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Multiple Moving Averages by Badshah

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Introduction Streamline your technical analysis with the Quintuple MA Strategy Suite, a robust all-in-one utility designed to maximize chart efficiency. Instead of cluttering your workspace with multiple individual indicators, this script empowers you to deploy up to five fully customizable Moving Averages simultaneously. Whether you are tracking micro-trends for scalping or major baselines for swing trading, this tool adapts to every timeframe and style.

Core Features

5-in-1 Architecture: Run five independent moving averages at once, saving your precious indicator slots for other tools.

Hybrid Calculation Modes: Instantly toggle any line between Simple Moving Average (SMA) for smooth baselines and Exponential Moving Average (EMA) for weight-sensitive reactions to recent price action.

Smart labeling System: Features an intelligent labeling mechanism that places text tags slightly offset from the current price. This ensures you can instantly identify which line is which (e.g., "EMA 50" vs "SMA 200") without the text obscuring the latest candles.

Granular Control: Every aspect is customizable. You can independently adjust the Length, Source (Close, Open, High, Low, etc.), Color, and Visibility for each of the five MAs.

Practical Use Cases

The "Golden Cross" Setup: Enable MA 3 (50 Length) and MA 5 (200 Length) to automatically visually track major trend reversals.

Ribbon Trading: Enable all five lines with sequential lengths (e.g., 20, 50, 100, 150, 200) to create a "Moving Average Ribbon," visualizing the strength and direction of the trend expansion.

Scalping Cross: Use MA 1 and MA 2 set to fast lengths (like 9 and 21) to catch rapid momentum shifts.

Settings Guide

Show MA: Toggles the visibility of the specific line.

Show Label: Toggles the text tag next to the line (auto-offset by 5 bars).

Type: Select between SMA or EMA calculation.

Length: Define the lookback period for the average.

Disclaimer This script is provided for educational and analytical purposes only. Past performance of indicators does not guarantee future results. Trade responsibly.

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