OPEN-SOURCE SCRIPT
HMA Comparison Plot
https://www.tradingview.com/chart/OsBXckpZ/
I use this on any time frame and it should work fine on the price action of any instrument. Since there is more information in longer time frames I give them more weight.
The four rows of circles / dots (1 column of 4 for each bar) show the relationship between 5 Hull moving averages. The top dot compares the variable "len" wihout quotes ("Length" input, the fastest moving average) with len1 (the next moving average - the next four beginning with this are longer than the previous by the "Sequential Spacing . ." input) if the fastest is above the next the top dot is green else it is red. The next 3 dots compare the rest of the 5.
It works well to confirm other indicators and using Hull moving averages minimizes lag.
Like all indicators it tells very well the past so while using them to firm expectations I place my trades knowing the odds are very near 50/50 on the direction of the next bar.
Have fun and good luck with this and Keep smiling! Tom1trader
I use this on any time frame and it should work fine on the price action of any instrument. Since there is more information in longer time frames I give them more weight.
The four rows of circles / dots (1 column of 4 for each bar) show the relationship between 5 Hull moving averages. The top dot compares the variable "len" wihout quotes ("Length" input, the fastest moving average) with len1 (the next moving average - the next four beginning with this are longer than the previous by the "Sequential Spacing . ." input) if the fastest is above the next the top dot is green else it is red. The next 3 dots compare the rest of the 5.
It works well to confirm other indicators and using Hull moving averages minimizes lag.
Like all indicators it tells very well the past so while using them to firm expectations I place my trades knowing the odds are very near 50/50 on the direction of the next bar.
Have fun and good luck with this and Keep smiling! Tom1trader
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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。