OPEN-SOURCE SCRIPT
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Dynamic Multi-Timeframe SMAs (Brian Shannon Style)

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Overview: This indicator implements the logic of Brian Shannon's "Multi-Timeframe Analysis" on intraday charts. It automatically calculates the correct length for the 5-Day and 50-Day Simple Moving Averages (SMA), regardless of the timeframe (e.g., 5m, 15m, 1h) you are viewing.

How it works Standard SMAs only count bars. A "50 SMA" on a 5-minute chart only looks back ~4 hours. This script dynamically calculates how many bars represent full trading days.

Features:

Asset Class Selector: Choose between Crypto (24/7) and Stocks (6.5h US Session) to ensure correct minute-per-day calculations.

Info Table: Displays exactly how many bars are being used for the calculation in real-time.
Versionshinweise
Overview This indicator implements the logic of Brian Shannon's "Multi-Timeframe Analysis" on intraday charts. It automatically calculates the correct length for the 5-Day and 50-Day Simple Moving Averages (SMA), regardless of the timeframe (e.g., 5m, 15m, 1h) you are viewing.

How it works Standard SMAs only count bars. A "50 SMA" on a 5-minute chart only looks back ~4 hours. This script dynamically calculates how many bars represent full trading days.

Features:

Asset Class Selector: Choose between Crypto (24/7) and Stocks (6.5h US Session) to ensure correct minute-per-day calculations.

Info Table: Displays exactly how many bars are being used for the calculation in real-time.

Haftungsausschluss

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