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.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.