OPEN-SOURCE SCRIPT

TEMA/DEMA/HMA Strategy

The TEMA/DEMA/HMA strategy is a basic trend follower looking for when the TEMA crosses above the DEMA as a buy signal and the opposite for the sell.

The HMA is used as a longer more Dynamic MA to confirm the wider trend to filter out bad trades.

This is a basic idea that can be expanded on using different indicator types to either add signals or filter out more bad signals!
HMAMoving AveragesstrategyTriple Exponential Moving Average (TEMA)

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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