Hull MA Crossover Band

semalam

//version=5
indicator("Hull MA Crossover Band", overlay=true)

// Inputs
src = input.source(close, title="Source")
length = input.int(55, title="Hull MA Length")
smoothing = input.int(3, title="Smoothing Length") // Additional smoothing to narrow bandwidth

// Function: Hull Moving Average (HMA) Calculation
HMA(_src, _length) =>
ta.wma(2 * ta.wma(_src, _length / 2) - ta.wma(_src, _length), math.round(math.sqrt(_length)))

// Calculate Hull MA with additional smoothing
hullMA = HMA(src, length)
smoothedHullMA = ta.sma(hullMA, smoothing) // Applying extra smoothing for stability

// Define color based on position of candle relative to the Hull MA
hullColor = close > smoothedHullMA ? color.green : color.red

// Plot the Hull MA band with color indicating position of price
plot(smoothedHullMA, color=hullColor, linewidth=2, title="Hull MA Band")

21 jam lalu

Nota Keluaran

//version=5
indicator("Hull MA Crossover Band with Buy/Sell Signals", overlay=true)

// Inputs
src = input.source(close, title="Source")
length = input.int(55, title="Hull MA Length")
smoothing = input.int(3, title="Smoothing Length") // Additional smoothing to narrow bandwidth

// Function: Hull Moving Average (HMA) Calculation
HMA(_src, _length) =>
ta.wma(2 * ta.wma(_src, _length / 2) - ta.wma(_src, _length), math.round(math.sqrt(_length)))

// Calculate Hull MA with additional smoothing
hullMA = HMA(src, length)
smoothedHullMA = ta.sma(hullMA, smoothing) // Applying extra smoothing for stability

// Define color based on position of candle relative to the Hull MA
hullColor = close > smoothedHullMA ? color.green : color.red

// Plot the Hull MA band with color indicating position of price
plot(smoothedHullMA, color=hullColor, linewidth=2, title="Hull MA Band")

// Buy and Sell Signal Conditions
buyCondition = ta.crossover(hl2, smoothedHullMA) // Buy when Heikin Ashi midpoint crosses above smoothed HMA
sellCondition = ta.crossunder(hl2, smoothedHullMA) // Sell when Heikin Ashi midpoint crosses below smoothed HMA

// Plot Buy and Sell Labels
plotshape(series=buyCondition, location=location.belowbar, color=color.green, style=shape.labelup, text="BUY", title="Buy Signal")
plotshape(series=sellCondition, location=location.abovebar, color=color.red, style=shape.labeldown, text="SELL", title="Sell Signal")

// Alerts for Buy and Sell Signals
alertcondition(buyCondition, title="Buy Alert", message="Buy Signal: Hull MA Crossover")
alertcondition(sellCondition, title="Sell Alert", message="Sell Signal: Hull MA Crossover")