The HMA sweete indicator computes multiple variants of the Hull Moving Average including standard HMA THMA EHMA and custom z- versions with added momentum.
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
Users can select the source series MA type length multiplier and history bars for up to three MAs. It plots these moving averages on the price chart and applies a color spectrum to represent different slope levels or conditions with adjustable fill transparency. The settings primarily alter the length and type of the moving averages used in the calculation.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
HMA Source
source
close
src_hull
MA1 Type
string
Hma
ma1_mode
MA1 Length
float
25.0
length_hull1
MA1 Length Multiplier
float
1.0
lengthMult1
History Bars
int
6
hist
Enable MA2?
bool
false
ma2_enabled
MA2 Type
string
Thma
ma2_mode
MA2 Length
float
27.5
length_hull2
MA2 Length Multiplier
float
1.0
lengthMult2
History Bars
int
2
hist2
Enable MA3?
bool
false
ma3_enabled
MA3 Type
string
Ehma
ma3_mode
Show all 40 settings
Setting
Type
Default
Variable
MA3 Length
float
55
length_hull3
MA3 Length Multiplier
float
1.0
lengthMult3
History Bars
int
2
hist3
Fill Transparency
int
25
fill_transparency
zhma
int
21
hmalen
zrma
int
21
rmalen
zwma
int
21
ehmalen
vwma
int
21
thmalen
zema
int
21
smalen
zsma
int
21
emalen
n
int
1
n
Light Pink - Downslope Bottom
color
#ff79ff
c1
Bright Magenta - Downslope Mid
color
#e600ff
c2
Deep Magenta - Downslope High
color
color.rgb(157, 20, 136)
c3
Purple Magenta - Downslope Alt
color
color.rgb(126, 55, 207)
c7
Mauve - Downslope Low
color
color.rgb(141, 71, 109)
c5
Purple - Downslope Mid
color
color.rgb(155, 74, 192)
c6
Dark Red - Downslope Extreme
color
color.rgb(111, 0, 17)
c4
Light Blue - Upslope Low
color
#7eadf3
c8
Sky Blue - Upslope Mid
color
color.rgb(81, 200, 255)
c9
Bright Blue - Upslope High
color
#009dff
ca
Deep Cyan - Upslope Alt
color
color.rgb(31, 148, 178)
cf
Dark Green - Upslope Low
color
#237400
cb
Mid Green - Upslope Mid
color
#6bbc49
cc
Teal Green - Upslope High
color
#1ba071
cd
Bright Cyan - Upslope Extreme
color
color.rgb(42, 255, 198)
ce
Ocean - Up Bottom
color
#0d4f5c
ocean_up_bottom
Ocean - Up Top
color
#00d4ff
ocean_up_top
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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