F.B_Double Hull Moving Average Trend Tracker

6 thg 5, 2024

The F.B_Double Hull Moving Average Trend Tracker indicator is designed to identify market trends and is based on two Hull Moving Averages.

The "Hull Moving Average" (HMA) is a fast and smooth moving average that exhibits a rather unique behavior. The HMA attempts to completely remove lag while simultaneously presenting smoother results.

The first derivative is calculated for each HMA 1 and HMA 2.

If HMA 1 derivative > 0 and HMA 2 derivative > 0, then color the HMA lines and bar color green.

If HMA 1 derivative < 0 and HMA 2 derivative < 0, then color the HMA lines and bar color red.

If the slope of the derivative is different between HMA 1 and HMA 2, then color the HMA lines and bar color gray.


Meaning of colors:

Green ⇒ Uptrend

Gray ⇒ Price consolidation, trend weakness, or correction

Red ⇒ Downtrend


Best used in conjunction with additional indicators.

29 thg 3

Phát hành các Ghi chú

Name: [F.B]_Double HMATT to [F.B]_DHMA