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Triple HMA Bands (1.2 / 1.4 / 1.6)
📈 Triple HMA Bands — Custom Volatility & Trend Indicator
Description:
The Triple HMA Bands indicator combines the Hull Moving Average (HMA) with volatility-based envelopes, similar to Bollinger Bands, to visualize trend direction and market extremes.
The HMA (length 90) serves as the central trend line, offering a smooth and responsive view of market direction.
Surrounding the HMA are three dynamic bands calculated using standard deviations of price:
Inner Band (1.2σ) — normal volatility range.
Middle Band (1.4σ) — elevated volatility zone.
Outer Band (1.6σ) — statistically extreme price movement.
The shaded zones between the bands help visualize volatility expansion and contraction, making it easier to identify:
Trend strength and stability
Potential reversal zones
Breakout or breakdown events
How to Use:
Price staying within the inner band may indicate a stable trend or consolidation.
Price reaching or exceeding the outer band suggests overbought/oversold conditions and potential reversal.
Widening bands = rising volatility; narrowing bands = low volatility, often before a breakout.
This indicator is ideal for trend traders, mean reversion strategies, or anyone wanting a volatility-sensitive trend filter.
Description:
The Triple HMA Bands indicator combines the Hull Moving Average (HMA) with volatility-based envelopes, similar to Bollinger Bands, to visualize trend direction and market extremes.
The HMA (length 90) serves as the central trend line, offering a smooth and responsive view of market direction.
Surrounding the HMA are three dynamic bands calculated using standard deviations of price:
Inner Band (1.2σ) — normal volatility range.
Middle Band (1.4σ) — elevated volatility zone.
Outer Band (1.6σ) — statistically extreme price movement.
The shaded zones between the bands help visualize volatility expansion and contraction, making it easier to identify:
Trend strength and stability
Potential reversal zones
Breakout or breakdown events
How to Use:
Price staying within the inner band may indicate a stable trend or consolidation.
Price reaching or exceeding the outer band suggests overbought/oversold conditions and potential reversal.
Widening bands = rising volatility; narrowing bands = low volatility, often before a breakout.
This indicator is ideal for trend traders, mean reversion strategies, or anyone wanting a volatility-sensitive trend filter.
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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。