Bar Near Fast SMA — Indicator by tankorsmash

Paints bars based on whether they are above or below the Fast SMA. You can optionally show/hide bars that are below the slow SMA.

This is supposed to be used as confirmation and validation of an idea.

Release Notes:

Removed commented code, removed AROON and ATR from the chart screenshot

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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