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Rainbow Collection - Violet

Moving averages come in all shapes and types. The most basic type is the simple moving average which is simply the sum divided by the quantity. Therefore, the simple moving average is the sum of the values divided by their number.
In technical analysis, you generally use moving averages to understand the underlying trend and to find trading signals. In the case of the Violet indicator, we are using a Hull moving average which is a special variation based on different weights to minimize lag.
The Violet indicator is therefore used as follows:
* A bullish signal is generated whenever the close price surpasses the 20-period Hull moving average while the previous close prices from [1, 2, 3, 5, 8, 13, 21] periods were all below their respective Hull moving average of the period.
*A bearish signal is generated whenever the close price breaks the 20-period Hull moving average while the previous close prices from [1, 2, 3, 5, 8, 13, 21] periods were all above their respective Hull moving average of the period.
The aim of the Violet indicator is to capture reversals as early as possible through a combination of lagged conditions based on the Fibonacci sequence.
In technical analysis, you generally use moving averages to understand the underlying trend and to find trading signals. In the case of the Violet indicator, we are using a Hull moving average which is a special variation based on different weights to minimize lag.
The Violet indicator is therefore used as follows:
* A bullish signal is generated whenever the close price surpasses the 20-period Hull moving average while the previous close prices from [1, 2, 3, 5, 8, 13, 21] periods were all below their respective Hull moving average of the period.
*A bearish signal is generated whenever the close price breaks the 20-period Hull moving average while the previous close prices from [1, 2, 3, 5, 8, 13, 21] periods were all above their respective Hull moving average of the period.
The aim of the Violet indicator is to capture reversals as early as possible through a combination of lagged conditions based on the Fibonacci sequence.
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開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。