OPEN-SOURCE SCRIPT
Extreme HMA ATR Bands

Extreme HMA ATR Bands
Extreme HMA ATR Bands are a fast and smooth trend-following tool designed to capture directional moves while minimizing false signals across volatile markets.
🚀 Benefits
• High responsiveness to market moves
• Smooth trend tracking with fewer false signals
• Strong performance on assets such as SOLUSD, SUIUSD, and CROUSD
• Clear visual band structure for easier market interpretation
💡 Core Idea
The indicator builds adaptive bands around a smoothed price structure derived from Hull-type processing. By focusing on extreme values and combining them into a balanced midpoint, the bands capture trend direction while maintaining smooth behavior.
ATR is then applied to dynamically scale the bands according to market volatility.
⚙️ How It Works
A fast-smoothed price series is calculated using Hull-style logic.
Highest and lowest values of this series are measured over multiple stages.
These extremes are processed again to balance responsiveness and smoothness.
The resulting midpoint forms the base trend line.
ATR is added and subtracted from this midpoint to generate adaptive upper and lower bands.
The result is a fast yet stable band structure that reacts efficiently to market direction changes.
📌 Usage Notes
• Price moving above the upper band suggests bullish pressure.
• Price moving below the lower band suggests bearish pressure.
• Band expansion signals increasing volatility.
• Band contraction often indicates consolidation phases.
Enjoy and trade smart.
Extreme HMA ATR Bands are a fast and smooth trend-following tool designed to capture directional moves while minimizing false signals across volatile markets.
🚀 Benefits
• High responsiveness to market moves
• Smooth trend tracking with fewer false signals
• Strong performance on assets such as SOLUSD, SUIUSD, and CROUSD
• Clear visual band structure for easier market interpretation
💡 Core Idea
The indicator builds adaptive bands around a smoothed price structure derived from Hull-type processing. By focusing on extreme values and combining them into a balanced midpoint, the bands capture trend direction while maintaining smooth behavior.
ATR is then applied to dynamically scale the bands according to market volatility.
⚙️ How It Works
A fast-smoothed price series is calculated using Hull-style logic.
Highest and lowest values of this series are measured over multiple stages.
These extremes are processed again to balance responsiveness and smoothness.
The resulting midpoint forms the base trend line.
ATR is added and subtracted from this midpoint to generate adaptive upper and lower bands.
The result is a fast yet stable band structure that reacts efficiently to market direction changes.
📌 Usage Notes
• Price moving above the upper band suggests bullish pressure.
• Price moving below the lower band suggests bearish pressure.
• Band expansion signals increasing volatility.
• Band contraction often indicates consolidation phases.
Enjoy and trade smart.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
"Better to take a step back, than to stand stuck forever."
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
"Better to take a step back, than to stand stuck forever."
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.