^{ISmoothedMovAvgFunction
Hierarchy}

<sup>Type Library
TeeChartx

Description
The Smoothed Moving Average (SMMA) gives the recent prices an equal weighting to the historic ones. The calculation does not refer to a fixed</sup>

^{period, but rather takes all available data series into account. This is achieved by subtracting yesterday's SMMA from today's price. Adding this}

^{result to yesterday's SMMA, results in today's SMMA.}

^{The SMMA is more reactive to trend changes than the Simple Moving Average (SMA).}