The Hamming Moving Average is a custom script I made to attempt to create a moving average using Ehler's Hamming Window Indicator. Let me stress that this is extremely experimental considering the original indicator works by creating a sine wave by adjusting the Pedestal value. Change the Pedestal value to anything 5 or higher and you will see what I mean. I think this is a fun experiment so let me know what you think. I have included strong buy and sell signals in addition to normal ones so strong signals are darker in color and normal signals are lighter in color. Buy when the line turns green and sell when it turns red.
Let me know if there are any other indicators or scripts you would like to see me publish!
Hi, what is different to the "Ehlers Hann Moving Average [CC]" script you published a few days ago? I am curious 🤔
Thank you 🙏
cheatcountry
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@Indicator-Jones, The Ehlers Hann Moving Average is similar in that is a custom weighted moving average type formula but it uses a completely different calculation to do the smoothing.
Indicator-Jones
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@cheatcountry, Thank you 🙏 sooo many Ehler indicators 😱🤯 which one do you use on a daily basis?