PROTECTED SOURCE SCRIPT
HMA Trend Scalper [wjdtks255]
๐ HMA Trend Scalper V1: Ultimate Precision Strategy
1. Overview
This indicator captures immediate market trend reversals based on the high-responsiveness of the HMA (Hull Moving Average). It doesn't just show direction; it simultaneously calculates ATR-based volatility to generate optimal Take Profit (TP) and Stop Loss (SL) lines in real-time.
2. How to Trade
๐ LONG Entry:
The HMA line must be Green, and the price must be positioned above the line.
Enter when the price breaks above the high of the last 5 bars and the ๐ LONG label appears.
๐ SHORT Entry:
The HMA line must be Red, and the price must be positioned below the line.
Enter when the price breaks below the low of the last 5 bars and the ๐ SHORT label appears.
๐ฏ Exit (TP/SL):
Close the position immediately when the price touches the Aqua line (TP) or the Yellow line (SL).
3. Key Features
Smart Cleaning: By enabling the 'Hide Past Records' option, the indicator automatically removes previous labels and lines when a new signal occurs, keeping your chart clean and focused.
Real-time Tracking: TP and SL lines extend candle-by-candle as the price moves, providing superior readability for active trades.
High Visibility: Status panels like ๐ฏ TP Hit or โ ๏ธ SL Hit are generated upon trade completion, allowing you to intuitively track your trading results.
4. Recommended Settings
Sensitivity: 15 (Optimized for Scalping).
TP/SL Multipliers: Fully customizable to fit your personal risk-to-reward strategy.
1. Overview
This indicator captures immediate market trend reversals based on the high-responsiveness of the HMA (Hull Moving Average). It doesn't just show direction; it simultaneously calculates ATR-based volatility to generate optimal Take Profit (TP) and Stop Loss (SL) lines in real-time.
2. How to Trade
๐ LONG Entry:
The HMA line must be Green, and the price must be positioned above the line.
Enter when the price breaks above the high of the last 5 bars and the ๐ LONG label appears.
๐ SHORT Entry:
The HMA line must be Red, and the price must be positioned below the line.
Enter when the price breaks below the low of the last 5 bars and the ๐ SHORT label appears.
๐ฏ Exit (TP/SL):
Close the position immediately when the price touches the Aqua line (TP) or the Yellow line (SL).
3. Key Features
Smart Cleaning: By enabling the 'Hide Past Records' option, the indicator automatically removes previous labels and lines when a new signal occurs, keeping your chart clean and focused.
Real-time Tracking: TP and SL lines extend candle-by-candle as the price moves, providing superior readability for active trades.
High Visibility: Status panels like ๐ฏ TP Hit or โ ๏ธ SL Hit are generated upon trade completion, allowing you to intuitively track your trading results.
4. Recommended Settings
Sensitivity: 15 (Optimized for Scalping).
TP/SL Multipliers: Fully customizable to fit your personal risk-to-reward strategy.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations โ learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations โ learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.