OPEN-SOURCE SCRIPT
THMA
THMA MTF
This indicator plots the Triangular Hull Moving Average (THMA), a smooth and responsive moving average based on the Hull concept. The formula follows the standard THMA definition used across multiple public TradingView scripts and libraries:
THMA = WMA( 3*WMA(src, L/3) - WMA(src, L/2) - WMA(src, L), L )
The idea behind THMA comes from the broader Hull Moving Average family, adapted with a triangular weighting scheme to reduce lag while keeping the line smooth. This implementation is my own Pine Script version, built from publicly available documentation and open-source THMA scripts on TradingView.
Features:
- Source and length are configurable (default length: 21).
- Line color changes depending on price position:
- Green when close is above THMA.
- Red when close is below THMA.
- Optional higher timeframe mode: you can calculate THMA on a higher timeframe (e.g., 5 min, 15 min, 1h) and display it on your current chart.
Use it as a trend filter or dynamic support/resistance level. As with any indicator, it’s best combined with your own price action and risk management rules.
This indicator plots the Triangular Hull Moving Average (THMA), a smooth and responsive moving average based on the Hull concept. The formula follows the standard THMA definition used across multiple public TradingView scripts and libraries:
THMA = WMA( 3*WMA(src, L/3) - WMA(src, L/2) - WMA(src, L), L )
The idea behind THMA comes from the broader Hull Moving Average family, adapted with a triangular weighting scheme to reduce lag while keeping the line smooth. This implementation is my own Pine Script version, built from publicly available documentation and open-source THMA scripts on TradingView.
Features:
- Source and length are configurable (default length: 21).
- Line color changes depending on price position:
- Green when close is above THMA.
- Red when close is below THMA.
- Optional higher timeframe mode: you can calculate THMA on a higher timeframe (e.g., 5 min, 15 min, 1h) and display it on your current chart.
Use it as a trend filter or dynamic support/resistance level. As with any indicator, it’s best combined with your own price action and risk management rules.
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。