3 Smoothed Moving Averages (32 Period) with Buy/Sell Signals
This indicator utilizes three Smoothed Moving Averages (SMMA), each calculated over a fixed period of 32 bars, with distinct sources:
SMMA1 is based on the low price. SMMA2 is based on the high price. SMMA3 is based on the close price. The script generates buy and sell signals based on the position of price relative to these moving averages and certain candlestick patterns: