The idea for this script came when I studied how the Hull moving average should be used in trading, where I saw someone who used two HMA's, a longer and a shorter one, in a system in which he only placed an order if these agree on direction. This way he could pause trading when there is no direction (sideways movement). I look for a way to analyse range extensions...
This study demonstrates 15 different common moving averages.
SMA, Double SMA, Triple SMA
EMA, Double EMA, Triple EMA
WMA, Double WMA, Triple WMA
VWMA, Double VWMA, Triple VWMA
Hull, Double Hull, Triple Hull
Buy/Sell alerts are given for crossover/under conditions.
Triangles at the bottom, pointing up are buy signals. Triangles at the top, pointing down, are sell signals
double hull moving average crossover
hull moving average / volume weighted moving average crossover
Red dot = SELL
Green dot = BUY
Longest MA color change to green = BUY
Longest MA color change to red = SELL
Two Moving_Average cross's & Daily_Candle cross
Based on Hull_MA
Developed by Alan Hull, it is an indicator, that solves the problem with making a moving average more reactive to current price activity. The Hull Moving Average almost eliminates lag and manages to improve smoothing.
The HMA manages to stick to rapid changes in price activity, as it has superior...
Source for Exponential Hull Moving Average (EHMA) formula:
Raudys, Aistis & Lenčiauskas, Vaidotas & Malčius, Edmundas. (2013). Moving Averages for Financial Data Smoothing. Communications in Computer and Information Science. 403. 34-45. 10.1007/978-3-642-41947-8_4.
The Exponential Hull Moving Average is nearly identical to the Hull MA, but EMA used instead of...