Hull Moving Average for Amibroker (AFL)
arthasfin about 16 years ago Amibroker (AFL)
A very smoothed out moving average with little lag. Very similar to the Jurik moving average.
Indicator / Formula
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SetChartBkColor( colorPaleBlue ) ;
SetChartOptions(0,chartShowDates|chartShowArrows);
Plot(C,"",colorWhite,styleCandle);
Price = ParamField("Price");
Period = Param("Period", 20,1,100,1);
function HMA(Price, Length)
{
return WMA(2*WMA(Price, Period/2)-WMA(Price, Period), sqrt(Period));
}
A = HMA(Price, Period);
colorA= IIf(A > Ref(A,-1), colorBrightGreen,colorRed);
Plot(A, "HMA", colorA, styleLine|styleThick);0 comments
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