I've been asking for this concept for a while, a simple MA that rides the top side of the trend instead of the bottom, and by accident came across the 'Hull ma' on a TV blog post. I've added another two simple Moving averages to act as strength indicator with close proximity to the price.
The strategy is simple MA cross over but with the early indication using Hull ma gives you a heads up on trend / price reversal.
I'm using this in conjunction with BB set at 34. on a 1/3/5 min charts & Heiken Ashi to smooth out the noise with awesome success trading Binary options.
The strategy is simple MA cross over but with the early indication using Hull ma gives you a heads up on trend / price reversal.
I'm using this in conjunction with BB set at 34. on a 1/3/5 min charts & Heiken Ashi to smooth out the noise with awesome success trading Binary options.
//Script edited by vdubus study(title="vdubsox ", shorttitle="vdubsox ", overlay=true) //--------------------Strength indicators MA------------------ m4_src = close m4_p = input(5, title="Strength indicator MA4:") plot(sma(m4_src, m4_p), color=red, linewidth=3, title="Strength indicator MA4") m5_src = close m5_p = input(8, title="Strength indicator MA5:") plot(sma(m5_src, m5_p), color=blue, linewidth=3, title="Strength indicator MA5") //=============Hull MA============================== source = close, length = input(9, minval=1) hullma = wma(2*wma(source, length/2)-wma(source, length), round(sqrt(length))) plot(hullma)