Hull ZigZag

A simple indicator I use to filter out noise. it tracks reversals of a Hull Moving Average, which ultimately highlights short term trends and potential chart patterns. I've also included an option to project the most recent trend forward, if that is something you would like to tinker with.

Phát hành các Ghi chú

Added a second trendline to indicate if price trend is accelerating or decelerating. The gray line will follow the colored one, the angle between the lines is indicative of the change in momentum.

- if GREEN line is above (RED below) the gray, the trend is parabolic.
- if GREEN line (or RED) is near gray, the trend is linear.
- if GREEN line is below (RED above) the gray, the trend is consolidating.

Phát hành các Ghi chú

Added max_bars_back to weed out a bug that causes intermittent errors upon loading.

Phát hành các Ghi chú

just to update picture

Mã nguồn mở

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.

djsnowman06

Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.

Mã nguồn mở

For quick access on a chart, add this script to your favorites — learn more here.

djsnowman06