MHLMA

Modified on 2016/06/30 12:27 by Eugene — Categorized as: TASCIndicators

Syntax

public MHLMA(Bars bars, int highPeriod, int movPeriod, WhichMA option, string description)
public static MHLMA Series(Bars bars, int highPeriod, int movPeriod, WhichMA option)

public enum WhichMA { SMA, EMA }

Parameter Description

bars	Bars used to build MHL MA
highPeriod	Period to determine the highest high and low e.g. 15 bars
movPeriod	MHL MA smoothing period e.g. 50 bars
option	Choice of moving average to smooth the MHL MA: either EMA or SMA

Description

Created by Vitali Apirine, the MHL MA (middle high-low moving average) from August 2016 issue issue of Technical Analysis of Stocks & Commodities magazine is a moving average applied to the middle of the high-low range that helps determine the direction of a trend.

Interpretation

Use the same rules that we apply to SMA when interpreting MHL MA.

Example

Please refer to TASC August 2016 issue, "The Middle-High-Low Moving Average (Apirine)".