This Pine Script indicator is designed to provide traders with a visual representation of trade volume, moving average (MA) angle, and price velocity on a chart. The primary components of this indicator are: Trade Volume: The indicator compares the current bar's trade volume with the average volume over a user-defined lookback period. The volume is displayed as...
---------- ENGLISH DESCRIPTION ---------- The indicator created is called "KST with HMA" and is used to measure the impulse of an asset's price. The code begins by defining four variables representing ROC (Rate of Change) period lengths for calculating the KST (Know Sure Thing) and a variable for the length of the HMA (Hull Moving Average). Next, an HMA...
This amazing oscillator displays the difference between the hull average calculated on the close of the candles and the one calculated between the average of the highs and lows. This allows the user to identify the pressure of the closing price over the average, useful to identify trends, divergences, and reversals. This indicator also has two dynamic overbought...
Smart QQE - Chart Overlay Smart QQE shows QQE Trend and RSI plot on chart to determine the trend direction and eliminate false signals. QQE is obtained from original code by Glaz and rescaled to fit on chart. RSI 50 level acts as Zero which is plotted as a Bollinger on chart. This is not a Bollinger band . its an RSI channel with levels 0-100 plotted around the...
This oscillator comprehends two different indicators: - The first one is a MACD but calculated using the Hull Moving Average. - The second one is to show the direction in which the Hull Moving Average is going. Notice that in the first indicator, the histogram is colored as follows: - If the volume pressure (difference between the volume-weighted moving average...
Arron Meter With Alerts is an indicator to identify the trend, and a meter shows the percentage of AroonUP and AroonDown. Alert Settings It will be part of a display of bullish and bearish signals by using the condition of the upper line cross lower line and HMA 200 cross under/over EMA 12, and also upper/lower line must be higher than 70%
This is part of a new series we are calling "Strategy Myth-Busting" where we take open public manual trading strategies and automate them. The goal is to not only validate the authenticity of the claims but to provide an automated version for traders who wish to trade autonomously. Our 9th one is an automated version of the "I Tested The Best 1 Minute Scalping...
This is part of a new series we are calling "Strategy Myth-Busting" where we take open public manual trading strategies and automate them. The goal is to not only validate the authenticity of the claims but to provide an automated version for traders who wish to trade autonomously. Our fourth one we are automating is one of the strategies from "I Found The Best 1...
Plots the first time the close price is above or below the colored portion of the chosen MA. The MA's formula is from TradeStation's indicator: "Colored Moving Averages Can Help You Spot Trends" . I modified that indicator with customizations that include: Buy and Sell signals. Each time the current bar closes above the MA, while it's red (bearish), there's a...
🎲 Overview 🎯 This BOS(Break Of Structure) indicator build based on different MA such as EMA/RMA/HMA, it's usually earlier than pivothigh() method when trend beginning, customer your BOS with 2 parameters now. 🎲 Indicator design logic 🎯 The logic is simple and code looks complex, I‘ll explain core logic but not code details. 1. use close-in EMA's...
TLDR: This is a long only trend following system that uses highest and lowest values of three trend following indicators to form a "cloud". Enter when the candle high crosses above the highest band. Close if the low or close crosses below the lowest band. 3 indicators 1. Kaufman Adaptive moving Average - set at 20 2. Hull Moving Average (of the Kaufman Adaptive...
🎲 Overview 🎯 This Zigzag indicator build based on different MA such as EMA/HMA/RMA/SMA, support multi-timeframe setting . you can get customer zigzag indicator by change short/long ma length and high-timeframe config(5m/15m/30m/1h/2h) in any symbol. 🎲 Indicator design logic 🎯 entired logic is simple and code looks complex, I‘ll explain core logic here, code...
Title: "Volume Weighted Hull Moving Average Bollinger Bands Indicator for TradingView" Abstract: This script presents a TradingView indicator that displays Bollinger Bands based on the volume weighted Hull Moving Average (VEHMA) of a financial asset. The VEHMA is a technical analysis tool that combines the reduced lag of the Hull Moving Average (HMA) with volume...
Hi All, This is a very simple indicator which provides the buy signal, when the moving average lines turns Green and sell signal, when the moving average signal turns red. This can be used for both intraday and scalping method with different timeframes. But best time frame is 5 minutes. Buy Signal >>> Line turns GREEN (Use trailing SL to cover maximum...
Hello! This is simply HMA calculated with EMA's instead of WMA! I have added alerts for the direction of the average. Heres a recap the traditional HMA: The Hull Moving Average ( HMA ) attempts to minimize the lag of a traditional moving average while retaining the smoothness of the moving average line. Developed by Alan Hull in 2005, this indicator makes use of...
#20 on the Myth-Busting bench, we are automating the " I Found Super Easy 1 Minute Scalping System And Backtest It 100 Times " strategy from " Jessy Trading " who claims 30.58% net profit over 100 trades in a couple of weeks with a 51% win rate and profit factor of 1.56 on EURUSD . This one surprised us quite a bit. Despite the title of this strategy indicating...
A Hull Moving Average (HMA) slope oscillator. It uses a HMA slope to identify up/down trends. Usage is simple: adjust the HMA and signal length according to your needs. Long orders start when the bar changes from under (the zero line) to over the zero line. You can also spot "early" long entries when the bar moves close to the zero line. Short orders should be...
This indicator was originally made to help users following along with one of our strategies that we call The Outback (hence the name). One of the component indicators of that strategy is an RSI with a Hull Moving Average added on top of the RSI as an additional reference for the momentum of the RSI. Many people either had difficulty setting this up correctly,...