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F.B_Double Hull Moving Average Trend Tracker

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

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