hlma_v2.0 — Indicator by dmdman

trend indicator, based on new high's and low's mixed with sma high's and low's.
green area is strong bullish trend, red area is strong bearish trend, middle area is range of uncertainty/accumulation/distribution.

Release Notes:

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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