Hull based Indicator(s) - cTrader
Posted: Sat Mar 10, 2018 1:57 am
This thread is designed to post Specifically for HULL based Concept & Theory
Alan Hull said :
Back in 2005 when I was working on a New indicator I was temporarily sidetracked by trying to solve the Problem of lag in Moving Averages (MA), the outcome of which was the Hull Moving Average (HMA)
Hull Moving Average (HMA) formula :
Integer(SquareRoot(Period)) WMA [2 x Integer(Period/2) WMA(Price) - Period WMA(Price)]
MetaStock formula
period:=Input("period",1,200,20);
sqrtperiod:=Sqrt(period);
Mov(2*Mov(C,period/2,W) - Mov(C,period,W),LastValue(sqrtperiod),W);