Indicator of the day 14/06/2020

Hull Moving Average (HMA)

The Hull Moving Average (HMA), developed by Alan Hull, is an extremely fast and smooth moving average. In fact, the HMA almost eliminates lag altogether and manages to improve smoothing at the same time.

How this indicator works?

A longer period HMA may be used to identify trend. If the HMA is rising, the prevailing trend is rising, indicating it may be better to enter long positions. If the HMA is falling, the prevailing trend is also falling, indicating it may be better to enter short positions

Calculation

1. Calculate a Weighted Moving Average with period n / 2 and multiply it by 2

2. Calculate a Weighted Moving Average for period n and subtract if from step 1

3. Calculate a Weighted Moving Average with period sqrt(n) using the data from step 2

HMA= WMA(2*WMA(n/2) − WMA(n)),sqrt(n))

Try the Hull Moving Average now and increase your profit.

(Reference: Fidelity.com)

Download the Hull Moving Average indicator https://drive.google.com/file/d/1KiNhDgkjf7uB3T2WzLXeU_J_KaRkHPRb/view?usp=sharing