SMA Background & Table Indicator

# SMA Background & Table Indicator - User Guide

## What is this Indicator?

The **SMA Background & Table Indicator** is a powerful TradingView Pine Script tool that provides instant visual feedback about a stock's position relative to key Simple Moving Averages (SMAs). Instead of cluttering your chart with multiple SMA lines, this indicator uses background colors and a clean table to show you everything you need to know at a glance. You can also set custom time frame for SMA (i.e. Daily chart for SMA calculation) while watching price action in 15 min chart. You will quickly know if SMA200 losses its level on a daily without you having a need to switch back and worth between time frames. A very cool feature.

## Key Features

### 🎨 Smart Background Colors
- **Green Background**: Price is above SMA200 - Bullish trend
- **Red Background**: Price is below SMA200 - Bearish trend
- **Orange Background**: Price is near SMA200 - Caution zone (within 1% threshold)

### 📊 Clean SMA Status Table
Located in the bottom-right corner, showing:
- **SMA5, SMA20, SMA50, SMA100, SMA200** values
- **Color-coded dots** for each SMA:
- 🟢 **Green**: Price is above this SMA (bullish)
- 🟠 **Orange**: Price is close to this SMA (within 0.5%)
- 🔴 **Red**: Price is below this SMA (bearish)

### ⏰ Flexible Timeframe Options
- **Chart Timeframe**: Calculate SMAs from your current chart timeframe
- **Custom Timeframe**: Choose any timeframe (1m, 5m, 1H, 1D, 1W, etc.) for SMA calculations

### 🎨 Full Customization
- **Table Text Size**: Tiny, Small, Normal, Large, or Huge
- **Table Background Color**: Any color you prefer
- **Table Font Color**: Customize text color to match your theme
- **Background Transparency**: Adjust from 0% (opaque) to 100% (transparent)

## How to Use

### Basic Usage
1. **Add the indicator** to any stock chart
2. **Watch the background color** for overall trend direction:
- Green = Bullish (above SMA200)
- Red = Bearish (below SMA200)
- Orange = Neutral/Transition zone
3. **Check the table** for detailed SMA analysis

### Advanced Usage

#### Timeframe Selection
1. Click on the indicator name in the chart
2. Click the **settings gear icon**
3. Enable **"Use Custom Timeframe for SMAs"**
4. Select your preferred **"Custom Timeframe"**

**Example**: You're trading on a 15-minute chart but want to see daily SMA levels:
- Set Custom Timeframe to "1D"
- Now you'll see how the current price relates to daily SMAs while still viewing 15-minute price action

#### Customizing Appearance
In the indicator settings:
- **Table Text Size**: Choose readability preference
- **Table Background Color**: Match your chart theme
- **Table Font Color**: Ensure good contrast
- **Background Transparency**: Balance visibility with chart clarity

## Trading Applications

### Trend Identification
- **Green background** = Look for long opportunities
- **Red background** = Look for short opportunities
- **Orange background** = Wait for clearer direction

### Support/Resistance Levels
- **Green dots** in table = SMAs acting as support
- **Red dots** in table = SMAs acting as resistance
- **Orange dots** = Key levels to watch for breakouts

### Multi-Timeframe Analysis
- Set custom timeframe to higher timeframe (e.g., daily)
- Trade on lower timeframe with higher timeframe SMA context
- Example: Day trading with daily SMA guidance

## Pro Tips

1. **Clean Charts**: This indicator eliminates the need for multiple SMA lines, keeping your chart clean while providing all essential information

2. **Quick Assessment**: One glance tells you the overall trend (background) and detailed SMA relationships (table)

3. **Multi-Timeframe Strategy**: Use daily SMAs on intraday charts for better trend context

4. **Customization**: Adjust colors and transparency to match your trading platform's theme for optimal visibility

5. **Threshold Understanding**:
- Background changes use 1% threshold (reduces noise)
- Table dots use 0.5% threshold (more sensitive)

This indicator transforms complex SMA analysis into simple, actionable visual information - perfect for both beginner and advanced traders!