Displaced Moving Averages Suite

The “Displaced Moving Averages Suite” indicator is not part of the standard technical analysis library; rather, it was adapted from the “Hull Suite” indicator, published for free by InSilico in the TradingView® community library. The system is based on the principle of shifting the moving average line selected by the user backward relative to that same moving average, but at the present time. It is at the crossover of these two moving averages that a bullish or bearish signal is generated. Additionally, colors have been added to the moving averages and the areas between them depending on the current signal.

Unlike the classic moving average crossover, in this case—due to the mathematical principle behind its construction—we do not observe the gap between the two widening when the trend is stronger and narrowing when it is weaker; rather, it provides a more refined way to generate the signal, especially when using Alan Hull’s moving average, since, for certain settings, it produces signals very similar to those of Heiken-Ashi candles.