auroagwei

Dickinson Moving Average (DMA)

auroagwei Updated   
Implementation of the "Dickinson Moving Average" from the r/algotrading post by Nathan Dickinson

Quoted from the author of the Dickinson Moving Average:
"I was experimenting with the “zero lag” code from John Ehlers and the Hull Moving Average and noticed that they seemed to respond in complementary ways when properly set up. With the right starting values, they blend together to make a moving average which responds with one (or maybe even half a bar) of lag. To my eye, it looks to be almost as good as the Jurik Moving Average."

Optional parameter input available to use Exponential Hull Moving Average (EHMA) instead of WMA for the Hull MA is available.

Acknowledgements/Credits:
  • Nathan Dickinson, Dickinson Moving Average
  • @RicardoSantos, Function for Hull Moving Average
  • Exponential Hull Moving Average sourced from:
    // Raudys, Aistis & Lenčiauskas, Vaidotas & Malčius, Edmundas. (2013). Moving Averages for Financial Data Smoothing.
    // Communications in Computer and Information Science. 403. 34-45. 10.1007/978-3-642-41947-8_4.
  • @Everget, Jurik Moving Average
Release Notes:
Correction in code for author name:
- Nathan Dickson, Dickson Moving Average
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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