This indicator plots two Hull moving averages on the price chart, one of the selected price and one of close, and optionally smooths both with a Kahlman filter.
1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
HMA-Kahlman Trend, Clipping & Trendlines fills the space between them and marks buy and sell labels when they cross, provided scaled volume exceeds a clipping threshold. Optional pivot trendlines extend dotted rising or falling slopes to the right. Users can disable the Kahlman filter, volume filter, labels, one-bar label offset, or trendlines. Volume filtering does not apply to symbols without volume.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Price Data
source
hl2
price
===HMA-Kahlman Trend Module===
bool
true
hkmod
Lookback Window
int
22
length
Use Kahlman?
bool
true
k
Gain
float
.7
gain
Show Labels?
bool
true
labels
Use Offset?
bool
true
o
===Winsorizing Module===
bool
true
wsmod
Clipping Threshold
float
.5
clp
Clipping Lookback Window
int
5
p
===Trendlines Module===
bool
true
tlmod
Pivots Lookback Window
int
2
l1
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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