Strength by EG

This indicator from equitygurukul.in is designed to help traders identify key market trend phases using classic moving averages. It includes:

50, 150, 200-period MAs (user can choose SMA or EMA via dropdown).

A Custom MA (default length 21, user-adjustable).

Buy Signal Arrow when bullish alignment conditions are met.

Weak Label when price crosses below the Custom MA.

Strength Label when price crosses above the Custom MA and is also above the 50 MA.

Fully customizable colors, label display toggles, and arrow size options.

This tool allows traders to quickly visualize momentum shifts, long-term trend alignment, and strength/weakness signals on the chart.

⚠️ Disclaimer

This script is created for educational purposes under the brand equitygurukul.in. It is not financial advice. Trading and investing involve risk, and past performance does not guarantee future results. Please do your own research or consult a financial advisor before making investment decisions.