hwc

API documentation for pandas_ta.volatility.hwc Python function.

hwc(close, na=None, nb=None, nc=None, nd=None, scalar=None, channel_eval=None, offset=None, **kwargs)

HWC (Holt-Winter Channel)

Channel indicator HWC (Holt-Winters Channel) based on HWMA - a three-parameter moving average calculated by the method of Holt-Winters.

This version has been implemented for Pandas TA by rengel8 based on a publication for MetaTrader 5 extended by width and percentage price position against width of channel.

Sources:

https://www.mql5.com/en/code/20857

Calculation:

HWMA[i] = F[i] + V[i] + 0.5 * A[i] where.. F[i] = (1-na) * (F[i-1] + V[i-1] + 0.5 * A[i-1]) + na * Price[i] V[i] = (1-nb) * (V[i-1] + A[i-1]) + nb * (F[i] - F[i-1]) A[i] = (1-nc) * A[i-1] + nc * (V[i] - V[i-1])

Top = HWMA + Multiplier * StDt Bottom = HWMA - Multiplier * StDt where.. StDt[i] = Sqrt(Var[i-1]) Var[i] = (1-d) * Var[i-1] + nD * (Price[i-1] - HWMA[i-1]) * (Price[i-1] - HWMA[i-1])

Args:

na - parameter of the equation that describes a smoothed series (from 0 to 1) nb - parameter of the equation to assess the trend (from 0 to 1) nc - parameter of the equation to assess seasonality (from 0 to 1) nd - parameter of the channel equation (from 0 to 1) scaler - multiplier for the width of the channel calculated channel_eval - boolean to return width and percentage price position against price close (pd.Series): Series of ‘close’s

Kwargs:

fillna (value, optional): pd.DataFrame.fillna(value) fill_method (value, optional): Type of fill method

Returns:

pd.DataFrame: HWM (Mid), HWU (Upper), HWL (Lower) columns.