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.
This version makes that lag even lesser and still keeps the smoothing of the Hull Average thus making it even "faster". This is the zero lag variation of Hull Moving Average.
Hi! Can you add a channel with the ability to change the width of the channel, like the deviation function of the Envelopes or Bollinger Bans indicator? Thanks
Zero lag Hull Average:
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.
This version makes that lag even lesser and still keeps the smoothing of the Hull Average thus making it even "faster". This is the zero lag variation of Hull Moving Average.
Author: Mladen Rakic