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Re: HMA - Hull Moving Average Indicators MT4

josi, Thu Sep 10, 2020 11:23 pm

poaslk wrote: Thu Sep 10, 2020 10:51 pm
Hey Jimmy, yes, I'm aware of the rules:) just was trying to give you options. I do not need source code, just fixed version. Yes, I can code, but it is extremely hard to contribute, if nobody here shares source codes:)
I will gladly give you some source code:
Have a look at this request:
viewtopic.php?p=1295418709#p1295418709

I have a new Hull (EMA) by Mladen (link to mql5 not allowed)
You could go for my example
a) subwindow,
b) colour change on directional change for current-TF-line
c) colour change on directional change for histo (higher TF)
d) input for line (current TF), different input for histo (higher TF)

From Mladen:
Hull moving average (ema based)

Original Hull moving average is calculated using LWMA (Linear Weighted Moving Average). But sometimes that way of calculation tends to overshoot

Possible solution for that is to use some other average method to calculate Hull

This version :

is using EMA (Exponential Moving Average) for calculation and it seems to be helping in the overshooting while keeping the signals at almost the same positions.
is having the additional "speed" parameter (which can be helpful for further filtering out signals without changing the Hull period)

Recommended usage :

You can use color changes as signals for trend change
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