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OPEN-SOURCE SCRIPT

Smooth EMA/DEMA/TEMA/EHMA (SEMA)

By The_Peaceful_Lizard
Updated
This is my attempt at smoothing the exponential moving average any its cousins. I literally just smoothed the source and alpha and this is what we got. I really like this because you get a nice smooth yet fast acting moving average that works better than a traditional simple moving average. This script also included directional alerts.

Smooth EMA
snapshot

Smooth DEMA
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Smooth TEMA
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Smooth EHMA
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Release Notes
chart update
Release Notes
minor change
Release Notes
added adjustable alpha
averageDouble Exponential Moving Average (DEMA)ehmaExponential Moving Average (EMA)movingsmoothsmoothedsmoothingTriple Exponential Moving Average (TEMA)
The_Peaceful_Lizard

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 publication is governed by House rules. You can favorite it to use it on a chart.

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