Plotting Hull Moving Average

mhaqmd · **Joined:** Sun Jan 16, 2011 12:06 pm **Posts:** 58

I want to make my first indicator and do not know how to start. I have read the manual from your web site. I an posting the formula and I will be greatful if you guide me how to get it done
Thanks a lot :?:

Formula:
HMA(n) = WMA(2*WMA(n/2) – WMA(n)),sqrt(n))

where HMA=Hull moving average that I want to calculate
n= period
WMA = Weighted moving average

It seems to be that we first need to calculate WMA and then somehow incorporate that in the above formula.

molanisfx · **Joined:** Tue Dec 22, 2009 12:22 am **Posts:** 1761

Just this week, 2 people posted that indicator.
Search for hull here viewtopic.php?f=3&t=162

If you want to do it your self, you need to find the WMA in internet (mt4 does not come with the WMA), then import it and use it in the indicator builder.

mhaqmd · **Joined:** Sun Jan 16, 2011 12:06 pm **Posts:** 58

Can WMA be coded using indicator builder??

Thanx

molanisfx · **Joined:** Tue Dec 22, 2009 12:22 am **Posts:** 1761

The indicator builder has an advanced option to create SMA. If you need WMA is best to get it from an external indicator since building is quite complex.

molanis.com/forum - Tools for MetaTrader : The place to ask about the best expert advisor builder, expert advisor downloads, and expert advisor programming

Plotting Hull Moving Average