Murad DMA

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Version:

• V1

Description:

The Murad DMA (Displaced Moving Average) indicator is a custom momentum tool designed to identify early trend reversals and buying/selling pressure using a displaced moving average histogram and an adaptive trend-following line (AMA). By integrating short- and long-term DMA relationships along with a color-coded signal line, the indicator offers a powerful way to visualize momentum shifts and potential entry/exit points in real time.

The DMA uses:

• Short Length: 10

• Long Length: 50

• Multiplier: 10

The DMA Histogram visualizes the divergence between the short and long-term displaced moving averages. A green histogram suggests bullish momentum, while a red histogram highlights bearish pressure.

The Adaptive Moving Average (AMA) line turns green when buying pressure dominates and red when selling pressure increases.

Key Features:

• Displaced Moving Average Histogram

• Green bars: Bullish DMA momentum (short DMA > long DMA)

• Red bars: Bearish DMA momentum (short DMA < long DMA)

• Bars expand or contract based on the strength of divergence

Adaptive Moving Average (AMA) Line

• Green AMA Line: Momentum favors buying pressure

• Red AMA Line: Momentum favors selling pressure

• Line responds to smoothed market shifts and adapts to volatility

Disclaimer: Trading options involves substantial risk. This script is for informational purposes only and is not a guarantee of success. Always conduct thorough due diligence, and practice proper risk management.