3 versions of the Hull Average

Viewing 4 posts - 16 through 19 (of 19 total)

Author

Posts
01/19/2021 at 8:50 AM #158426 quote
Nicolas
Keymaster

Legend
Erratum, it is 7 and not 8 and they are together the same.
```
return average[20,7](typicalprice),HullAverage[20](typicalPrice)
```
The difference with the coded version could come from the rounding of the period.

nonetheless thanked this post
01/19/2021 at 12:44 PM #158478 quote
robertogozzi
Moderator

Legend
Predefined MM HULL (20 periods) uses TYPICALPRICE and matches exactly my two custom indicators:
```
Period = 20
src    = CustomClose
x1     = WeightedAverage[Period](src)
x2     = (2 * WeightedAverage[round(Period/2)](src)) - x1
HullMA = WeightedAverage[round(sqrt(Period))](x2)
RETURN HullMA
```
```
p = 20
RETURN average[p,7](TypicalPrice)
```
Predefined HULL MOVING AVERAGE (20 periods) uses CLOSE , so it cannot match the other two. If you use CLOSE also with the other predefined MM HULL (and custom ones) they will match.

The difference is not due to rounding.

x-6.jpg
01/19/2021 at 1:16 PM #158492 quote

nonetheless
Participant

Master

does CustomClose not need to be defined?

01/19/2021 at 1:28 PM #158498 quote

robertogozzi
Moderator

Legend

Using CustomClose implies the properties to ask users what price they want the indicator to be applied to (a dropdown list will allow you to select Close, Low, High, Open, TypicalPrice. MedianPrice, ….).

nonetheless thanked this post
Author

Posts

Viewing 4 posts - 16 through 19 (of 19 total)

You must be logged in to reply to this topic.

Login your account

New

Stuck on this ProBuilder code?

Describe what this topic is trying to build, in plain English, and ProRealAI writes the ProRealTime™ indicator, screener or system for you.

Available in 7 languages

3 versions of the Hull Average

ProOrder: Automated Strategies & Backtesting

New Reply

Author

nonetheless @nonetheless Participant

Summary

This topic contains 18 replies,
has 5 voices, and was last updated by robertogozzi
5 years, 8 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	01/18/2021
Status:	Active
Attachments:	9 files

Loading...