OPEN-SOURCE SCRIPT
GTS5.alvin - HMA Tracker 2.0
Momentum. Strength. Clarity.
🚀 Overview
HMA Tracker™ 2.0 is a next-generation momentum indicator that transforms the Hull Moving Average into a real-time trend intelligence system.
Instead of simply showing direction, it reveals:
📍 Market bias (Bullish / Bearish)
⚡ Momentum strength (0–100%)
🧠 Expansion vs exhaustion phases
🎨 Dynamic visual intensity based on volatility
This is not just a moving average…
👉 It’s a live momentum radar for price action.
🧠 What Makes It Different
Traditional indicators tell you:
“Price is going up or down”
HMA Tracker™ tells you:
“How strong the move is… and whether it’s accelerating or dying.”
It achieves this by comparing:
⚡ Current HMA (momentum)
📊 HMA Lookback Average (equilibrium)
Then measuring the distance between them as a normalized strength score.
📊 Core Features
🎯 1. Real-Time Bias Detection
🟢 Bullish trend detection
🔴 Bearish trend detection
Instant flip signals when momentum shifts
⚡ 2. Strength-Based Momentum Engine (0–100%)
📉 0–30% → Weak / Chop / Range
📊 30–70% → Building momentum
🚀 70–100% → Strong expansion or exhaustion zone
🎨 3. Dynamic Color Intensity System
🌫️ Faded colors → weak momentum
🔥 Bright neon colors → strong expansion
Color intensity automatically adapts to volatility conditions.
🧩 4. Smart Dashboard (Top-Right Panel)
Live readout of:
🟢 BULLISH / 🔴 BEARISH bias
📊 Strength percentage
⚡ Market state (Weak / Building / Expansion)
🧠 5. Expansion vs Exhaustion Logic
This indicator helps you visually identify:
🚀 Expansion phases (trend acceleration)
⚠️ Exhaustion zones (momentum fading)
🔄 Early reversal signals
🔥 How to Use It
📈 Trend Continuation Setup
Bias = Bullish
Strength = 60%–100%
👉 Ride momentum, avoid early exits
🧨 Exhaustion Warning
Strength spikes (80–100%)
Then begins fading
👉 Possible reversal or pullback incoming
⚪ Chop / No Trade Zone
Strength below 30%
👉 Market is ranging or indecisive
🎯 Flip Signals
🔴 → 🟢 = bullish transition
🟢 → 🔴 = bearish transition
Best used with structure or liquidity zones.
💡 Built For Traders Who Want Clarity
Perfect for:
⚡ Scalpers (1m–5m)
📊 Intraday traders
🧠 Momentum traders
🎯 Trend followers
🧪 Best Markets
🥇 Gold (XAUUSD)
💱 Forex pairs
🪙 Crypto (BTC / ETH)
📈 Indices (NAS100 / US30)
⚙️ Default Settings
⏱️ HMA Length: 55
📊 Lookback Average: 55
📏 Strength Normalization: 100
🖥️ Timeframe: Optimized for 1-minute charts
🔥 Why Traders Use It
✔ Eliminates guessing
✔ Shows real momentum strength
✔ Adapts to volatility automatically
✔ Works across all markets
✔ Combines trend + momentum in one tool
🧠 Pro Strategy Tip
The real edge comes from:
👉 Watching strength transitions, not just direction
Weak → Strong = Entry confirmation
Strong → Weak = Exit / reversal warning
💬 Final Note
HMA Tracker™ 2.0 doesn’t just show direction…
👉 It shows the force behind the move
So you’re no longer trading candles.
You’re trading momentum itself.
⚠️ Disclaimer
This indicator is for educational and informational purposes only. It does not constitute financial advice. Trading involves risk.
🚀 Overview
HMA Tracker™ 2.0 is a next-generation momentum indicator that transforms the Hull Moving Average into a real-time trend intelligence system.
Instead of simply showing direction, it reveals:
📍 Market bias (Bullish / Bearish)
⚡ Momentum strength (0–100%)
🧠 Expansion vs exhaustion phases
🎨 Dynamic visual intensity based on volatility
This is not just a moving average…
👉 It’s a live momentum radar for price action.
🧠 What Makes It Different
Traditional indicators tell you:
“Price is going up or down”
HMA Tracker™ tells you:
“How strong the move is… and whether it’s accelerating or dying.”
It achieves this by comparing:
⚡ Current HMA (momentum)
📊 HMA Lookback Average (equilibrium)
Then measuring the distance between them as a normalized strength score.
📊 Core Features
🎯 1. Real-Time Bias Detection
🟢 Bullish trend detection
🔴 Bearish trend detection
Instant flip signals when momentum shifts
⚡ 2. Strength-Based Momentum Engine (0–100%)
📉 0–30% → Weak / Chop / Range
📊 30–70% → Building momentum
🚀 70–100% → Strong expansion or exhaustion zone
🎨 3. Dynamic Color Intensity System
🌫️ Faded colors → weak momentum
🔥 Bright neon colors → strong expansion
Color intensity automatically adapts to volatility conditions.
🧩 4. Smart Dashboard (Top-Right Panel)
Live readout of:
🟢 BULLISH / 🔴 BEARISH bias
📊 Strength percentage
⚡ Market state (Weak / Building / Expansion)
🧠 5. Expansion vs Exhaustion Logic
This indicator helps you visually identify:
🚀 Expansion phases (trend acceleration)
⚠️ Exhaustion zones (momentum fading)
🔄 Early reversal signals
🔥 How to Use It
📈 Trend Continuation Setup
Bias = Bullish
Strength = 60%–100%
👉 Ride momentum, avoid early exits
🧨 Exhaustion Warning
Strength spikes (80–100%)
Then begins fading
👉 Possible reversal or pullback incoming
⚪ Chop / No Trade Zone
Strength below 30%
👉 Market is ranging or indecisive
🎯 Flip Signals
🔴 → 🟢 = bullish transition
🟢 → 🔴 = bearish transition
Best used with structure or liquidity zones.
💡 Built For Traders Who Want Clarity
Perfect for:
⚡ Scalpers (1m–5m)
📊 Intraday traders
🧠 Momentum traders
🎯 Trend followers
🧪 Best Markets
🥇 Gold (XAUUSD)
💱 Forex pairs
🪙 Crypto (BTC / ETH)
📈 Indices (NAS100 / US30)
⚙️ Default Settings
⏱️ HMA Length: 55
📊 Lookback Average: 55
📏 Strength Normalization: 100
🖥️ Timeframe: Optimized for 1-minute charts
🔥 Why Traders Use It
✔ Eliminates guessing
✔ Shows real momentum strength
✔ Adapts to volatility automatically
✔ Works across all markets
✔ Combines trend + momentum in one tool
🧠 Pro Strategy Tip
The real edge comes from:
👉 Watching strength transitions, not just direction
Weak → Strong = Entry confirmation
Strong → Weak = Exit / reversal warning
💬 Final Note
HMA Tracker™ 2.0 doesn’t just show direction…
👉 It shows the force behind the move
So you’re no longer trading candles.
You’re trading momentum itself.
⚠️ Disclaimer
This indicator is for educational and informational purposes only. It does not constitute financial advice. Trading involves risk.
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.
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.
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.