Hull Moving Average Color Changer Indicator Mt4
The arrows provide a very clear buy and sell signal.
Hull moving average color changer indicator mt4. Hma is used for determining market entries and exits. By alan hull back in 2005 when i was working on a new indicator i was temporarily sidetracked by trying to solve the problem of lag in moving averages the outcome of which was the hull moving average. Hull moving average 2 0 sr lines arrows this version of hma hull moving average mtf usual prices hma speed feature sr lines unique id and color for lines alerts arrows and more in picture the white magenta line by hma and red blue line by slope direction line indicator.
Now i m working in an ea and i use your indicator. When the price moves upwards the line is colored in violet when the price goes downwards the line color changes for red. Try hma color metatrader indicator in your mt4 platform.
The indicator principle is quite simple. It is very simple to use and anyone. Hull moving average provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Hi i downloaded your hma hull moving average and it works really well. Hull moving average with arrows coded into it. This is also known as hull moving average color indicator.
When prices are above the hull moving average indicator it tells you that there is an uptrend so you only look to buy. But i have a problem when i try to simulate my ea in the strategy tester in mt4 i can t modify the values of the hull because i dont have de source file. Hma is used for determining market entries and exits.
Read our tutorial on installing indicators below if you are not sure how to add this indicator into your trading platform. The hull moving average indicator can be traded just like a simple moving average indicator or the exponential moving average indicator.
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