BTCUSDT
Open source version of the Hull Weighted Exponential Moving Average as described by Vincent Charles in [Hull-WEMA: A Novel Zero-Lag Approach in the Moving Average Family]
█ OVERVIEW
The study takes into considerations two variants of MA.
Namely:
WEMA, which was introduced in 2013, has been widely used in different scenarios but still suffers from lags.
To address this shortcoming, a novel zero-lag Hull-WEMA method is proposed that combines HMA and WEMA.
Results show that the new approach achieves a better accuracy level than both HMA and WEMA.
█ SIGNALS
The indicator generates:
Open source version of the Hull Weighted Exponential Moving Average as described by Vincent Charles in [Hull-WEMA: A Novel Zero-Lag Approach in the Moving Average Family]
█ OVERVIEW
The study takes into considerations two variants of MA.
Namely:
- Weighted Exponential Moving Average (WEMA)
- Hull Moving Average (HMA)
WEMA, which was introduced in 2013, has been widely used in different scenarios but still suffers from lags.
To address this shortcoming, a novel zero-lag Hull-WEMA method is proposed that combines HMA and WEMA.
Results show that the new approach achieves a better accuracy level than both HMA and WEMA.
█ SIGNALS
The indicator generates:
- a LONG signal when switching color from RED to GREEN
- a SHORT signal when switching color from GREEN to RED
Additionally is available an option to color the candles on your chart to confirm the signals and filter ranges.
發布通知:
█ ADDED ALERTS
Is now possible to create alerts to trigger when "Long", "Short" or "Both" conditions are satisfied.
To do so:
Is now possible to create alerts to trigger when "Long", "Short" or "Both" conditions are satisfied.
To do so:
- go into the indicator settings
- change the "Alerts" option to "Long", "Short" or "Both" as you prefer
- click on the Alert button from the toolbox on top of the chart
- under the "Condition" section choose "HWEMA"
- under the "Alert actions" section choose where you want to receive the alerts
- under the "Alert name" section you can delete everything except for HWEMA
- click "Create" to start receiving alerts