Indicator · Pine Script v4 · On the chart

Hull Trend with Kahlman

by capissimo

This indicator plots two Hull moving average variants on the price chart and colors them by which line is above the other.

View on GitHub

Repaints

GitHub stars114on the repository
Pine versionv4older, still runs
Lines of code35
Settings5inputs
LicenceNone stated
Last update1 year ago7 Nov 2024

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 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

When the Kahlman option is on, both averages pass through a simple Kahlman-style smoother controlled by the gain setting. Optional labels mark crosses of the two lines with B and S. The source and lookback change the averages. The labels use a one-bar negative offset, so they appear on the prior bar after the cross is known. It does not place trades or set exits.

Details

Published by

capissimo on GitHub

Type

Indicator, Pine Script v4

Draws

On the price chart

Category

Trend, Moving averages

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

  • Signals can change on the live bar or after it closes (repainting)

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Price Datasourcehl2src
Lookbackint24length
Show cross over/underbooltrueshowcross
Gainint10000gain
Use Kahlmanbooltruek
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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