HMA buy/sell Logic:
This code uses HMA and dynamically assigns value as either bullish or bearish based on where the closing price stands relative to signalHigh and signalLow. Trade buy/sell is determined by value, and crossover signals (Long and Short) are generated when the close price crosses Exit.
Ultimate Moving average:
This script plots a trend-colored Ultimate Moving Average (ULMA) line based on Arnaud Legoux Moving Average. The line’s visibility, length and trend color are customizable. Yellow color indicates an upward trend, while red indicates a downward trend. The indicator provides a smooth moving average that aims to track trends with minimal lag.