An Indicator that Becomes a Trading System

SHORT DESCRIPTION

Free dual SMA chart overlay with customizable periods for simple trend and crossover analysis.

FULL DESCRIPTION

TwoSMA.cs is a lightweight chart-overlay indicator that displays two Simple Moving Averages directly on the price chart.

KEY FEATURES

• Fast and Slow Simple Moving Average lines
• Default periods: Fast SMA 5 and Slow SMA 34
• Fully adjustable moving-average periods
• Customizable line colors
• Compatible with different symbols and chart periods
• Clean and easy-to-read chart display

HOW TO READ THE INDICATOR

• Fast SMA above Slow SMA indicates a bullish trend context.
• Fast SMA below Slow SMA indicates a bearish trend context.
• A crossover may indicate that market direction is changing.

Longer chart periods generally produce smoother signals, while shorter periods may contain more market noise.

IMPORTANT

This indicator is a visual analysis tool. It does not open or manage trades, provide guaranteed entry signals, or guarantee trading results. Moving averages are lagging indicators and should be combined with independent analysis and risk management.