Alan Hull developed Hull Moving Average in 2005 in his quest to create a moving average that is "responsive to current price activity while maintaining curve smoothness". Hull claims that his moving average "almost eliminates lag altogether and manages to improve smoothing at the same time".
Nice indicator. Would it be hard to have a colored bars at the bottom of chart for change in Hull moving average color a bit like the attached link mql5.com/en/market/product/5634
scarf
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Nice script. Any reasoning behind the use of 4 & 108 MAs? They're pretty atypical
SeaSide420
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@scarf, when backtested MT4 robot on NZDUSD that is the MA periods for best result. ss420fx.blogspot.com change MA periods to suit your chosen broker/pair