This script utilizes three modules: - Trendlines module (by Joris Duyck), - Winsorizing submodule and - HMA-Kahlman Trend module. The Trendlines module produces crossovers predictive of the next local trend. The Winsorizing (clipping) submodule filters signals by a volume level, eliminating the ones with the volume below a threshold. The last feature obviously does not work with the assets not supporing Volume, so set the Winsorizing submodule to false. The Winsorizing and Trendlines modules can be turned off.
Hlo sir..i am backtesting this script for binary options..results are nice..
I have a doubt..is it repaint..or any kind of lag in real time..?? ...plzz reply me
thedaddy786
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It is a shame that the actual trade is alerted on close of the bar after the signal on the graph. So if applied to the 1 hr chart you get the trade alert an hour later than you think you get it. Just another repainting indicator made to look like the holy grail it seems. If this can be fixed, then this truly would be amazing!
Thank you for this wonderful indicator. I have sharpened the HMA settings, and removed the labels, as the trend-lines are exacting what I was looking for. I use other indicator/overlay alerts to confirm reversals.
dilace
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nice work! i
Kirk65
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Any chance to script alerts in to it... :-)
capissimo
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@Kirk65, alerting is standard. Just add these 2 lines at the end:
alertcondition(crossup, title='Buy', message='go long') // long
alertcondition(crossdn, title='Sell', message='go short') // short
Kirk65
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@capissimo, Thanks, already did :-) I am getting better scripting but takes time to learn :-)
Hi. whent through the Study. Its a lot better with the clipping function. However i stil think if a average volume script would be worthy. With the clipping its almost impossible to adjust bad trades away. :-)
I have a doubt..is it repaint..or any kind of lag in real time..?? ...plzz reply me