OPEN-SOURCE SCRIPT
HMA + Kalman + LinReg Channel [Pointalgo]
HMA + Kalman + Linear Regression Channel
HMA + Kalman + LinReg Channel is a volatility-adaptive price channel that blends three smoothing techniques into a single dynamic midline and adjusts its band width based on market conditions (trending vs. sideways).
This script is designed for traders who want:
A smoother central bias line
Volatility-based dynamic bands
Context-aware channel width
Simple breakout visual signals
Core Components
This indicator combines three different smoothing methods:
The three values are averaged to form a composite midline, providing balanced responsiveness and stability.
Adaptive Channel Logic
The channel width is based on ATR (Average True Range).
Channel behavior:
This creates a dynamic structure that adapts to market conditions automatically.
Visual Features:
Breakout Signals:
Inputs:
All parameters are user-adjustable.
Disclaimer
This script is provided for educational and research purposes only. It does not provide financial advice. Users are responsible for their own trading decisions.
HMA + Kalman + LinReg Channel is a volatility-adaptive price channel that blends three smoothing techniques into a single dynamic midline and adjusts its band width based on market conditions (trending vs. sideways).
This script is designed for traders who want:
A smoother central bias line
Volatility-based dynamic bands
Context-aware channel width
Simple breakout visual signals
Core Components
This indicator combines three different smoothing methods:
- Hull Moving Average (HMA) – Reduces lag while maintaining smoothness
- Kalman Filter – Adaptive filtering to reduce noise
- Linear Regression (LinReg) – Captures short-term trend direction
The three values are averaged to form a composite midline, providing balanced responsiveness and stability.
Adaptive Channel Logic
The channel width is based on ATR (Average True Range).
- When the midline moves significantly over a lookback period (relative to ATR), the market is considered Trending
- When movement remains within a defined ATR zone, the market is considered Sideways
Channel behavior:
- Trending → Multiplier is reduced (tighter bands)
- Sideways → Full multiplier (wider bands)
This creates a dynamic structure that adapts to market conditions automatically.
Visual Features:
- Midline changes color depending on market state
- Upper and lower bands plotted around the midline
- Optional shaded channel for better visibility
- Breakout markers when price crosses outside the channel
Breakout Signals:
- Bullish signal: Close crosses above upper band
- Bearish signal: Close crosses below lower band
Inputs:
- Length
- Source
- Standard Multiplier
- Trend Lookback
- Trend Threshold (ATR multiple)
- Kalman R and Q parameters
All parameters are user-adjustable.
Disclaimer
This script is provided for educational and research purposes only. It does not provide financial advice. Users are responsible for their own trading decisions.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Unlock powerful tools & indicators → pointalgo.com
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Unlock powerful tools & indicators → pointalgo.com
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.