SMOTHING_MOVE_SIDD — Indicator by siddmuk2005

oscillator trendanalysis movingaverage alma trendfilter smothing_move_sidd

This Indicator is used to smooth the movement of scripts with SMMA and SEMA .

Inspired by Chris Moody RSI-EMA .

This indicator help to avoid any kind of small correction in trending direction and it filter small kind of correction.

Small correction like 2-15 irregular corrective candles is filtered with the help of smooth moving average and Arnaud Legoux Moving Average.

Keep default setting help for optimal trend filter changing setting may change the results.

This Indicator is not recommending for Buy and Sell.

Release Notes:

Updating color code for small time frame up moves in scripts.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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