SMA 50 collector V2

17. Juli 2019

Hi everyone

The today script is an upgrade on steroids of my previous SMA 50 collector

Why this script ?

The SMA 50 is known to define a trend. If price is closing above, trend is bullish , if below, trend is bearish.
That's why I like to have all of them in all timeframes on my chart :)
Those are very relevant for all assets class : FOREX, INDEX, STOCKS, CRYPTO, ...

What's the update ?

I added new timeframes and developped a small optimization to get those labels placed on the right hand side of your screen.
"Is it really useful sir ?" Well, you certainly noticed that looking at a chart on tradingview mobile is not ideal (indicators overlapping, indicator names taking too much space and so on...)
When you'll deactivate the indicator name label display from tradingview, you can activate mine which will look way nicer on your mobile (and even Desktop).

This concept was greatly inspired by scarf : https://www.tradingview.com/script/AZ1vAqtl-Long-Term-Levels-4h-D-W-M-Q-Y/

HOW TO USE IT ?

You can activate/deactivate the SMA50 you (don't) need in the style section of the indicator configuration UI. You'll just have to uncheck/check. Simple right :) ?

See y'all tomorrow for the next indicator or idea. The one for tomorrow should blow your mind as it certainly did when I discovered and optimized it

Enjoy
Dave