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Hull Moving Average for Amibroker (AFL)
Rating:
4 / 5 (Votes 4)
Tags:
amibroker, moving average
A very smoothed out moving average with little lag. Very similar to the Jurik moving average.
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Indicator / Formula
Copy & Paste Friendly
1 2 3 4 5 6 7 8 9 10 11 12 | 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); |
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