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Ehlers Moving Average Difference Hann Indicator [CC]

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The Moving Average Difference Hann Indicator was created by John Ehlers (Stocks and Commodities Nov 2021) and this is an improved variation of his Moving Average Difference Indicator that uses smoothing from his Hann Windowing Indicator to provide smoother buy and sell signals. As for how this indicator works it is an improved version of the classic MACD indicator which of course takes a difference between two exponential moving averages. I have included strong buy and signals in addition to normal ones so lighter colors are normal signals and darker colors are strong signals. Buy when the line turns green and sell when it turns red.

Let me know if there are any other indicators you would like to see me publish!
Release Notes
Updated to v5
Release Notes
Fixed an issue pointed out by u053541

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

cheatcountry
I created the largest stock indicator library:
github.com/ooples/

Custom Indicator Requests:
forms.gle/ouMffZR3dQ8bSJQG7

Tips are appreciated:
paypal.me/cheatcountry
patreon.com/cheatcountry
Also on:
Centered OscillatorsdifferenceehlerehlershannjohnjohnehlersMADOscillatorsTrend Analysiswindowing

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Centered OscillatorsdifferenceehlerehlershannjohnjohnehlersMADOscillatorsTrend Analysiswindowing

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

cheatcountry
I created the largest stock indicator library:
github.com/ooples/

Custom Indicator Requests:
forms.gle/ouMffZR3dQ8bSJQG7

Tips are appreciated:
paypal.me/cheatcountry
patreon.com/cheatcountry
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.