The Hull Moving Average (HMA), developed by Alan Hull, is an extremely fast and smooth Moving Average that almost eliminates lag altogether and manages to improve smoothing at the same time. For that, Alan wrote an equation for the calculation of this Moving Average like this. HMA is used for determining market entries and exits.The indicator principle is quite simple: when the price metatrdaer upwards, the line is colored in violet, when the price goes downwards, the line color changes for red.The indicator color may change at the current bar, therefore, its main function is not a color but the price location.
Sign Up Now. Bradman, Your are right to try to get an EA for HMA. It will probably be the most effective Gambar grafik forex ever made. Was glad to be able to download HMA 2 color.mq4 after considerable search and several less reliable versions. Unfortunately, have so little experience with HMA (about 24 hours) with only one good trade so far. Free Forex Trading eBooks, MetaTrader Expert Advisors, Indicators, and ScriptsTraders utilizing these Free Downloads do so at their own risk.
Care should be taken to understand the technical indicators, which currency pairs it should be used for, and which market conditions are most ideal. Actually the line is preffered not to be there just the arrows and the alert and maybe the option to turn off the alarm and change colors of the arrows. TheWicker:Attached is a coloured Hull MA. I have the buy and sell arrows showing but they aaverage not in the right place.
Any help is appreciated.BV. Hull moving average.This one is a version for metatrader 5 with a twist in it.It can adapt its style depending on the chart style. That way you can get the following display (all 3 are the same indicator and the only thing that is done is that the chart type was change - none of the parameters in indicator was changed)PS: if metatrader hull moving average ea download prefer some fixed display style, you can always choose it from the style parameter, in which case it ignores the chart style.