The Hull Moving Average is a type of exponential moving average (EMA) designed to reduce lag and improve the responsiveness of the average to price changes. To calculate the HMA, choose the period you want to consider, such as 10, 20, 50, or 200 days. Then, you calculate the SMA and EMA for that period. Next, you calculate the HMA using the following formula: HMA = (2 x EMA) - SMA. The HMA is typically faster and more responsive to price changes than a regular EMA, but it also filters out some of the noise and volatility in the market.
