50 Week MA

This script plots the true 50-week simple moving average (SMA) derived directly from the weekly timeframe, ensuring accuracy across all chart intervals.
It allows you to visualise the long-term trend regardless of whether you’re viewing a 1-day, 4-hour, or 1-minute chart.

Commonly used by swing traders and long-term investors, the 50-week MA helps identify macro trend direction, dynamic support and resistance zones, and major cycle shifts in price behaviour.