OPEN-SOURCE SCRIPT

Albin's Stradegy

//version=5
indicator("SMA Crossover Signal", overlay=true)

/**
* This indicator identifies trade signals based on the crossover of two simple moving averages (SMA) and the relative position of the price to a longer-term SMA.
*
* - It calculates the 5-period, 20-period, and 50-period SMAs.
* - A 'BUY SIGNAL' is displayed when the 5-period SMA crosses above the 20-period SMA, but only if the price is above the 50-period SMA (bullish trend confirmation).
* - A 'SELL SIGNAL' is displayed when the 5-period SMA crosses below the 20-period SMA, but only if the price is below the 50-period SMA (bearish trend confirmation).
* - The background color changes dynamically: green when the price is above the 50-period SMA, red when it is below.
*/

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