OPEN-SOURCE SCRIPT
Rainbow Collection - Violet

Moving averages come in all shapes and types. The most basic type is the simple moving average which is simply the sum divided by the quantity. Therefore, the simple moving average is the sum of the values divided by their number.
In technical analysis, you generally use moving averages to understand the underlying trend and to find trading signals. In the case of the Violet indicator, we are using a Hull moving average which is a special variation based on different weights to minimize lag.
The Violet indicator is therefore used as follows:
* A bullish signal is generated whenever the close price surpasses the 20-period Hull moving average while the previous close prices from [1, 2, 3, 5, 8, 13, 21] periods were all below their respective Hull moving average of the period.
*A bearish signal is generated whenever the close price breaks the 20-period Hull moving average while the previous close prices from [1, 2, 3, 5, 8, 13, 21] periods were all above their respective Hull moving average of the period.
The aim of the Violet indicator is to capture reversals as early as possible through a combination of lagged conditions based on the Fibonacci sequence.
In technical analysis, you generally use moving averages to understand the underlying trend and to find trading signals. In the case of the Violet indicator, we are using a Hull moving average which is a special variation based on different weights to minimize lag.
The Violet indicator is therefore used as follows:
* A bullish signal is generated whenever the close price surpasses the 20-period Hull moving average while the previous close prices from [1, 2, 3, 5, 8, 13, 21] periods were all below their respective Hull moving average of the period.
*A bearish signal is generated whenever the close price breaks the 20-period Hull moving average while the previous close prices from [1, 2, 3, 5, 8, 13, 21] periods were all above their respective Hull moving average of the period.
The aim of the Violet indicator is to capture reversals as early as possible through a combination of lagged conditions based on the Fibonacci sequence.
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。