OPEN-SOURCE SCRIPT
Triangular Hull Moving Average + Volatility [BigBeluga]

This indicator combines the Triangular Hull Moving Average (THMA) with a volatility overlay to provide a smoother trend-following tool while dynamically visualizing market volatility.
🔵Key Features:
🔵Usage:
This tool is ideal for traders who want a responsive moving average with volatility insights to enhance their trend-following strategies.
🔵Key Features:
- THMA-Based Trend Detection: The indicator applies a Triangular Hull Moving Average (THMA) to smooth price data, reducing lag while maintaining responsiveness to trend changes.
Pine Script® // THMA thma(_src, _length) => ta.wma(ta.wma(_src,_length / 3) * 3 - ta.wma(_src, _length / 2) - ta.wma(_src, _length), _length) - Dynamic Volatility Bands: When enabled, the indicator displays wicks extending from the THMA-based candles. These bands expand and contract based on price volatility.
- Trend Reversal Signals The indicator marks trend shifts using triangle-shaped signals:
- Upward triangles appear when the THMA trend shifts to bullish.
- Downward triangles appear when the THMA trend shifts to bearish. - Customizable Settings: Users can adjust the THMA length, volatility calculation period, and colors for up/down trends to fit their trading style.
- Informative Dashboard: The bottom-right corner displays the current trend direction and volatility percentage, helping traders quickly assess market conditions.
🔵Usage:
- Trend Trading: The colored candles indicate whether the market is trending up or down. Traders can follow the trend direction and use trend reversals for entry or exit points.
- Volatility Monitoring: When the volatility feature is enabled, the expanding or contracting wicks help visualize market momentum and potential breakout strength.
- Signal Confirmation: The triangle signals can be used to confirm potential entry points when the trend shifts.
This tool is ideal for traders who want a responsive moving average with volatility insights to enhance their trend-following strategies.
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。
🔵Gain access to our powerful tools : bigbeluga.com
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
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。
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。
🔵Gain access to our powerful tools : bigbeluga.com
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
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。