OPEN-SOURCE SCRIPT
Fixed TimeFrame SMMA
A script for SMMA calculated on fixed timeframe, different from the main chart's timeframe.
As it's known, we can't use mutable variables with security. At the same time, SMMA references to the previous values. So it's impossible to create SMMA on different timeframe, just passing a variable with SMMA to security.
To overcome this restriction, we should use a function, which calculates SMMA and we are passing the function to the security, so the function will be calculated on required timeframe.
As it's known, we can't use mutable variables with security. At the same time, SMMA references to the previous values. So it's impossible to create SMMA on different timeframe, just passing a variable with SMMA to security.
To overcome this restriction, we should use a function, which calculates SMMA and we are passing the function to the security, so the function will be calculated on required timeframe.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.