Hull Moving Average - MetaTrader 4 Script - MQL5 #25629 - MT4/MT5 Resource

By definition:

Since then HMA has developed charting plans around the world and regularly discusses them on trader bulletin boards in different languages ​​around the world. This is a result of my putting intellectual curiosity into the public domain by writing the article below by Alan Hull .

The Hull Moving Average solves the age-old conundrum of moving averages being more sensitive to current price activity on average while maintaining curve smoothness. In fact, HMA almost completely eliminates latency and manages to improve smoothness at the same time.

To understand how it achieves these two opposite results we need to start with an easy-to-understand framework. The chart below contains the 16-week simple moving average which continues to lag price activity and is less smooth.

There are several reasons for publishing this indicator into the Metatrader 4 codebase:

Attachment download

📎hull_moving_average.mq4 (13.94 KB)

Source: MQL5 #25629