OPEN-SOURCE SCRIPT

🌊 ALMA Bands

530
Trend Architect Suite Lite - ALMA Bands - Adaptive Moving Average System

Simple implementation of ALMA (Arnaud Legoux Moving Average) bands from the Trend Architect Suite.

Why ALMA over Traditional EMA Bands?

  • Superior Smoothness: ALMA combines the best of both SMA and EMA by using Gaussian filters to reduce noise while maintaining responsiveness
  • Reduced Lag: The offset parameter allows fine-tuning between minimal lag and maximum smoothness
  • Advanced Weighting: Uses a sophisticated weighted algorithm that reduces false signals compared to traditional moving averages
  • Configurable Phase: The offset parameter (0-1) controls the phase shift, allowing you to balance between smoothness and responsiveness


Features:

  • Dual ALMA lines with customizable periods, offsets, and sigma values
  • Dynamic fill coloring (cyan for bullish, red for bearish trends)
  • Clean crossover alerts for trend changes
  • Fully customizable appearance and sensitivity


Settings:

Default configuration uses 20-period ALMAs with different offset values (0.85 vs 0.77)
All parameters are adjustable to fit your trading style

Use Case:
Trend-following system suitable for any timeframe. Best used in conjunction with other analysis for confirmation.

Declinazione di responsabilitĂ 

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.