INVITE-ONLY SCRIPT

HMA Trend Tracker with Multi-Timeframe Dashboard

95
█ OVERVIEW
This indicator is designed for trend following, using the Hull Moving Average (HMA) as the core decision-making tool. This script integrates multi-dimensional analysis, including Directional Momentum, Volume Pressure, and Multi-Timeframe Analysis, onto a single screen to simplify market analysis.

█ CONCEPTS
Hull Moving Average (HMA) Logic: HMA is used to address the lag issues of typical moving averages while maintaining line smoothness. The script detects HMA slope changes to identify the beginning of bullish or bearish cycles.

Visual Ensemble Analysis: The script uses confluence techniques to combine signals from multiple data sources:

Trend Signal: Price direction from HMA

Volume Analysis: Candlestick strength compared to the moving average

MTF Matrix: Trend analysis from Stochastic oscillator across different timeframes to confirm the overall picture

█ FEATURES
1. Smart Repaint Protection

Features a Disable Repaint option that users can choose. 1. Signal Generation: Signals are generated only when the candlestick has closed (barstate.isconfirmed), increasing the accuracy of actual trades.

2. Dynamic Risk Management (TP/SL):

When a BUY or SELL signal occurs, the system automatically calculates the target price (TP) and stop-loss (SL) based on the set percentage, and draws price lines on the graph for clear visualization.

3. Multi-Timeframe (MTF) Dashboard:

The table in the upper right corner displays the trend status from 15 timeframes (from 1m to 1w) using the Stochastic Oscillator logic to indicate whether the overall market is in an upward or downward momentum.

4. Volume Monitor:

The system analyzes buying and selling pressure within the candlestick (Volume Pressure) and compares it to the average of 20 bars to identify statuses such as STRONG BUY or STRONG SELL, helping to filter signals during periods of low market volume.

█ VISUALIZATION
Bar Coloring: Candlesticks will change to solid green or solid red according to the latest signal. To make it easier for traders to follow trends without being distracted by the regular candlestick colors:

Labels: BUY/SELL signals will be displayed below and above the candlestick immediately when the conditions are met.

Target Lines: Green and red dashed lines show the profit or loss levels for the most recent trade.

Exención de responsabilidad

La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.