FishNet Doubled hullMA Reactive Colors — Indicator by NeoButane

movingaverage hullma dema hma tusenpix neobutane nb 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.

My published indicators: www.tradingview.com/u/NeoButane/

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

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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?