OPEN-SOURCE SCRIPT
Hull MACD
MACD constructed using Hull MA and triangular MA.
HMA overshoots while TMA lags, producing an interesting MACD even when the two MAs have the same period.
Coloring shows tops, bots, and inflections.
HMA overshoots while TMA lags, producing an interesting MACD even when the two MAs have the same period.
Coloring shows tops, bots, and inflections.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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