Hull moving average (ema based) – indicator MetaTrader 4
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Original Hull moving average is calculated using LWMA (Linear Weighted Moving Average). But sometimes that way of calculation tends to overshootÂ
Possible solution for that is to use some other average method to calculate Hull
This version :
is using EMA (Exponential Moving Average) for calculation and it seems to be helping in the overshooting while keeping the signals at almost the same positions.Â
is having the additional “speed” parameter (which can be helpful for further filtering out signals without changing the Hull period)
Recommended usage :
You can use color changes as signals for trend change
Fibonacci-based Moving Averages indicator -… Description: This indicator is EMAs drawn by Fibonacci numbers. There are part1 and part2: Part1-->EMA 34(High,Close,Low), 55, 89, 144, 200…
