OPEN-SOURCE SCRIPT
BRAHMA_ALARM
The indicator is an update to the "HMA-Kahlman Trend & Trendlines" script by capissimo, which is available at the following link: tradingview.com/script/Pi7EVefr-hma-kahlman-trend-trendlines/. The update includes the integration of an alarm function to provide additional functionality.
The indicator continues to be based on the combination of the HMA (Hull Moving Average)-SMA (Simple Moving Average) method and the Kalman filter to generate precise trading signals. The original script by capissimo serves as the foundation for the SIMSOIL indicator, which has been enhanced by the addition of the alarm function to keep traders informed of potential trading opportunities.
It is important to emphasize that indicator is developed as an update to the original script by capissimo. I would like to thank capissimo for their original work on the script, and I have added the alarm function as an extension.
The indicator continues to be based on the combination of the HMA (Hull Moving Average)-SMA (Simple Moving Average) method and the Kalman filter to generate precise trading signals. The original script by capissimo serves as the foundation for the SIMSOIL indicator, which has been enhanced by the addition of the alarm function to keep traders informed of potential trading opportunities.
It is important to emphasize that indicator is developed as an update to the original script by capissimo. I would like to thank capissimo for their original work on the script, and I have added the alarm function as an extension.
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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