Rainbow Binary Wave [LazyBear]

//
// @author LazyBear
//
// If you use this code in its original/modified form, do drop me a note.
//
study("Rainbow Uptrend Binary Wave", shorttitle="RUW_LB", overlay=false)
sma2=sma(close,2)
dsma2=sma(sma2,2)
tsma2=sma(dsma2,2)
qsma2=sma(tsma2,2)
psma2=sma(qsma2,2)
ssma2=sma(psma2,2)
s2sma2=sma(ssma2,2)
osma2=sma(s2sma2,2)
o2sma2=sma(osma2,2)
desma2=sma(o2sma2,2)
bw= (sma2>dsma2) and (dsma2> tsma2) and (tsma2>qsma2) and (qsma2>psma2) and (psma2>ssma2) and (ssma2>s2sma2) and (s2sma2>osma2) and (osma2>o2sma2) and (o2sma2>desma2)
hline(0.5)
plot(bw, color=bw>0.5?green:red, linewidth=2)