Calculates five vector moving averages of different periods and averages them. Origin moving average is ALMA from the mid point of the candles (hl2.) Vector moving averages are the difference between Hull Moving Averages and the Origin MA.
It is a momentum indicator that shows when long term and short term trends agree with the move. It moves stronger, when all the vectors point to the same direction. Look for divergence to detect trend changes.
Note di rilascio
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Added sixth vector moving average to fill a gap in the Fibonacci sequence. Fibonacci sequence numbers seem to work best, but you can of course experiment.
Bro, you just created the most and probably the best indicator exist
jeanpierre67
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Need a little bit filter and everything works great thwn . I can see some green candle in middle of long bear trend and some red candle in steong bull trend .if you can filter it that will be aweaome
BobBasic
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@jeanpierre67, The line is red when the point is lower than the previous point and green if its higher.
ogiber26
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In the example, there are yellow lines showing the divergence but when I load the indicator the yellow lines are not shown.
BobBasic
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@ogiber26,The indicator doesn't have those lines. You can draw them yourself by connecting highs and lows.