Hamming Trend Visualizer (HTV)

15시간 전

This script applies John Ehlers' Hamming Moving Average (HMA) to smooth price data and detects trends with color-coded visualizations. It also generates alerts for significant trend changes.



How to Use:
1. Monitor the bar/candle colors to identify trends and their strength:

• Strong green → Robust uptrend
  
• Strong red → Robust downtrend
  

2. Use the plotted HMA line as confirmation for trend direction.
3. Watch for alerts signaling significant trend shifts:

• Crossover above 1 → Strong Buy
  
• Crossunder below -1 → Strong Sell
  

4. Adjust the Length and Pedestal inputs to fine-tune the indicator's sensitivity for shorter or longer-term strategies.