OPEN-SOURCE SCRIPT
Mis à jour Trendilo LSMA Band Example
The "Trendilo LSMA Example" indicator is a technical analysis tool that combines two moving averages, the Linear Regression Moving Average (LSMA) and the Hull Moving Average (HMA), to provide insights into market trends.
The indicator plots a line on the price chart, which represents the combined values of the LSMA and HMA. This line changes color based on the direction of the trend. When the line is green, it suggests an upward trend, indicating that prices may continue to rise. Conversely, when the line is red, it suggests a downward trend, indicating that prices may continue to fall. If the line is yellow, it suggests a neutral or sideways trend, indicating that prices may be moving within a range without a clear trend.
Traders can customize the indicator by adjusting the input parameters. The "LSMAlen" parameter determines the length of the LSMA, the "LSMA Offset" parameter sets the offset for the LSMA, and the "LSMA Smoother" parameter controls the smoothing factor. Additionally, the "HMAlen" parameter determines the length of the HMA.
By using the Trendilo LSMA Example indicator, traders can get a visual representation of the market trend and use it to make informed trading decisions. Green indicates a potential buying opportunity, red suggests a potential selling opportunity, and yellow suggests a period of uncertainty where it may be prudent to wait for a clearer trend signal.
The indicator plots a line on the price chart, which represents the combined values of the LSMA and HMA. This line changes color based on the direction of the trend. When the line is green, it suggests an upward trend, indicating that prices may continue to rise. Conversely, when the line is red, it suggests a downward trend, indicating that prices may continue to fall. If the line is yellow, it suggests a neutral or sideways trend, indicating that prices may be moving within a range without a clear trend.
Traders can customize the indicator by adjusting the input parameters. The "LSMAlen" parameter determines the length of the LSMA, the "LSMA Offset" parameter sets the offset for the LSMA, and the "LSMA Smoother" parameter controls the smoothing factor. Additionally, the "HMAlen" parameter determines the length of the HMA.
By using the Trendilo LSMA Example indicator, traders can get a visual representation of the market trend and use it to make informed trading decisions. Green indicates a potential buying opportunity, red suggests a potential selling opportunity, and yellow suggests a period of uncertainty where it may be prudent to wait for a clearer trend signal.
Notes de version
**Title fix***Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.