3smma v1 by vams

9 jam yang lalu

### Script Description for Publication

**Title:** 3 Smoothed Moving Averages (32 Period)

This Pine Script calculates and visualizes three Smoothed Moving Averages (SMMA) based on different price sources: Low, High, and Close. It uses a fixed period of 32 for all calculations. SMMA is a variation of the moving average that provides smoother results by incorporating previous smoothed values into its calculations, making it suitable for trend analysis.

**Features:**
1. **SMMA (Low):** A smoothed moving average calculated using the low prices, plotted in blue.
2. **SMMA (High):** A smoothed moving average calculated using the high prices, plotted in green.
3. **SMMA (Close):** A smoothed moving average calculated using the close prices, plotted in red.

**Use Case:**
- Helps traders identify trends and potential reversal zones by analyzing smoothed price levels.
- Useful for filtering market noise and enhancing decision-making in technical analysis.

This script is designed for overlaying directly on price charts, providing clear and intuitive visualization of SMMA lines. Suitable for all trading styles, including intraday, swing, and positional trading.