OPEN-SOURCE SCRIPT
Combined SMA and EMA Indicator
Description
This lightweight, multi-purpose indicator combines traditional Simple Moving Averages (SMA) and Exponential Moving Averages (EMA) into a single script, eliminating the need for multiple indicator slots on your chart.
Beyond simply plotting the standard lines, this script includes a dynamic secondary smoothing layer that can track either your SMA or EMA baseline, complete with optional Bollinger Band volatility channels.
Key Features:
Dual Display Mode: Choose to display only the SMA, only the EMA, or both simultaneously to analyze trend crossovers.
Targeted Smoothing: Apply a secondary filter to either the SMA or EMA baseline. Smoothing options include SMA, EMA, SMMA (RMA), WMA, or VWMA.
Integrated Bollinger Bands: Enable volatility bands directly over your smoothed moving average line to identify overextended price action and potential reversals.
Fully Configurable: Hide, show, or adjust lengths and source inputs for all components directly from the settings menu.
How to Use:
Trend Direction: Use the primary SMA/EMA crossover to determine the macro trend.
Dynamic Support/Resistance: Use the secondary Smoothed MA (Yellow) as a trailing trigger line for entries.
Volatility Breaks: Use the integrated Bollinger Bands to gauge when the baseline moving average is experiencing extreme expansion or contraction.
This lightweight, multi-purpose indicator combines traditional Simple Moving Averages (SMA) and Exponential Moving Averages (EMA) into a single script, eliminating the need for multiple indicator slots on your chart.
Beyond simply plotting the standard lines, this script includes a dynamic secondary smoothing layer that can track either your SMA or EMA baseline, complete with optional Bollinger Band volatility channels.
Key Features:
Dual Display Mode: Choose to display only the SMA, only the EMA, or both simultaneously to analyze trend crossovers.
Targeted Smoothing: Apply a secondary filter to either the SMA or EMA baseline. Smoothing options include SMA, EMA, SMMA (RMA), WMA, or VWMA.
Integrated Bollinger Bands: Enable volatility bands directly over your smoothed moving average line to identify overextended price action and potential reversals.
Fully Configurable: Hide, show, or adjust lengths and source inputs for all components directly from the settings menu.
How to Use:
Trend Direction: Use the primary SMA/EMA crossover to determine the macro trend.
Dynamic Support/Resistance: Use the secondary Smoothed MA (Yellow) as a trailing trigger line for entries.
Volatility Breaks: Use the integrated Bollinger Bands to gauge when the baseline moving average is experiencing extreme expansion or contraction.
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。