is there someone that has a Smoothed moving average (SMMA) or can code that for me? I'm attemping to do this but I've no experience in coding and it's very frustrating even if I think it's a pretty simple job:
Smoothed Moving Average
The first value of this smoothed moving average is calculated as the simple moving average (SMA):
SUM.1 = SUM(CLOSE, n)
SMMA.1 = SUM.1 / n
The second and succeeding moving averages are calculated according to this formula:
SMMA = (SUM.1 - SMMA.1+CLOSE) / n
Thanks in advance,
Best regards
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