Fast ema Hull average – indicator MetaTrader 5

Fast ema Hull average - indicator for MetaTrader 5
Theory : Original Hull moving average is calculated as LWMA[square root(period), (2*LWMA(period/2, price)-LWMA(period, price)] (where LWMA is Linear Weighted Moving Average). That kind of calculation produces rather smooth average with acceptable lag. Some other average types have been used too, but they tend to produce lag that is exceeding the lag of the original Hull … Read more

Rsi (var) – Hull – indicator MetaTrader 5

Rsi (var) - Hull - indicator for MetaTrader 5
As it has been explained a couple of times, RSI, in its original form, uses what is sometimes called Wilders EMA for calculation (in values, it is exactly the same as SMMA (Smoothed Moving Average)). Replacing that average with some other type results in producing a completely different type of RSI than the original RSI … Read more

Schaff trend cycle – Hull – indicator MetaTrader 5

Schaff trend cycle - Hull - indicator for MetaTrader 5
Theory : Schaff trend cycle, as defined and described by Dough Schaff, is a sort of double stochastic of a macd. Macd is calculated as em(fast) – ema(slow). Here is a version that replaces ema in the calculation with Hull average. Usage : The usual way Schaff trend cycle is used – color changes can … Read more

Hull ribbon – indicator MetaTrader 5

Hull ribbon - indicator for MetaTrader 5
Theory : This “ribbon” indicator is using an Hull moving average variation indicator that was originally published (with some more explanation) here : Hull Variation This version : It is using the “speed” property of the Hull variation indicator to construct a ribbon. That makes a sort of two indicators crosses, even without changing the … Read more