@ldrick/trade-indicators/dist/averages/smma.js

Trade Indicators

import { Big } from 'big.js';
import { apply as AP, either as E, function as F } from 'fp-ts';
import * as array from '../utils/array.js';
import * as number_ from '../utils/number.js';
import { dma } from './dma.js';
const getFactor = (period) => F.pipe(period, number_.toBig, E.map((periodB) => new Big(1).div(periodB)));
/**
 * SMMA without checks and conversion.
 * @internal
 */
export const smmaC = (values, period) => F.pipe(period, getFactor, E.map((factorB) => dma(values, period, factorB)));
/**
 * The Smoothed Moving Average (SMMA) is like the Exponential Moving Average (EMA),
 * with just a “smoother” factor. It can be used to identify support and resistance levels.
 * Also prices above the SMMA can indicate uptrends, prices below can indicate downtrends.
 * @public
 */
export const smma = (values, period = 20) => F.pipe(AP.sequenceS(E.Applicative)({
    periodV: number_.validatePositiveInteger(period),
    valuesV: array.validateRequiredSize(period)(values),
}), E.bind('valuesB', ({ valuesV }) => array.toBig(valuesV)), E.chain(({ periodV, valuesB }) => smmaC(valuesB, periodV)), E.map(array.toNumber));