Simple Crossover Band

The Simple Crossover Bands indicator is designed to visually represent the relationship between two customizable moving averages directly on the price chart. When the faster moving average (Fast MA) crosses above the slower moving average (Slow MA), a green band appears. Conversely, when the faster moving average crosses below the slower moving average, a red band is displayed.

This indicator is fully customizable, allowing traders to adjust the moving average lengths in the settings menu to suit their trading strategies.

Adjustable Moving Averages:

The lengths of the Fast MA and Slow MA can be customized in the settings menu.

Default settings:

• Fast MA: 50
• Slow MA: 200
• These settings allow users to tailor the indicator to different timeframes or trading styles.

Visual Bands:

The crossover area between the Fast MA and Slow MA is filled with colors for easy interpretation:

• Green Band: Indicates bullish momentum (Fast MA > Slow MA).
• Red Band: Indicates bearish momentum (Fast MA < Slow MA).