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This indicator is designed to help traders identify early strength and weakness signals based on simple moving averages and price behavior logic.

Key Features:

Highlights "Strength" when price closes above the selected SMA (default 50 SMA), signaling possible bullish intent.

Marks "Weak" zones only once during fresh breakdowns when price falls below the SMA – reducing clutter and false alerts.

Customizable SMA level and color options for personalized charting.

Clean chart labels that appear only once per unique condition, reducing visual noise.

Ideal for swing traders and position traders looking for clarity around key moving averages.

Crafted for technical analysts who prefer minimalist yet powerful signal cues that align with broader price action principles.

Disclaimer:
This indicator is shared for educational and informational purposes only. The publisher is not responsible for any financial losses, damages, or consequences of any kind arising from the use of this tool. Trading and investing in financial markets involves substantial risk, and you should consult with a qualified financial advisor before making any trading decisions.

Past performance is not indicative of future results. Use this tool at your own risk.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.