An EMA-Based Hull Moving Average with a Speed Filter

Summary

The document describes a variation of the Hull moving average that substitutes an exponential moving average for the conventional linear weighted moving average. It presents this change as a way to reduce overshooting while keeping signal locations broadly similar. The indicator also adds a speed parameter, which can filter signals without changing the main Hull period. Color changes are suggested as possible indications of trend shifts.

These are qualitative claims only: the document provides no formula, parameter guidance, chart examples, backtest, or comparison measuring overshoot and signal timing. It does not define how the speed setting filters signals or establish whether color changes produce reliable entries or exits. The variation is therefore best understood as an indicator concept to investigate, rather than evidence of a profitable trading strategy. Results may depend on the instrument, timeframe, and chosen settings.

Key ideas

• The variation uses an exponential average in place of the conventional linear weighted average.
• The stated aim is to reduce overshooting while keeping signal locations similar.
• A speed setting offers an additional way to filter signals without changing the Hull period.
• Color changes are proposed as clues to possible trend changes.
• No empirical comparison or parameter guidance is provided.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.