If you're reading this, you're a trusted early tester. Please respect the time and effort I put into my scripts by keeping all details private. When the script/strategy is ready and fully tested, allow me to make it public myself.
Note that you can toggle BBs off in the options, but I recommend keeping them on. I use this script alongside price action and supply/demand ideas with horizontal levels. This is already a complex indicator set. Be careful not to add too many additional indicators.
I'd appreciate any constructive feedback and comments.
- Netrin (Twitter: @cryptonetrin)
Disclaimer: This is not financial advice. Your financial decisions are your own.
Release Notes
⋅
* Hull MA color coding has been updated for VWAP integration and faster responsiveness on lower time frames. * Introduced Bollinger Band Smoothing, a new feature to decrease noise and improve band width responsiveness (default ON). * Hull MA modified with selectable length (default 24). * Source can be adjusted (default "close"). * Small changes to transparency and fills.
When the Hull MA shows yellow/orange, this indicates a trend change or uncertainty. Use Bollinger Bands, particularly price vs. BB basis, to clarify direction.
Release Notes
⋅
Demo image corrected.
Release Notes
⋅
Final update for the day. Sorry for spam :)
Script name change and more specific sample image of trading this indicator. For clarity, not every potential trade is shown, but there were many opportunities in this range.
I haven't made any comments about RSI, but it can be very helpful to include it to identify tops and bottoms in conjunction with the HMA color change, although BBs and price action alone are sufficient.