This indicator implements the .
The ( ), developed by Alan Hull, is an extremely
fast and . In fact, the almost eliminates lag
altogether and manages to improve smoothing at the same time. A longer
period may be used to identify trend. If the is rising, the
prevailing trend is rising, indicating it may be better to enter long
positions. If the is falling, the prevailing trend is also falling,
indicating it may be better to enter short positions. A shorter period
may be used for entry signals in the direction of the prevailing trend.
The Source for price can be defined. i.e. Close, Open, High, Low, etc.
The period length used can be defined.
MA Line colour is fully configurable.
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