Moving Average Hull

moveh

Function Name: moveh

Tags: Moving Averages

Category: Trend

The Hull Moving Average (HMA) indicator was developed by Alan Hull, an Australian technical analyst. This indicator is a very fast Moving Average and in fact it almost eliminates lag altogether and is also improving the smoothing at the same time.

A moving average is generally used for trend identification. Attention is given to the direction in which the average is moving and to the relative position of prices and the moving average. Rising moving average values (direction) and prices above the moving average (position) would indicate an uptrend. Declining moving average values and prices below the moving average would indicate a downtrend.

 

Author:   Alan Hull

 

Parameters

period

 

Default Value: 20  |  Minimum: 2  |  Maximum: 9999

 

Type: Numeric