OPEN-SOURCE SCRIPT
KT HMA
Overview :
This indicator is an experiment to combine one of the volatility concepts (ATR), weighted MA and price movements to help visualize current market condition.
Red Band : ATR volatility bands with 2nd and 3rd standard deviation.
Yellow Band : Moving Average band
HMA : Green/Red >> Shows current trend. Using HMA to emphasize on recent price points rather than older one.
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Disclaimer
My Scripts/Indicators/Ideas/Systems including above ones are only for educational purposes. The information contained in the Scripts/Indicators/Ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Do not trade with capital that you can not afford to lose. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
This indicator is an experiment to combine one of the volatility concepts (ATR), weighted MA and price movements to help visualize current market condition.
Red Band : ATR volatility bands with 2nd and 3rd standard deviation.
Yellow Band : Moving Average band
HMA : Green/Red >> Shows current trend. Using HMA to emphasize on recent price points rather than older one.
-----------------
Disclaimer
My Scripts/Indicators/Ideas/Systems including above ones are only for educational purposes. The information contained in the Scripts/Indicators/Ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Do not trade with capital that you can not afford to lose. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Açık kaynak kodlu komut dosyası
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.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Açık kaynak kodlu komut dosyası
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.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.