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 open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.