trinomal implementation

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trinomal implementation

Guowen Han

Hi, all;

I am currently studing the Hull-White trinomial implementation in QuantLib. I have two questtions regarding this.
1. The trinomial implementation does not follow HW's tree-building procedure, is there any background theory for this?
2. Current implementation is suspicious when  "isPositive = true". It only cuts off the negative portion of the tree without using three different branching methods.


Thanks.

Guowen