MA20 & MA50 Rising

MA20 & MA50 Rising Scanner
Detects when both the 20-period and 50-period simple moving averages turn upward on the most recent bar. Designed as a lightweight screener column for TradingView’s watchlists.

Overview
This indicator plots a binary flag (0 or 1) per symbol, where
- 1 means SMA(20) > SMA(20)[1] and SMA(50) > SMA(50)[1]
- 0 means one or both moving averages did not rise
Add it as a custom column in your watchlist to instantly surface stocks with both short- and medium-term trend acceleration.

How It Works
- Calculates ma20 = simple moving average of the last 20 closes
- Calculates ma50 = simple moving average of the last 50 closes
- Compares each with its prior value (ma20[1] and ma50[1])
- Sets flag to 1 only when both are higher than yesterday’s values
When you filter your watchlist for flag == 1, you see only symbols whose 20- and 50-period SMAs both rose on the latest bar.