OPEN-SOURCE SCRIPT
Correlated ATR MA | Adulari
Atualizado
How do I use it?
Features:
How does it work?
1 — ATR value is calculated, then the correlation between the source and ATR is calculated.
2 — Signal value is calculated from the difference between the previous source and ATR values.
3 — Final value is being calculated using the following formula:
4 — Moving average is calculated by getting the average of 3 values: a normal HMA, HMA plus final value, and HMA minus final value.
- Never use this indicator as standalone trading signal, it should be used as confluence.
- When the price is above the moving average this shows the bullish trend is strong.
- When the price is below the moving average this shows the bearish trend is strong.
- When the moving average is purple, the trend is bullish, when it is gray, the trend is bearish.
Features:
- Purple line for bullish trend and gray line for bearish trend.
- Custom formula combining an ATR and Hull MA to clearly indicate trend strength and direction.
- Unique approach to moving averages by taking the average of 3 types of MA's combined with custom ATR's.
How does it work?
1 — ATR value is calculated, then the correlation between the source and ATR is calculated.
2 — Signal value is calculated from the difference between the previous source and ATR values.
3 — Final value is being calculated using the following formula:
4 — Moving average is calculated by getting the average of 3 values: a normal HMA, HMA plus final value, and HMA minus final value.
Notas de Lançamento
- Removed unnecessary old code.
- Fixed some minor issues with the calculations.
Notas de Lançamento
- Fixed correlation calculations.
- Added weight option.
Notas de Lançamento
- Changed weight default value.
Notas de Lançamento
- Added a time adaptive option which will make sure the MA is useable on lower timeframes.
Notas de Lançamento
- Fixed time adaptive calculations for higher timeframes.
Script de código aberto
No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.