Simple Moving Averages by ComLucro - A/B/C/D/E - 2025_V03This script provides an easy-to-use tool for plotting Simple Moving Averages (SMA) on your TradingView chart. With customizable lengths, colors, and visibility options, you can tailor the script to fit your trading strategy and chart preferences.
Key Features:
Five Simple Moving Averages (SMA): A, B, C, D, and E, with default lengths of 10, 20, 50, 100, and 200 periods, respectively.
Fully Customizable:
Adjust SMA lengths to match your trading needs.
Customize line colors for easy identification.
Toggle visibility for each SMA on or off.
Clear and Intuitive Design: This script overlays directly on your chart, providing a clean and professional look.
Educational Purpose: Designed to support traders in analyzing market trends and identifying key price levels.
How to Use:
Add the indicator to your chart.
Configure the SMA lengths under the input settings. Default settings are optimized for common trading strategies.
Customize the colors to differentiate between the moving averages.
Toggle the visibility of specific SMAs to focus on what's important for your analysis.
Best Practices:
Use shorter SMAs (e.g., A and B) to identify short-term trends and momentum.
Use longer SMAs (e.g., D and E) to evaluate medium- to long-term trends and support/resistance levels.
Combine with other tools like RSI, MACD, or volume analysis for a more comprehensive trading strategy.
Disclaimer:
This script is for educational purposes only and does not constitute financial or trading advice. Always backtest your strategies and use proper risk management before applying them in live markets.
