HMA (Function)

The HMA function calculates the Hull Moving Average..

Syntax

HMA(Price,Length)

Returns (Double)

A numeric value for the current bar.

Parameters

Name	Type	Description
Price	Numeric	Specifies which bar value (price, function, or formula) to use.
Length	Numeric	Sets the number of bars to consider.

Remarks

The HMA function is typically used to provide a moving average that responds faster to changes in trend direction while maintaining a smooth curve.

HMA = WAverage( 2 * WAverage( Price, IntPortion( Length * 0.5 ) ) - WAverage( Price, Length ), IntPortion( SquareRoot( Length ) ) )

The input parameter Price can be a bar value such as Close, High, Low, Open, or Volume. It can also be any mathematical calculation such as (High + Low) / 2, or a numeric function such as RSI, Stochastic, or ADX.

The value for the Length input parameter should always be a positive whole number.

Examples

Assigns the 9 bar Hull moving average of the Close to Value1, then plots Value1:

Value1 = HMA(Close,9);

Plot1(Value1, "AvgClose");