Faster in-and-out on trends, safer entry and exit signals in chop or consolidation. Base setup is 6 & 8 for longer time frames such as 4hr or 8hr; ideal or FX, Crypto, or volatile instruments. I haven't experimented with using this on lower time charts and adjusting the settings; if you do, drop a comment.
Otherwise, I have and do trade with HMA; but lately the McGinley Dynamic is proving to be superior for keeping you in trends longer where HMA would have you enter and exit at every small reversal in price.
Here's a quick example of HMA, EMA, and WMA calculation of TRIX:
HMA has too much noise, very poor entry & exit signals if I double or triple the length
WMA is still too tight and doesn't position correctly or too sensitive to chop/consolidation
EMA rides the trend tight enough that you're profitable and relaxed enough to keep you in a trend until there is a large enough shift