OPEN-SOURCE SCRIPT
Seven Simple Moving Averages
By default, this script overlays seven simple moving averages (5, 10, 20, 50, 100, 150, 200) and allows you to customize the SMA values as you wish. If a candle closes at or above a moving average, the plot for that SMA is colored green for that candle otherwise it's red.
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 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.