vdubus

vdubsox

I've been asking for this concept for a while, a simple MA that rides the top side of the trend instead of the bottom, and by accident came across the 'Hull ma' on a TV blog post. I've added another two simple Moving averages to act as strength indicator with close proximity to the price.
The strategy is simple MA cross over but with the early indication using Hull ma gives you a heads up on trend / price reversal.
I'm using this in conjunction with BB set at 34. on a 1/3/5 min charts & Heiken Ashi to smooth out the noise with awesome success trading Binary options.

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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Want to use this script on a chart?
//Script edited by vdubus
study(title="vdubsox ", shorttitle="vdubsox ", overlay=true)

//--------------------Strength indicators MA------------------
m4_src = close
m4_p = input(5, title="Strength indicator MA4:")

plot(sma(m4_src, m4_p), color=red, linewidth=3, title="Strength indicator MA4")

m5_src = close
m5_p = input(8, title="Strength indicator MA5:")

plot(sma(m5_src, m5_p), color=blue, linewidth=3, title="Strength indicator MA5")

//=============Hull MA==============================

source = close, length = input(9, minval=1)
hullma = wma(2*wma(source, length/2)-wma(source, length), round(sqrt(length)))
plot(hullma)