6 Configurable Moving Averages

Indicator: 6 Configurable Moving Averages
Overview
This Pine Script indicator for TradingView provides six fully customizable Simple Moving Averages (SMAs) that can be individually configured through an organized settings panel. Designed for clarity and flexibility, it allows traders to visualize multiple trend lines with complete control over appearance and parameters.

Key Features
1. Six Configurable SMAs
Each of the six moving averages offers individual settings:

Period: Adjustable from 1 to 1000 periods

Color: Full color palette selection

Line Style: Choose between Solid, Dashed, or Dotted styles

Name: Customizable label for each SMA

Visibility: Toggle individual SMAs on/off

2. Information Table
An optional table displays real-time data:

Current values of all SMAs

Period settings for each SMA

Price relationship indicators (showing whether current price is above or below each SMA)

Position adjustable to all four corners of the chart

3. Congestion Zones
Optional dynamic bands based on:

Average of all visible SMAs

User-defined deviation percentage (0.1% to 5.0%)

Shaded area between upper and lower bands for easy visualization of consolidation zones

How It Works
Calculation
The indicator calculates Simple Moving Averages using the standard formula:

text
SMA = SUM(Price Source, Period) / Period
Where:

Price Source: Configurable (default: Close price)

Period: User-defined for each SMA

Visual Elements
Moving Average Lines: Six independently styled lines plotted on the chart

Information Table: Compact data display showing current values and relationships

Congestion Bands: Optional shaded area showing price consolidation zones

Customization Options
General Settings:

Toggle information table visibility

Set table position (top-right, top-left, bottom-right, bottom-left)

Select price source (Close, Open, High, Low, etc.)

Individual SMA Settings (for each of the 6 SMAs):

Period adjustment

Color selection

Line style selection

Custom naming

Visibility control

Congestion Zone Settings:

Toggle zones on/off

Adjust deviation percentage

Configuration Examples
Trend Following Setup
SMA1: 10 periods (Blue, Solid) - "Fast"

SMA2: 20 periods (Red, Solid) - "Medium"

SMA3: 50 periods (Green, Solid) - "Base"

SMA4: 100 periods (Orange, Dashed) - "Long 1"

SMA5: 200 periods (Purple, Dashed) - "Long 2"

SMA6: 300 periods (Fuchsia, Dashed) - "Long 3"

Support/Resistance Setup
Use multiple SMAs with different periods to identify dynamic support and resistance levels. Converging SMAs indicate strong price zones.

Noise Filtering Setup
Combine short, medium, and long-term SMAs to filter market noise and identify clear trends.

Benefits
Flexibility: Complete control over all six moving averages

Clarity: Clean visual presentation without unnecessary chart clutter

Information Access: Quick reference table with current values

Adaptability: Suitable for various trading styles and timeframes

Multi-Timeframe Analysis: Simultaneous visualization of different trend lengths

Usage Tips
Trend Identification: Aligned SMAs indicate strong trends

Support/Resistance: Use SMAs as dynamic support and resistance levels

Crossovers: Manually observe where SMAs cross (though automatic signals are disabled in this version)

Zone Analysis: Congestion zones help identify consolidation periods

Multiple Timeframes: Configure SMAs for different timeframe analysis on the same chart

Technical Details
Script Version: Pine Script v6

Overlay: Yes (draws directly on price chart)

Maximum Lines: 20

Update Frequency: Real-time with each new bar

This indicator provides professional-grade moving average analysis with unparalleled customization options, making it suitable for both novice and experienced traders seeking to tailor their technical analysis tools to specific trading strategies.