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Smoothed Moving Average (SMMA)

The Smoothed Moving Average (SMMA) is similar to the Simple Moving Average (SMA), in that it aims to reduce noise rather than reduce lag. The indicator takes all prices into account and uses a long lookback period. Old prices are never removed from the calculation, but they have only a minimal impact on the Moving Average due to a low assigned weight. By reducing the noise it removes fluctuations and plots the prevailing trend. The SMMA can be used to confirm trends and define areas of support and resistance. It is often used in combination with other signals and analysis techniques.
fed007 fed007 EURUSD, 120,
EURUSD: eurusd 120     SMMA 67
78 0 5
EURUSD, 120
eurusd 120 SMMA 67

nice find SMMA 67

renko-charts renko-charts BUND, D, Short ,
BUND: Renko charts
931 0 2
BUND, D Short
Renko charts

New to trading renko charts.Trading on the renko 1 day chart with a SMMA 4 and MA 9 with Ricardo Santos support and resistance seem to getting quite good results.use a RSI 14 as well to give the extra confirmation.

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