OPEN-SOURCE SCRIPT
CryptoCoyns HullMA [v2018-12-10]
CryptoCoyns Hull Moving Average
This indicator implements the Hull moving average.
The Hull Moving Average (HMA), developed by Alan Hull, is an extremely
fast and smooth moving average. In fact, the HMA almost eliminates lag
altogether and manages to improve smoothing at the same time. A longer
period HMA may be used to identify trend. If the HMA is rising, the
prevailing trend is rising, indicating it may be better to enter long
positions. If the HMA is falling, the prevailing trend is also falling,
indicating it may be better to enter short positions. A shorter period
HMA may be used for entry signals in the direction of the prevailing trend.
The Source for price can be defined. i.e. Close, Open, High, Low, etc.
The period length used can be defined.
MA Line colour is fully configurable.
If you get some value out of this indicator please consider making
a small donation to my favourite charity the Save the Childrens Fund.
Every donation will make a difference to the lives of children.
All donations over $2 are tax deductable. You can donate here:
savethechildrenfundraising.org.au/cryptocoyn
Copyright (c) 2018, Grant Cause aka CryptoCoyns
This indicator implements the Hull moving average.
The Hull Moving Average (HMA), developed by Alan Hull, is an extremely
fast and smooth moving average. In fact, the HMA almost eliminates lag
altogether and manages to improve smoothing at the same time. A longer
period HMA may be used to identify trend. If the HMA is rising, the
prevailing trend is rising, indicating it may be better to enter long
positions. If the HMA is falling, the prevailing trend is also falling,
indicating it may be better to enter short positions. A shorter period
HMA may be used for entry signals in the direction of the prevailing trend.
The Source for price can be defined. i.e. Close, Open, High, Low, etc.
The period length used can be defined.
MA Line colour is fully configurable.
If you get some value out of this indicator please consider making
a small donation to my favourite charity the Save the Childrens Fund.
Every donation will make a difference to the lives of children.
All donations over $2 are tax deductable. You can donate here:
savethechildrenfundraising.org.au/cryptocoyn
Copyright (c) 2018, Grant Cause aka CryptoCoyns
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. You can favorite it to use it on a chart.
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Disclaimer
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