Updated

Henderson Weighted Moving Average

4 684
Henderson Weighted Moving Average script.

This indicator was originally developed by Robert Henderson in 1916 (Transaction of Actuarial Society of America, 17, pp. 43-48: Note on Graduation by Adjusted Average).
Release Notes
  • Add line coloring
Release Notes
  • Pine Script V6
  • Optimized the formula
  • Added Bar Colors highlight
  • Added Background Colors highlight
  • Improved settings UI with tooltips
  • Improved alert names and messages

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