//+------------------------------------------------------------------+ //| HMA.mq5 | //| Copyright 2025, xxxxxxxx | //| | //+------------------------------------------------------------------+ #property copyright "Copyright 2025, xxxxxxxx" #property link "" #property version "1.00" #property description "Hull Moving Average (HMA)" //--- Indicator Window and Plot Properties --- #property indicator_chart_window #property indicator_buffers 4 // HMA, and 3 calculation buffers #property indicator_plots 1 //--- Plot 1: HMA line #property indicator_label1 "HMA" #property indicator_type1 DRAW_LINE #property indicator_color1 clrDeepPink #property indicator_style1 STYLE_SOLID #property indicator_width1 2 //--- Input Parameters --- input int InpPeriodHMA = 14; // HMA Period input ENUM_APPLIED_PRICE InpAppliedPrice = PRICE_CLOSE; // Applied Price //--- Indicator Buffers --- double BufferHMA[]; // Final HMA line double BufferWMA_Half[]; // WMA(period/2) double BufferWMA_Full[]; // WMA(period) double BufferRawHMA[]; // Raw HMA (2*WMA_Half - WMA_Full) //--- Global Variables --- int ExtPeriodHMA; int handle_wma_half; int handle_wma_full; //--- Include for WMA calculation --- #include //+------------------------------------------------------------------+ //| Custom indicator initialization function. | //+------------------------------------------------------------------+ void OnInit() { //--- Validate and store input period ExtPeriodHMA = (InpPeriodHMA < 1) ? 1 : InpPeriodHMA; //--- Map the buffers SetIndexBuffer(0, BufferHMA, INDICATOR_DATA); SetIndexBuffer(1, BufferWMA_Half, INDICATOR_CALCULATIONS); SetIndexBuffer(2, BufferWMA_Full, INDICATOR_CALCULATIONS); SetIndexBuffer(3, BufferRawHMA, INDICATOR_CALCULATIONS); //--- Create handles to the standard iWMA indicator int period_half = (int)MathMax(1, MathRound(ExtPeriodHMA / 2.0)); handle_wma_half = iMA(_Symbol, _Period, period_half, 0, MODE_LWMA, InpAppliedPrice); handle_wma_full = iMA(_Symbol, _Period, ExtPeriodHMA, 0, MODE_LWMA, InpAppliedPrice); if(handle_wma_half == INVALID_HANDLE || handle_wma_full == INVALID_HANDLE) { Print("Error creating iWMA handles."); return; } //--- Set indicator display properties IndicatorSetInteger(INDICATOR_DIGITS, _Digits); PlotIndexSetInteger(0, PLOT_DRAW_BEGIN, ExtPeriodHMA + (int)MathFloor(MathSqrt(ExtPeriodHMA)) - 1); IndicatorSetString(INDICATOR_SHORTNAME, StringFormat("HMA(%d)", ExtPeriodHMA)); } //+------------------------------------------------------------------+ //| Hull Moving Average calculation function. | //+------------------------------------------------------------------+ int OnCalculate(const int rates_total, const int prev_calculated, const datetime &time[], const double &open[], const double &high[], const double &low[], const double &close[], const long &tick_volume[], const long &volume[], const int &spread[]) { //--- Check if there is enough data if(rates_total < ExtPeriodHMA) return(0); //--- Check if the source WMA indicators have calculated their data if(BarsCalculated(handle_wma_half) < rates_total || BarsCalculated(handle_wma_full) < rates_total) return(0); //--- STEP 1 & 2: Get the two WMA values if(CopyBuffer(handle_wma_half, 0, 0, rates_total, BufferWMA_Half) <= 0 || CopyBuffer(handle_wma_full, 0, 0, rates_total, BufferWMA_Full) <= 0) { return(0); } //--- STEP 3: Calculate the raw HMA data for(int i = 0; i < rates_total; i++) { BufferRawHMA[i] = 2 * BufferWMA_Half[i] - BufferWMA_Full[i]; } //--- STEP 4: Smooth the raw HMA with another WMA to get the final HMA int period_sqrt = (int)MathMax(1, MathRound(MathSqrt(ExtPeriodHMA))); // We use our stable, manual calculation loop for the final smoothing ArraySetAsSeries(BufferRawHMA, false); // WMA function needs non-timeseries ArraySetAsSeries(BufferHMA, false); for(int i = ExtPeriodHMA - 1; i < rates_total; i++) { BufferHMA[i] = LinearWeightedMA(i, period_sqrt, BufferRawHMA); } return(rates_total); } //+------------------------------------------------------------------+ //+------------------------------------------------------------------+