Trend Ali

13 paź

📈 Trend Ali - Advanced Hull Moving Average Indicator

🎯 Overview

This indicator is an advanced and highly customizable version of the Hull Moving Average (HMA), designed for precise trend identification and optimal entry/exit point detection in various market conditions.

✨ Key Features

🔄 Three Hull Moving Average Calculation Methods
The indicator offers three distinct calculation approaches to suit different trading styles:
1. HMA (Standard Hull Moving Average)

Ideal for most market conditions
Excellent balance between responsiveness and noise reduction
Uses WMA (Weighted Moving Average) for calculations
Best for general trend following

2. EHMA (Exponential Hull Moving Average)

Faster reaction to price changes
Perfect for volatile markets and quick scalping
Uses EMA instead of WMA for enhanced sensitivity
Recommended for aggressive trading strategies

3. THMA (Triangular Hull Moving Average)

Smoother than the standard version
Reduces false signals significantly
Optimal for higher timeframes and position trading
Provides clearer trend direction


🛠️ Advanced Settings
Length Parameter
This parameter directly affects the indicator's sensitivity and behavior:

55: Perfect for Swing Trading and identifying entry points

Catches medium-term trends
Good balance for 4H to Daily charts


180-200: Ideal for identifying floating Support/Resistance levels

Acts as dynamic S/R zones
Excellent for position trading
Reduces market noise significantly


Shorter Length = Faster response but more noise
Longer Length = Stronger signals but with more lag

Length Multiplier

View higher timeframe trends without changing your chart
Default value of 6.0 provides macro trend analysis
Increasing this value smooths the line further
Useful for multi-timeframe analysis on a single chart
Creates "straight band" effect for clearer trend visualization

Higher Timeframe Analysis

Display Hull MA from any higher timeframe
Extremely useful for scalping while maintaining trend awareness
Default: 240 minutes (4-hour chart)
Helps avoid counter-trend trades
Provides context for lower timeframe decisions


🎨 Intelligent Color System
The indicator automatically adjusts colors based on trend direction:

🟢 Green: Uptrend (price moving above previous levels)

Indicates bullish momentum
Consider long positions


🔴 Red: Downtrend (price moving below previous levels)

Indicates bearish momentum
Consider short positions or exit longs


🟠 Orange: Neutral (when color coding is disabled)

For traders who prefer monochrome display




📊 How to Use
For Swing Trading (Length: 55)

Wait for color change from red to green for long entries
Wait for color change from green to red for short entries or exits
Use price action confirmation at the Hull MA line
The line acts as dynamic support/resistance

For Support/Resistance (Length: 180-200)

The Hull MA acts as a floating S/R zone
Price bouncing off the line indicates strong trend
Price crossing the line signals potential trend reversal
Use for position sizing and stop loss placement

For Scalping (with Higher Timeframe)

Enable "Show Hull MA from X timeframe"
Select 240 (4H) or higher timeframe
Only take trades in direction of higher timeframe trend
Use lower timeframe for precise entries
Higher timeframe Hull MA keeps you on the right side

Multi-Timeframe Strategy

Use Length Multiplier to see macro trend
Keep your chart on preferred timeframe
Align trades with the smoothed trend direction
Enter on pullbacks to the Hull MA line


🔍 Technical Details
Why Hull Moving Average?
Traditional moving averages face a tradeoff between lag and noise. Hull Moving Average solves this by:

Using weighted calculations for faster response
Applying square root of length for optimal smoothing
Eliminating lag while maintaining smoothness

Calculation Method
The indicator uses sophisticated algorithms:

HMA: Combines multiple WMAs with square root period
EHMA: Applies exponential smoothing for speed
THMA: Uses triangular weighting for stability

RSI Source Input

Allows using any price source (Close, Open, HL2, etc.)
Default: Close price
Experiment with different sources for unique insights


⚙️ Recommended Settings
Day Trading

Mode: EHMA
Length: 55
Length Multiplier: 3-4
Color: Enabled

Swing Trading

Mode: HMA
Length: 55
Length Multiplier: 6
Color: Enabled

Position Trading

Mode: THMA
Length: 180-200
Length Multiplier: 8-10
Color: Enabled

Scalping

Mode: HMA or EHMA
Length: 55
Higher Timeframe: Enabled (240 or higher)
Color: Enabled


💡 Pro Tips

Trend Confirmation: Wait for 2-3 candles to confirm color change before entering
Divergence: Watch for price/Hull MA divergence for reversal signals
Volume: Combine with volume analysis for stronger signals
Multiple Instances: Add indicator twice with different settings for multi-timeframe view
Backtesting: Test different Length values for your specific asset and timeframe
Risk Management: Use Hull MA distance for stop loss placement


⚠️ Important Notes

No indicator is 100% accurate - always use risk management
Best used in combination with price action and other technical analysis
Different markets may require different settings
Backtest thoroughly before live trading
Consider market volatility when adjusting parameters

21 paź

Informacje o Wersji

Trend Ali v2 - Advanced Trend Following System
Overview:
Trend Ali v2 is a sophisticated trend-following indicator that combines adaptive filtering techniques with momentum-based moving averages to identify high-probability trading opportunities. This system uses a dual-confirmation approach to filter out false signals and provide reliable entry and exit points.
How It Works:
The indicator employs two complementary analytical methods:

Primary Trend Filter:
A weighted moving average calculation using a recursive smoothing technique that reduces lag while maintaining accuracy. This component calculates weighted averages of price data multiple times and combines them using a square root transformation to create a responsive trend line. The trend direction is determined by comparing current values with historical data points.
Adaptive Signal Generator:
An advanced mathematical filter based on estimation theory that continuously adjusts to market conditions. This system uses:


Prediction Model: Estimates the next price movement based on previous calculations
Error Correction: Compares actual prices with predictions and adjusts accordingly
Adaptive Gain: Automatically calibrates sensitivity based on market volatility
Dual Timeframe Analysis: Uses both short-term (10 periods) and long-term (100 periods) calculations to identify trend changes

Signal Generation:
The indicator generates BUY and SELL signals only when both systems agree:

BUY Signal: Appears when the short-term adaptive filter crosses above the long-term filter AND the primary trend filter confirms upward momentum
SELL Signal: Triggers when the short-term filter crosses below the long-term filter AND the primary trend filter confirms downward momentum

This dual-confirmation approach significantly reduces false signals and whipsaws.
Visual Features:

Color-coded trend line (Green for uptrend, Red for downtrend)
Clear BUY/SELL labels positioned away from price action for better visibility
Customizable colors for signals
Clean, minimalist design

Customization Options:

Toggle signals on/off
Adjust short-term sensitivity (default: 10)
Adjust long-term sensitivity (default: 100)
Customize signal colors

Best Used For:

Swing trading on higher timeframes (4H, Daily)
Trend confirmation
Entry timing optimization
Avoiding counter-trend trades

Note: This indicator works best in trending markets. During consolidation periods, it's recommended to wait for confirmed breakouts before acting on signals.