SMA Pine Script: Calculate and Plot Moving Averages Easily
The Simple Moving Average (SMA) is a fundamental concept in technical analysis, widely used by traders to smooth out price data and identify trends over a specified period. In the context of Pine Script, TradingView's unique scripting language, the SMA can be easily calculated and plotted on charts, making it an essential tool for traders. This article will delve into the intricacies of implementing SMA in Pine Script, covering everything from basic syntax to advanced strategies.