Averages (SMAs) on the price chart to help visualize both short- and long-term market trends. It includes five configurable SMA lines — 10, 21, 50, 100, and 200 periods by default — each plotted with distinct colors for quick differentiation.
Short-term averages (10 and 21) highlight near-term momentum, while medium- and long-term averages (50, 100, and 200) provide broader trend context and identify potential areas of dynamic support or resistance.
Users can easily adjust the period lengths and line thickness through the settings panel to fit different timeframes or trading styles.
Features
Plots 5 configurable SMAs (default: 10, 21, 50, 100, 200)
Adjustable line width and colors for visual clarity
Works seamlessly on any timeframe and instrument
Useful for identifying trend direction, strength, and key support/resistance zones
Short-term averages (10 and 21) highlight near-term momentum, while medium- and long-term averages (50, 100, and 200) provide broader trend context and identify potential areas of dynamic support or resistance.
Users can easily adjust the period lengths and line thickness through the settings panel to fit different timeframes or trading styles.
Features
Plots 5 configurable SMAs (default: 10, 21, 50, 100, 200)
Adjustable line width and colors for visual clarity
Works seamlessly on any timeframe and instrument
Useful for identifying trend direction, strength, and key support/resistance zones
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.