NeoButane

FishNet Doubled hullMA Reactive Colors

Moving averages are used to determine trend. These moving averages are designed to determine trend with reactive coloring and utilizes a unique version of the Hull moving average . This is one of many iterations of fishnet MAs I have made in the past.


I first found fishnet MAs, which is a lot of moving averages of increasing length, from @TusenPix

YMMV on actionable information :p

Release Notes: Added original version 3 as comment at the end of the script.
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.

Want to use this script on a chart?
My published indicators: https://www.tradingview.com/u/NeoButane/#published-scripts

Sorry if I haven't replied to your message yet, I'm a bit backlogged :)

Comments

This is definitely a beautiful ART! Awesome works bro =D
+1 Reply
Again a piece of art!
+1 Reply
Similar with Guppy Multiple Moving Average but with Hull MA?
Reply
NeoButane MasBart
@MasBart, Sort of. It only has color when momentum is trending up. There is no distinction between lack of trend nor downtrend. It was an experiment on getting accurate and quick trend following, I don't think the color reactivity is tuned well for use in its current state.
Reply
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