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...
This is a MTF HUD built around Chartguy Dan's trading style of 12/26 EMAs and RSI levels from multiple time frames. The HUD is configurable, allowing you to change the time frame of RSI levels and EMAs. The EMAs can be displayed at their current price or a percentage distance away. The HUD values will change color.
An exponential moving average ( EMA ) is a type of moving average (MA) that places a greater weight and significance on the most recent data points. The exponential moving average is also referred to as the exponentially weighted moving average . An exponentially weighted moving average reacts more significantly to recent price changes than a simple moving average...
The Smart Disparity Index (SDI) is an optimized version of the Disparity Index indicator invented by Steve Nison (book "Beyond Candlesticks"). According to Steve Nison, "The disparity index (or disparity ratio), compares, as a percentage, the latest close to a chosen moving average", which means that the indicator gives the difference in % between the closing...
Moving Average Based Zig Zag differs from the traditional Zig Zag indicator in that pivot points are determined by a moving average, Volume Weighted Hull Moving Average, rather than looking for the highest or lowest point in a left / right period. Settings Source: the source for the pivot points. Moving Average Length: the length of the Volume Weighted Hull...
Similar to my last script, although this one uses the RSI value of (highest high - price) / (price - lowest low) to feed into the the logic creating the dynamic length. Choose how the length curve works by selecting either Incline, Decline, Peak or Trough. Lastly select the moving average type to filter the result through to smoothen things out a bit to find...
This script has been distributed for learning purposes. A particular kind of price envelope is "Bollinger Bands" indicator. Upper and lower price range levels are determined by price envelopes. By default, Bollinger Bands are plotted in Tradingview as envelopes at a standard deviation level above and below the price's simple moving average (SMA). I attempted to...
Repost with explanation and description: This is a simple SMA based indicator that I have, for lack of a better term, called directional sentiment line. How it works: The ribbon/band: The main band tracks 4 SMAs, the Open, High, Low and Close. The user can input the length for lookback time, I do 75 and I have it defaulted at 75, however you can do whatever...
This is a simple moving average with a rolling length that resets whenever there is an outlier in the data. I have also included volume weighting. The length represents the lookback period for the outlier detection and the "Outlier Detection" is the deviation level to trigger the detection. You can select from: price detection, volume detection, price or volume...
This script show you the distance between the close price, and EMA in the histogram. Red histogram: close price is under the EMA. Green histogram: close price is above the EMA. Default EMA value: 20.
This indicator is a part of the script I coded earlier this month. The name is to surprise one of our discord member. I will publish that indicator in a few days as well, but publishing this as a gesture of giving back to the community. Indicator has: 10 Moving Averages Adjustable Color, Opacity and Size etc Shows Labels for each of the MA. Can be shifted...
Introduction Heyo guys, I recently checked out some eye-catching trading strategy videos on YT and found one to test. This indicator is based on the video. Usage The recommended timeframe is 5 min. Signals Long Entry => L Label Price crosses above ZLSMA and Chandelier Exit shows Buy Long Exit => green circle Price crosses below ZLSMA Short Entry => S...
***CREDIT TO TradingView's TA Library*** (), Attempted to use "import TradingView/ta/4" to import the library, but for whatever reason some of the functions failed to work, while others had no issue, so I opted to just copy paste what I wanted to use. This moving average uses an oscillator to influence the length used during calculation. Extremely...
WELCOME to the Munich Guppy! This is a simple moving average indicator that will help you determine the trend of your chart using historical moving averages. The indicator consists of 3 EMA's and one ALMA moving average. Using these 4 moving averages I have programmed the relationship between the moving averages to color the background of your chart. If your...
The Ghost Ninja Moving Average indicator contains three ema averages. These are ema 21, ema 55 and ema 233. The values of the averages appearing on the screen are adjusted according to their own lengths. If you want, you can change the settings from the "Numbers of bars back" setting. The 1st moving average (EMA-21) will follow the price and will disappear if the...
Hello Traders ! [/bIntro : Correlation Convergance Divergance (CCD) is a statistic based trend analysis indictor that uses long run and short run correlation averages to determine the stregth of two assets linear association, and bounded average percent change to determine the underpromering reltaive assets. Rational & "Motivating Idea" : The motivating...
This is a set of 4 combined moving averages. Each moving average is a combination of an EMA, SMA, HMA, RMA, WMA and VWMA with the same length as set in your input settings. All 6 of them are added together and then divided by 6 for an average of all of them. This is based on the theory that most traders use their own preference of moving averages, so combining...
Stochastic Buy Sell with EMA Trend is combination of two indicators only. The Stochastic Oscillator ( STOCH ) is a range bound momentum oscillator. The Stochastic indicator is designed to display the location of the close compared to the high/low range over a user defined number of periods. Typically, the Stochastic Oscillator is used for three things;...