Hull Channel

Category: Indicators By: Ichimoku Reading Created: September 7, 2020, 10:32 AM
September 7, 2020, 10:32 AM
Indicators
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Here is a channel calculated on the same principles as Bollinger, this one is averaged over the last 9/26/52 period
The calculation method used is that of Hull.
This indicator closely tracks the trend using reliable periods via ichimoku values.
The regularity of the ichimoku is given using the Hull method, which provides a regular channel by monitoring price volatility.
In particular, a channel that is too wide can lead to a high degree of uncertainty or a sudden change in the trend, so it is a good idea to stay out of the way during this kind of phase.
Sincerely yours,

IV

 

//
//==================== Indicateur

MM1 = 2*WeightedAverage[round(20/2)](close) - WeightedAverage[20](close)
MM = WeightedAverage[round(SQRT(20))](MM1)


Bolup1 = MM+STD[9]*1.0
Boldw1 = MM-STD[9]*1.0
Bolup2 = MM+STD[26]*1.0
Boldw2 = MM-STD[26]*1.0
Bolup3 = MM+STD[52]*1.0
Boldw3 = MM-STD[52]*1.0
Bolup = (Bolup1+Bolup2+Bolup3)/3
Boldw = (Boldw1+Boldw2+Boldw3)/3
Centralite = (Bolup+Boldw)/2

Bolup11 = MM+STD[9]*1.25
Boldw11 = MM-STD[9]*1.25
Bolup22 = MM+STD[26]*1.25
Boldw22 = MM-STD[26]*1.25
Bolup33 = MM+STD[52]*1.25
Boldw33 = MM-STD[52]*1.25
XBolup1 = (Bolup11+Bolup22+Bolup33)/3
XBoldw1 = (Boldw11+Boldw22+Boldw33)/3

Bolup111 = MM+STD[9]*0.75
Boldw111 = MM-STD[9]*0.75
Bolup222 = MM+STD[26]*0.75
Boldw222 = MM-STD[26]*0.75
Bolup333 = MM+STD[52]*0.75
Boldw333 = MM-STD[52]*0.75
XBolup2 = (Bolup111+Bolup222+Bolup333)/3
XBoldw2 = (Boldw111+Boldw222+Boldw333)/3

if Centralite > Centralite[1] then
 RC = 36
 GC = 147
 BC = 219
elsif Centralite < Centralite[1] then
 RC = 101
 GC = 101
 BC = 101
endif

return Bolup coloured(RC,GC,BC) style(line,2) as "ZoneAchat", Boldw coloured(RC,GC,BC) style(line,2) as "ZoneVente", XBolup1 coloured(73,73,73,70) style(dottedline,1) as "ZoneAchatSecondaire1", XBoldw1 coloured(73,73,73,70) style(dottedline,1) as "ZoneVenteSecondaire1",XBolup2 coloured(73,73,73,70) style(dottedline,1) as "ZoneAchatSecondaire2", XBoldw2 coloured(73,73,73,70) style(dottedline,1) as "ZoneVenteSecondaire2", Centralite coloured(RC,GC,BC) as "Centralite"

Download
Filename: Hull-Canal.itf
Downloads: 214
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