HMA Trend line
The HMA (Hull Moving Average) Trend Line AFL code for Amibroker stands out among traders. When integrated with Amibroker Data Feeder, this code becomes a robust tool. It calculates the Hull Moving Average, offering a smoother representation of price trends. Traders rely on this code to accurately identify trends and optimize entry and exit points in their strategies, leveraging real-time market data from Amibroker Data Feeder for precise analysis.
/_SECTION_BEGIN("Hull Moving Average");
// Hull Moving Average
P = ParamField("Price field",-1);
period = Param("Periodo",16,0,512);
sqrtperiod = sqrt(period);
Hull = WMA(2*WMA(P,period/2)-WMA(P,period),LastValue(sqrtperiod));
Colore = IIf(Hull >= Ref(Hull,-1),ParamColor("Colore Up",colorWhite),ParamColor("Colore Down",colorViolet));
Plot(Hull,"Hull",Colore,ParamStyle("Style")+styleNoTitle);
Plot(Close,"Close",IIf(C>=O,colorGreen,colorRed),styleCandle,styleThick);
_SECTION_END();