OPEN-SOURCE SCRIPT
Hybrid Trend MA
Hybrid Trend MA (Pine Script v6)
This indicator combines Exponential Moving Averages (EMA) and Arnaud Legoux Moving Averages (ALMA) into a single hybrid trend-following tool. It is designed to help traders visualize medium- and long-term trend directions while also capturing smoother short-term signals.
Key Features:
EMA Trend Structure
Three EMAs are plotted (lengths: 38, 62, 200).
Each EMA line changes color depending on whether it is rising or falling relative to the others:
Red → Strong uptrend alignment.
Lime → Strong downtrend alignment.
Aqua → Neutral or transition.
The indicator also fills the space between EMA zones with silver shading to highlight trend channels.
ALMA Trend Confirmation
Two ALMA curves are plotted (lengths: 13, 50).
Similar rising/falling logic is applied to color them:
Red → Bullish alignment and rising.
Green → Bearish alignment and falling.
Cyan → Neutral or uncertain trend.
A cross marker is plotted whenever the fast and slow ALMA lines cross, which may serve as an entry/exit confirmation.
Customizable Smoothing
The smoothe setting controls how many bars are checked to confirm whether an EMA or ALMA is rising/falling, helping reduce noise.
How to Use:
Trend Identification: The EMA set shows the larger market structure. When all EMAs align in direction and color, the trend is stronger.
Entry & Exit Confirmation: The ALMA cross signals can be used to refine entries and exits within the broader EMA trend.
Dynamic Visuals: Colored EMAs + ALMAs make it easy to distinguish bullish, bearish, and ranging conditions at a glance.
This indicator combines Exponential Moving Averages (EMA) and Arnaud Legoux Moving Averages (ALMA) into a single hybrid trend-following tool. It is designed to help traders visualize medium- and long-term trend directions while also capturing smoother short-term signals.
Key Features:
EMA Trend Structure
Three EMAs are plotted (lengths: 38, 62, 200).
Each EMA line changes color depending on whether it is rising or falling relative to the others:
Red → Strong uptrend alignment.
Lime → Strong downtrend alignment.
Aqua → Neutral or transition.
The indicator also fills the space between EMA zones with silver shading to highlight trend channels.
ALMA Trend Confirmation
Two ALMA curves are plotted (lengths: 13, 50).
Similar rising/falling logic is applied to color them:
Red → Bullish alignment and rising.
Green → Bearish alignment and falling.
Cyan → Neutral or uncertain trend.
A cross marker is plotted whenever the fast and slow ALMA lines cross, which may serve as an entry/exit confirmation.
Customizable Smoothing
The smoothe setting controls how many bars are checked to confirm whether an EMA or ALMA is rising/falling, helping reduce noise.
How to Use:
Trend Identification: The EMA set shows the larger market structure. When all EMAs align in direction and color, the trend is stronger.
Entry & Exit Confirmation: The ALMA cross signals can be used to refine entries and exits within the broader EMA trend.
Dynamic Visuals: Colored EMAs + ALMAs make it easy to distinguish bullish, bearish, and ranging conditions at a glance.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.