OPEN-SOURCE SCRIPT

Combined SMA and EMA Indicator

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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.

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