Log Smoothed Moving Average — Indicator by fskrypt

smma smoothed logscale log

This indicator has two features that make it better than standard SMMA for cryptocurrencies:
- starts from the very first candle
- calculations are performed in log-space which means less sensitivity to extreme volatility common in crypto world

Release Notes:

drop 1st candle for stability in the beginning

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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