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Re: HMA - Hull Moving Average Indicators MT4

#81
Mladen's newest Hull moving average

By definition :

By Alan Hull
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, the outcome of which was the Hull Moving Average.
Since then the HMA has found its way into charting programs around the world and is regularly discussed on traders bulletin boards in different languages around the world. It was the result of an intellectual curiosity which I placed into the public domain by writing the following article Alan Hul Hull Moving Average.

The Hull Moving Average solves the age old dilemma of making a moving average more responsive to current price activity whilst maintaining curve smoothness. In fact the HMA almost eliminates lag altogether and manages to improve smoothing at the same time.

To understand how it achieves both of these opposing outcomes simultaneously we need to start with an easily understood frame of reference. The following chart contains a 16 week simple moving average which constantly lags the price activity and has poor smoothness.

Hull Moving Average (HMA) formula
Integer(SquareRoot(Period)) WMA [2 x Integer(Period/2) WMA(Price) - Period WMA(Price)]

There are multiple reasons for posting this indicator :

  • The eternal "need for speed" cause : Hull average is (regardless how it is calculated) a CPU intensive calculation. This version is solving that by avoiding loops where they usually are used
  • This version is the variation that allows you to specify the "speed" of the Hull average and thus to adjust the Hull (that tends to be overshooting in its original form) to our needs
  • There are countless versions of Hull average, using countless names, that are showing the two colored line - and a lot of them are repainting. This one is a non-repainting version
Hull moving average.mq4
(13.94 KiB) Downloaded 502 times
cb__5.png
example__10.png


Re: HMA - Hulll Moving Average

#82
mrtools wrote:
Sun Jun 24, 2018 2:04 pm
This is a Hull moving average(HMA) using bb stops as an extra trend confirmation. The alerts are on Hma slope change.
MrTools would it be possible to take an HMA like this one that alerts on overbought / oversold levels? I've noticed, after using this indicator, for a few weeks that it is always at the top of the indicator window at the top of a large uptrend / start of a downtrend, and at the bottom at the end of a downtrend/ start of an uptrend. It also helps me recognize retracements because the color/slope changes that are in the middle of the indicator windows are usually just retracements.
I'd love to see if this could be done with indicating on overbought/oversold levels?

Re: HMA - Hull Moving Average Indicators MT4

#83
mrtools wrote:
Sat May 25, 2019 7:25 am
Mladen's newest Hull moving average

By definition :

By Alan Hull
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, the outcome of which was the Hull Moving Average.
Since then the HMA has found its way into charting programs around the world and is regularly discussed on traders bulletin boards in different languages around the world. It was the result of an intellectual curiosity which I placed into the public domain by writing the following article Alan Hul Hull Moving Average.

The Hull Moving Average solves the age old dilemma of making a moving average more responsive to current price activity whilst maintaining curve smoothness. In fact the HMA almost eliminates lag altogether and manages to improve smoothing at the same time.

To understand how it achieves both of these opposing outcomes simultaneously we need to start with an easily understood frame of reference. The following chart contains a 16 week simple moving average which constantly lags the price activity and has poor smoothness.

Hull Moving Average (HMA) formula
Integer(SquareRoot(Period)) WMA [2 x Integer(Period/2) WMA(Price) - Period WMA(Price)]
There are multiple reasons for posting this indicator :

*the eternal "need for speed" cause : Hull average is (regardless how it is calculated) a CPU intensive calculation. This version is solving that by avoiding loops where they usually are used
*this version is the variation that allows you to specify the "speed" of the Hull average and thus to adjust the Hull (that tends to be overshooting in its original form) to our needs
*there are countless versions of Hull average, using countless names, that are showing the two colored line - and a lot of them are repainting. This one is a non-repainting version
Hi MrTools, could you please do an MTF version of this indi (with arrow/alerts - if you have the time)

Re: HMA - Hulll Moving Average

#84
rain wrote:
Sat May 25, 2019 2:36 pm
mrtools wrote:
Sun Jun 24, 2018 2:04 pm
This is a Hull moving average(HMA) using bb stops as an extra trend confirmation. The alerts are on Hma slope change.
MrTools would it be possible to take an HMA like this one that alerts on overbought / oversold levels? I've noticed, after using this indicator, for a few weeks that it is always at the top of the indicator window at the top of a large uptrend / start of a downtrend, and at the bottom at the end of a downtrend/ start of an uptrend. It also helps me recognize retracements because the color/slope changes that are in the middle of the indicator windows are usually just retracements.
I'd love to see if this could be done with indicating on overbought/oversold levels?
Sounds like a good idea, but the problem is that indicator has no set minimum and maximum bounds to determine oversold and overbought.

Re: HMA - Hull Moving Average Indicators MT4

#85
Deez wrote:
Sat May 25, 2019 6:59 pm
mrtools wrote:
Sat May 25, 2019 7:25 am
Mladen's newest Hull moving average

By definition :

By Alan Hull
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, the outcome of which was the Hull Moving Average.
Since then the HMA has found its way into charting programs around the world and is regularly discussed on traders bulletin boards in different languages around the world. It was the result of an intellectual curiosity which I placed into the public domain by writing the following article Alan Hul Hull Moving Average.

The Hull Moving Average solves the age old dilemma of making a moving average more responsive to current price activity whilst maintaining curve smoothness. In fact the HMA almost eliminates lag altogether and manages to improve smoothing at the same time.

To understand how it achieves both of these opposing outcomes simultaneously we need to start with an easily understood frame of reference. The following chart contains a 16 week simple moving average which constantly lags the price activity and has poor smoothness.

Hull Moving Average (HMA) formula
Integer(SquareRoot(Period)) WMA [2 x Integer(Period/2) WMA(Price) - Period WMA(Price)]
There are multiple reasons for posting this indicator :

*the eternal "need for speed" cause : Hull average is (regardless how it is calculated) a CPU intensive calculation. This version is solving that by avoiding loops where they usually are used
*this version is the variation that allows you to specify the "speed" of the Hull average and thus to adjust the Hull (that tends to be overshooting in its original form) to our needs
*there are countless versions of Hull average, using countless names, that are showing the two colored line - and a lot of them are repainting. This one is a non-repainting version
Hi MrTools, could you please do an MTF version of this indi (with arrow/alerts - if you have the time)
Added mtf,arrows, and alerts.
Hull moving average (mtf + arrows + alerts).ex4
(47.7 KiB) Downloaded 463 times
AUDCHFH4.png


Re: HMA - Hull Moving Average Indicators MT4

#86
mrtools wrote:
Mon May 27, 2019 1:14 am
Deez wrote:
Sat May 25, 2019 6:59 pm


Hi MrTools, could you please do an MTF version of this indi (with arrow/alerts - if you have the time)
Added mtf,arrows, and alerts.
mrtoolz u spoil us....... thx u so much for pretty mtf on this one coz now it is SIMPLY amazing :clap: :clap: :clap:

Re: HMA - Hull Moving Average Indicators MT4

#90
mikepilot89 wrote:
Mon Jun 03, 2019 12:23 pm
Where can I learn about filtering of the HMA and the best settings to use?
It's kind of a self adjusting deviation, with a choice to filter the prices, Hull value or both. Best I can say is to experiment to find the best values for your trading style.


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