OPEN-SOURCE SCRIPT

Hybrid Moving Average - Market Trend

1 796
Hybrid Moving Average Market Trend System - , designed to visualize market trends using a combination of three moving averages: FRAMA (Fractal Adaptive Moving Average), VIDYA (Variable Index Dynamic Average), and a Hamming windowed Volume-Weighted Moving Average (VWMA).

Key Features:

FRAMA Calculation:
FRAMA adapts to market volatility by dynamically adjusting its smoothing factor based on the fractal dimension of price movement. This allows it to be more responsive during trending periods while filtering out noise in sideways markets. The FRAMA is calculated for both short and long periods

VIDYA with CMO:
The VIDYA (Variable Index Dynamic Average) is based on a Chande Momentum Oscillator (CMO), which adjusts the smoothing factor dynamically depending on the momentum of the market. Higher momentum periods result in more responsive averages, while low momentum periods lead to smoother averages. Like FRAMA, VIDYA is calculated for both short and long periods.

Hamming Windowed VWMA:
This VWMA variation applies a Hamming window to smooth the weighting of volume across the calculation period. This method emphasizes central data points and reduces noise, making the VWMA more adaptive to volume fluctuations. The Hamming VWMA is calculated for short and long periods, offering another layer of adaptability to the hybrid moving average.
Hybrid Moving Averages:

Dynamic Coloring and Filling:
The script uses dynamic color transitions to visually distinguish between bullish and bearish conditions:

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.