Definition
The HMA manages to keep up with rapid changes in price activity whilst having superior smoothing over an SMA of the same period. The HMA employs weighted moving averages and dampens the smoothing effect (and resulting lag) by using the square root of the period instead of the actual period itself. Developed by Alan Hull.
Syntax
HMA(int period)
HMA(IDataSeries inputData, int period)
Returns default value
HMA(int period)[int barsAgo]
HMA(IDataSeries inputData, int period)[int barsAgo]
Return Type
double; Accessing this method via an index value [int barsAgo] returns the indicator value of the referenced bar.
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Parameters |
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period |
The number of bars to include in the calculation |
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inputData |
Indicator source data (?) |
Examples
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// Prints the current value of a 20 period HMA using default price type
// Prints the current value of a 20 period HMA using high price type
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Source Code
You can open up the indicator source code via the NinjaScript Editor.