OPEN-SOURCE SCRIPT
Aktualisiert SMA Projection
What it does
Draws a linear projection of a Simple Moving Average (SMA) 20 bars into the future using the SMA’s recent slope. Optionally shows a tiny momentum flag (just a number) positioned 0.75× ATR below the SMA on the last bar. No future data is read; everything updates on the current bar only.
How it works
SMA: Standard SMA on your chosen source and length.
Projection (fixed 20 bars): Uses a linear extrapolation from the last SMA value with slope
slope = (ma - ma[slopeLen]) / slopeLen
Momentum magnitude (optional): A signed number where >0 = up-slope, <0 = down-slope, ~0 = flat. Units are selectable: price/bar, %/bar, or ATR/bar (default). The flag is rendered small and colored teal (pos) / red (neg) / gray (flat).
Key features
Fixed 20-bar projection (no input—keeps it simple and comparable).
Tiny numeric momentum flag (off by default) placed well below the line (0.75× ATR).
Unit choices for momentum: price/bar, %/bar, ATR/bar.
Deadband option to zero-out tiny slopes.
Non-repainting projection: drawn only on the last bar; updates each candle.
Inputs (summary)
SMA length and Source
Slope lookback (for magnitude)
Show momentum flag (default: Off)
Magnitude units: price/bar, %/bar, ATR/bar (default)
Deadband and Decimals for display control
Tips
For smoother projections, increase slope lookback; for responsiveness, decrease it.
Use ATR/bar or %/bar if you want momentum values that are more comparable across symbols and timeframes.
The projection is indicative, not predictive—combine with structure, volume, and risk management.
Notes & limits
The “future” line is just a linear extrapolation from recent behavior; regime shifts will break linearity.
The momentum flag text is intentionally minimal to avoid chart clutter.
Works on any timeframe; the projection distance is always 20 bars on that timeframe.
Tags: SMA, moving average, projection, slope, momentum, ATR, extrapolation, non-repainting, trading tools
Draws a linear projection of a Simple Moving Average (SMA) 20 bars into the future using the SMA’s recent slope. Optionally shows a tiny momentum flag (just a number) positioned 0.75× ATR below the SMA on the last bar. No future data is read; everything updates on the current bar only.
How it works
SMA: Standard SMA on your chosen source and length.
Projection (fixed 20 bars): Uses a linear extrapolation from the last SMA value with slope
slope = (ma - ma[slopeLen]) / slopeLen
Momentum magnitude (optional): A signed number where >0 = up-slope, <0 = down-slope, ~0 = flat. Units are selectable: price/bar, %/bar, or ATR/bar (default). The flag is rendered small and colored teal (pos) / red (neg) / gray (flat).
Key features
Fixed 20-bar projection (no input—keeps it simple and comparable).
Tiny numeric momentum flag (off by default) placed well below the line (0.75× ATR).
Unit choices for momentum: price/bar, %/bar, ATR/bar.
Deadband option to zero-out tiny slopes.
Non-repainting projection: drawn only on the last bar; updates each candle.
Inputs (summary)
SMA length and Source
Slope lookback (for magnitude)
Show momentum flag (default: Off)
Magnitude units: price/bar, %/bar, ATR/bar (default)
Deadband and Decimals for display control
Tips
For smoother projections, increase slope lookback; for responsiveness, decrease it.
Use ATR/bar or %/bar if you want momentum values that are more comparable across symbols and timeframes.
The projection is indicative, not predictive—combine with structure, volume, and risk management.
Notes & limits
The “future” line is just a linear extrapolation from recent behavior; regime shifts will break linearity.
The momentum flag text is intentionally minimal to avoid chart clutter.
Works on any timeframe; the projection distance is always 20 bars on that timeframe.
Tags: SMA, moving average, projection, slope, momentum, ATR, extrapolation, non-repainting, trading tools
Versionshinweise
What it doesDraws a linear projection of a Simple Moving Average (SMA) 20 bars into the future using the SMA’s recent slope. Optionally shows a tiny momentum flag (just a number) positioned 0.75× ATR below the SMA on the last bar. No future data is read; everything updates on the current bar only.
How it works
SMA: Standard SMA on your chosen source and length.
Projection (fixed 20 bars): Uses a linear extrapolation from the last SMA value with slope
slope = (ma - ma[slopeLen]) / slopeLen
Momentum magnitude (optional): A signed number where >0 = up-slope, <0 = down-slope, ~0 = flat. Units are selectable: price/bar, %/bar, or ATR/bar (default). The flag is rendered small and colored teal (pos) / red (neg) / gray (flat).
Key features
Fixed 20-bar projection (no input—keeps it simple and comparable).
Tiny numeric momentum flag (off by default) placed well below the line (0.75× ATR).
Unit choices for momentum: price/bar, %/bar, ATR/bar.
Deadband option to zero-out tiny slopes.
Non-repainting projection: drawn only on the last bar; updates each candle.
Inputs (summary)
SMA length and Source
Slope lookback (for magnitude)
Show momentum flag (default: Off)
Magnitude units: price/bar, %/bar, ATR/bar (default)
Deadband and Decimals for display control
Tips
For smoother projections, increase slope lookback; for responsiveness, decrease it.
Use ATR/bar or %/bar if you want momentum values that are more comparable across symbols and timeframes.
The projection is indicative, not predictive—combine with structure, volume, and risk management.
Notes & limits
The “future” line is just a linear extrapolation from recent behavior; regime shifts will break linearity.
The momentum flag text is intentionally minimal to avoid chart clutter.
Works on any timeframe; the projection distance is always 20 bars on that timeframe.
Tags: SMA, moving average, projection, slope, momentum, ATR, extrapolation, non-repainting, trading tools
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.