ALMA Smoothed Gaussian Moving Average (ASGMA) – by LudwigICT
A precision trend-following indicator that fuses ALMA smoothing with an adaptive Gaussian Moving Average to cut through noise and reveal the true market bias.
🔹 How it works:
- Takes your chosen price source (Close, Open, High, Low, HL2, HLC3, OHLC4).
- Measures percentage change and smooths it with ALMA (Arnaud Legoux MA).
- Applies a Gaussian filter (adaptive to volatility, or fixed) for a refined trend line.
- Confirms direction with an EMA of close (7) for responsive alignment.
🔹 What you see on the chart:
- Trend line: Green = uptrend, Red = downtrend.
- Candles recolored: Trend-aligned body & wick colors for instant bias recognition.
- Buy/Sell signals: Highlighted bars + bold labels when ALMA crosses above/below Gaussian MA.
- Full-height highlights: Stay visible on pan/zoom (no missed signals).
🔹 What it gives traders:
✅ A clean, non-laggy trend map
✅ Fast Buy/Sell signals at momentum shifts
✅ Less chart clutter, more confidence in execution
👉 In short: It’s a precision trend indicator that filters out noise, adapts to volatility, and gives clear visual Buy/Sell signals.
If you have any questions or run into any issues, feel free to contact me. I'm happy to help You!
Disclaimer:
By using my algorithms, you acknowledge that trading involves inherent risks and that past performance does not guarantee future results. It is essential that you have a solid risk management strategy in place and, above all, that you remain disciplined in adhering to stop-loss levels. Failure to manage risk properly can lead to significant losses. I am not responsible for any financial outcomes resulting from the use of these algorithms. Trade responsibly and always follow proper risk management practices.
Bless up! 🙌