OPEN-SOURCE SCRIPT

Moving Averages by ComLucro - 20/50/100/200 - 2025_V01

Moving Averages by ComLucro - 20/50/100/200 - 2025_V01

Moving Averages by ComLucro - 20/50/100/200 - 2025_V01 is a versatile and customizable tool for traders looking to incorporate 20, 50, 100, and 200-period Simple Moving Averages (SMA) into their technical analysis. This indicator allows traders to easily track these key moving averages directly on their charts, with customizable colors and line positions for a seamless user experience.

Key Features:

  • Multiple Timeframes: Displays 20, 50, 100, and 200-period SMAs, widely used in technical analysis.
  • Customizable Colors: Adjust the color of each SMA to match your chart’s theme and improve visibility.
  • Clean Visualization: Plots each moving average with distinct colors and thicknesses for clarity.


How It Works:

  1. Choose your desired periods for the SMAs: 20, 50, 100, and 200.
  2. Customize the line colors to enhance chart readability.
  3. View the SMAs dynamically plotted over your chart for quick reference during analysis.


Disclaimer:
This script is intended for educational purposes only and does not constitute financial or trading advice. Use it responsibly and ensure it aligns with your trading strategies and risk management practices.
comlucroCyclesmovingavarageMoving AveragesTechnical Analysistrend-analysisTrend Analysis

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