OPEN-SOURCE SCRIPT

HyperTrend [LuxAlgo]

已更新
The HyperTrend indicator aims to provide a real-time estimate of an underlying linear trend in the price. Support and resistance extremities are constructed from this estimate which can provide trade opportunities within the overall trend.

Most tools that return lines on a chart are either subject to backpainting or repainting. We aimed to provide a reliable real-time method to estimate linear trends in the price, enhancing traders' decision making processes when it comes to trading trends in price, hence the term 'HyperTrend'.

🔶 USAGE

快照

Users can use the HyperTrend to easily determine the trend direction in the price, with an average sloping upward indicating an uptrend, and an average sloping downward indicating a downtrend.

快照

The channels upper extremity can act as a resistance, while the lower extremity can act as a support. Contact with candle wicks can signal timely reversals/retracements.

快照

Using a higher "Multiplicative Factor" value will return less frequent new channels, and is suitable to analyze longer-term trends. The slope settings on the other end allow us to control the slope of the returned channels, with higher values returning flatter results (similar to our previously posted predictive ranges).

🔹 Channel Average

The channel average can return an estimate of the current (and future) trend in the price, the chart below shows an interval where a linear regression is displayed alongside the channel average:

快照

Unlike the linear regression, the average does not have any lookahead bias, this of course comes at the price of accuracy in most cases.

快照

Users can also use this average as a support or resistance. The breakout of a TC average that has been tested multiple times can be considered more significant in suggesting a trend reversal.

🔶 SETTINGS

  • Multiplicative Factor: Control the allowed degree of deviation of the price from the average line. Higher values will return less frequent new channels.
  • Slope: Controls the steepness of the returned lines. Higher values will return flatter results.
  • Width %: Width percentage of the channel. Lower results will return narrower channels.
版本注释
- Minor styling changes
hypertrendluxalgoreversaltrendTrend Analysis

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!您可以免费使用它,但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。

想在图表上使用此脚本?


Get access to our exclusive tools: luxalgo.com

Join our 150k+ community: discord.gg/lux

All content provided by LuxAlgo is for informational & educational purposes only. Past performance does not guarantee future results.
更多:

免责声明