Hull Moving Average HMA

The Hull Moving Average (HMA) is a Moving Average created by Allan Hull and described in his book Active Investing. The formula for the HMA is:

HMA = WMA(2*WMA(PRICE, N/2) - WMA(PRICE, N), SQRT(N)) where… HMA = Hull Moving Average WMA = Weighted Moving Average PRICE = The asset's price N = Period SQRT = Square Root

The HMA is a linear regression (aka least squares) calculation.