PROTECTED SOURCE SCRIPT

Dami's HMA Strategy

30
"Dami's HMA Strategy: Dynamic Crossover with Momentum Filter"

Key Points to Include:
Foundation: The strategy is based on the Hull Moving Average (HMA), noted for its speed and reduced lag, making it ideal for identifying trend inflection points early.

Enhanced Logic: Unlike a simple moving average crossover, this strategy incorporates a momentum filter. A signal is only triggered if the HMA crossover coincides with a candle moving in the direction of the new trend (bullish candle for Long, bearish candle for Short). This aims to confirm the impulse and avoid false entries during consolidation periods or 'weak' crossovers.

100% Market Coverage System: It is a continuous reversal system. Every new signal (Long or Short) closes the opposite position, ensuring the trader is always positioned in the direction indicated by the HMA.

Complementary Visualization: It includes the 8-Period High/Low Bands (Dami's Bands) to provide visual context of the recent price range, although they do not affect trading orders.

Adjustment and Optimization: The HMA length (hma_len=9 by default) is the key parameter to optimize based on the specific pair and timeframe. Higher values will generate fewer signals and be slower, while lower values (like the current 9) make it more sensitive.

Penafian

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.