Pine Script doesn't have a built-in function for SMMA, so I used a recursive calculation based on the previous SMMA value. The first value is calculated using a simple moving average (ta.sma()), and for subsequent values, the formula incorporates the previous SMMA value. 20 EMA (Exponential Moving Average):
The 20-period EMA is calculated using ta.ema(). Plotting:The script plots both the 7 SMMA (orange line) and the 20 EMA (blue line) on the chart. Buy/Sell Signals:
A buy signal is generated when the 20 EMA crosses above the 7 SMMA. A sell signal is generated when the 20 EMA crosses below the 7 SMMA. These signals are marked with green "BUY" and red "SELL" labels on the chart. How to use: Copy and paste the code into TradingView's Pine Script editor. Add the script to a chart to visualize both moving averages and the crossover signals. Let me know if you need further modifications or have other requests!