Rainbow Hull Moving Average Display with Gradually Changing Periods
Summary
Rainbow_HMA is a chart indicator that overlays sixty Hull moving averages, with their averaging periods changing progressively. Its inputs set the starting length, the initial and final increments used to vary the averaging depth, the applied price, and horizontal or vertical display shifts. The result is intended to show several smoothed views of the same price series together, making differences across averaging horizons visible in one chart.
The description identifies the indicator’s configuration and notes that its implementation uses a smoothing-algorithm library for intermediate calculations. It does not specify the exact sequence of all sixty periods, explain how to interpret crossings or spacing, or provide examples, trading rules, or backtest results. A multi-line moving-average display can help visualize smoothing at different horizons, but this entry alone does not show that the display yields reliable signals. Its usefulness and responsiveness would depend on the selected inputs, price series, and market.
Key ideas
- The indicator plots sixty Hull moving averages on one chart.
- Their averaging periods vary progressively from a configurable starting length.
- Inputs also control period increments, applied price, and display shifts.
- The description gives no signal rules or evidence of trading performance.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.