5 MA Length Custom [wjdtks255]

Indicator Title: 5 MA Length Custom
This indicator is a minimalist tool designed for pure trend visualization across five user-defined periods using Simple Moving Averages (SMAs). It contains no built-in signals or dynamic features—it serves strictly as a trend filter and confirmation layer.

Key Features and Customization
The indicator plots five fixed-color, fixed-thickness moving average lines. Only the Length (period) of each MA can be changed in the settings, offering clean, focused market analysis.

MA 1 (Default 5): Immediate price action.

MA 2 (Default 20): Short-term momentum.

MA 3 (Default 60): Key Mid-term Trend Line.

MA 4 (Default 40): Proxy for the standard Bollinger Band Center Line.

MA 5 (Default 120): Major Long-term Trend.

🧭 Trading Strategy: MA Filtered Reversion
This strategy uses the MA hierarchy for trend filtering and bias confirmation when executing trades based on an external signal indicator (e.g., a volatility/reversal signal like BB OPT EN).

🟢 Long Bias Confirmation (Buy)

The short-term trend must support the mid-term trend. This is confirmed when MA 2 (20) is positioned above MA 3 (60). When this alignment occurs, you should only take external Buy signals (reversal signals) for higher probability trades.

🔴 Short Bias Confirmation (Sell)

The short-term trend must align with the bearish direction. This is confirmed when MA 2 (20) is positioned below MA 3 (60). When this alignment occurs, you should only take external Sell signals (reversal signals) for higher probability trades.