Hull ZigZag

A simple indicator I use to filter out noise. it tracks reversals of a Hull Moving Average, which ultimately highlights short term trends and potential chart patterns. I've also included an option to project the most recent trend forward, if that is something you would like to tinker with.

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Added a second trendline to indicate if price trend is accelerating or decelerating. The gray line will follow the colored one, the angle between the lines is indicative of the change in momentum.

- if GREEN line is above (RED below) the gray, the trend is parabolic.
- if GREEN line (or RED) is near gray, the trend is linear.
- if GREEN line is below (RED above) the gray, the trend is consolidating.

เอกสารเผยแพร่:

Added max_bars_back to weed out a bug that causes intermittent errors upon loading.

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just to update picture