HTF SMA Moving Average COLOR

🟦1 INDICATOR OVERVIEW
HTF SMA Moving Average COLOR is a higher-timeframe simple moving average designed to provide immediate visual clarity of market bias. The indicator compares current price to a higher-timeframe SMA and dynamically changes color based on relative position. Its purpose is to deliver clean, objective trend context without oscillators, signals, or subjective interpretation.
The indicator works on all TradingView-supported markets and symbols, including Forex, Crypto, Indices, Commodities, and Stocks, and can be applied to any chart timeframe.




🟦2 CORE FUNCTIONAL LOGIC
The indicator calculates a Simple Moving Average using a user-defined length and source. Two calculation modes are available. In TRUE HTF mode, the SMA is computed directly on the selected higher timeframe, providing an exact structural reference. In PROXY SMOOTH mode, the SMA is approximated on the chart timeframe using a proportional length, producing a visually continuous line while preserving overall trend structure.
Color logic is binary and intentional: green when price is above the moving average, red when price is below.




🟦3 KEY BENEFITS
• Clear higher-timeframe trend and bias identification
• Choice between structural accuracy and visual smoothness
• No hidden repainting logic
• Extremely low chart clutter
• Works with any trading style or methodology
• Suitable for scalping, intraday, swing, and position trading

🟦4 MULTI-TIMEFRAME FLEXIBILITY
The indicator allows traders to anchor decisions to higher-timeframe structure while executing on lower timeframes. TRUE HTF mode enforces strict higher-timeframe discipline, while PROXY SMOOTH mode improves readability and usability on execution charts.
If no higher timeframe is specified, the indicator automatically adapts to the chart timeframe.

🟦5 PROFESSIONAL VISUAL DESIGN
The moving average is plotted with increased line thickness for maximum readability. The color scheme is deliberately minimal and consistent, ensuring the indicator integrates naturally into professional chart layouts without distraction or over-annotation.

🟦6 NON-REPAINTING BEHAVIOR
When used with candle-close confirmation enabled, the indicator does not repaint historical values. Higher-timeframe values remain stable once the source candle has closed, making the tool suitable for backtesting, journaling, and rule-based execution.

🟦7 IDEAL USE CASES
• Trend filter for entry systems
• Directional bias confirmation
• Trade management alignment
• Higher-timeframe structure reference
• Strategy simplification and discipline enforcement

🟦8 FINAL RECOMMENDATION
TRUE HTF mode provides an exact higher-timeframe moving average and may appear as a step line on lower timeframes. PROXY SMOOTH mode is a lower-timeframe approximation of the higher-timeframe SMA, designed to improve visual continuity and execution comfort. Because it is an approximation, the proxy value may differ slightly from the true higher-timeframe value.
Users are encouraged to choose the mode that best fits their workflow: structural precision or visual smoothness.