OPEN-SOURCE SCRIPT
Updated Dickinson Moving Average (DMA)
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:
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 creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.