Combo Basic Indicators

The indicator consists of multiple time frame SMA and PSAR, the very basic indicator but could be profitable.
SMA can be used as dynamic Support-Resistant levels, and value of higher time frame are considered more significant (major level).
For example, Bitcoin currently has weekly support at 6568$, and regarding to SMA of lower time frame (Day, 4H,..) that are near then concluded as sideways condition.
However, trading opportunities still can be found for short term and tight range (scalping).

릴리즈 노트

clean out unused commands

오픈 소스 스크립트

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.