Hull_Moving_Average





//+------------------------------------------------------------------+
//|                                          Hull_Moving_Average.mq4 |
//|           Copyright © 2007 , transport_david , David W Honeywell |
//|                                     hellonwheels.trans@gmail.com |
//+------------------------------------------------------------------+

#property copyright "Copyright © 2007 , transport_david , David W Honeywell"
#property link      "hellonwheels.trans@gmail.com"

// The formula used can be found at http://www.linnsoft.com/tour/techind/movAvg.htm

// HMA = WMA(2*WMA(PRICE, n) - WMA(PRICE, n/2), sqrt(n))

#property indicator_chart_window

#property indicator_buffers 1

#property indicator_color1 DeepSkyBlue

extern int HUll_Periods = 6, Applied_Price = 0, ShowBars = 10500;

double Hull[];
double Calc[];

//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- indicators
   
   IndicatorBuffers(2);
   
   SetIndexStyle(0,DRAW_LINE,STYLE_SOLID,2);
   SetIndexEmptyValue(0,0.0);
   SetIndexBuffer(0,Hull);
   
   SetIndexEmptyValue(1,0.0);
   SetIndexBuffer(1,Calc);
   
   SetIndexLabel(0,"Hull_Moving_Average ( "+HUll_Periods+" )");
   
   IndicatorShortName(" Hull_Moving_Average ( "+HUll_Periods+" )");
   
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
//----
   
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
  {
   int    counted_bars=IndicatorCounted();
//----
   int shift = ShowBars;
   
   if (ShowBars > Bars) ShowBars = Bars;
   
   // HMA = WMA(2*WMA(PRICE, n) - WMA(PRICE, n/2), sqrt(n))
   
   for ( shift = ShowBars; shift >= 0; shift-- )
    {
      
      double Exp = 2;
      
      double firstwma = iMA(NULL,0,HUll_Periods,0,MODE_LWMA,Applied_Price,shift);
      
      double secondwma = iMA(NULL,0,MathFloor(HUll_Periods/2),0,MODE_LWMA,Applied_Price,shift);
      
      Calc[shift] = (Exp*firstwma)-secondwma;
      
    }
   
   for ( shift = ShowBars; shift >= 0; shift-- )
    {
      
      Hull[shift] = iMAOnArray(Calc,0,MathFloor(MathSqrt(HUll_Periods)),0,MODE_LWMA,shift);
      
    }
   
//----
   return(0);
  }
//+------------------------------------------------------------------+



Sample





Analysis



Market Information Used:



Indicator Curves created:

Implements a curve of type DRAW_LINE


Indicators Used:

Moving average indicator


Custom Indicators Used:

Order Management characteristics:

Other Features: