Hull Moving Average Turning Points with EMA and Bollinger Band Overlays
Summary
This document combines a Hull Moving Average (HMA) display with four exponential moving averages and Bollinger Bands. The HMA’s slope and curvature are used to color the line and mark local turning points, which can be shown as potential support and resistance levels. Optional arrows identify HMA local lows and highs, while alerts and strategy entries are tied to price crossing the most recently stored turning-point levels.
The additional overlays plot EMA lines with lengths of 8, 13, 21, and 55, plus Bollinger Bands based on a simple moving average and standard deviation. The page calls itself a test and supplies charting code and a short BTC/USDT futures backtest interval, but reports no outcome statistics or evidence of profitability. The code’s mixture of indicator and strategy logic, along with the brief sample and lack of stated transaction-cost analysis, limits what can be inferred about trading performance.
Key ideas
- HMA slope and curvature provide a visual view of trend changes and turning points.
- Local HMA lows and highs can be plotted as candidate support and resistance levels.
- Crosses of stored HMA turning-point levels trigger alerts and directional entries in the source.
- Four EMAs and Bollinger Bands add trend and volatility context to the chart.
- The document provides no performance results to validate the signals.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.