OPEN-SOURCE SCRIPT
Dual Smoothed Moving Averages
Dual Smoothed Moving Averages (SMMA)
Description:
This indicator plots two customizable Smoothed Moving Averages (SMMA) on your chart, allowing traders to analyze trends and price movements with greater flexibility. The SMMA is a variation of the moving average that smooths out price data more effectively, reducing noise and providing clearer signals for trend direction.
Features:
Two Independent SMMAs: Customize the length, source, and color for each SMMA to suit your trading strategy.
Overlay on Chart: The moving averages are plotted directly on the price chart for seamless analysis.
Dynamic Calculations: The recursive SMMA formula ensures accurate and adaptive smoothing of price data.
How to Use:
SMMA 1: Set the desired length and source (e.g., close, open, high) for the first moving average.
SMMA 2: Customize the second moving average with its own length and source.
Adjust the colors of each line to differentiate them visually.
This tool is ideal for trend-following strategies, crossover techniques, or identifying dynamic support and resistance levels. Whether you're a swing trader, scalper, or long-term investor, the Dual SMMA indicator offers powerful insights into market behavior.
Description:
This indicator plots two customizable Smoothed Moving Averages (SMMA) on your chart, allowing traders to analyze trends and price movements with greater flexibility. The SMMA is a variation of the moving average that smooths out price data more effectively, reducing noise and providing clearer signals for trend direction.
Features:
Two Independent SMMAs: Customize the length, source, and color for each SMMA to suit your trading strategy.
Overlay on Chart: The moving averages are plotted directly on the price chart for seamless analysis.
Dynamic Calculations: The recursive SMMA formula ensures accurate and adaptive smoothing of price data.
How to Use:
SMMA 1: Set the desired length and source (e.g., close, open, high) for the first moving average.
SMMA 2: Customize the second moving average with its own length and source.
Adjust the colors of each line to differentiate them visually.
This tool is ideal for trend-following strategies, crossover techniques, or identifying dynamic support and resistance levels. Whether you're a swing trader, scalper, or long-term investor, the Dual SMMA indicator offers powerful insights into market behavior.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, penulis telah menerbitkan kod Pine ini sebagai sumber terbuka supaya pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda boleh menggunakan perpustakaan ini secara percuma, tetapi penggunaan semula kod dalam penerbitan ini adalah dikawal oleh Peraturan dalaman. Anda boleh menyukainya untuk menggunakannya pada carta.
Ingin menggunakan skrip ini pada carta?
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.