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BullBearInvesting
1 paź 2022 04:50

SMA 10/20/50 by Bull Bear Investing Baby 

S&P 500SP

Opis

This script basically is a combination of 3 different simple moving averages line to determine the trend of the assets

The colour indicating which moving averages are as per following:
1) Green- 10MA
2) Red- 20MA
3) Blue- 50MA

When the moving averages are aligned as per following, the trend is indicating towards an uptrend:
---> 10ma > 20ma > 50ma

Likewise when the moving averages are aligned as per following, the trend is indicating towards a downtrend:
---> 10ma < 20ma < 50ma
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