Hull Moving Average MetaTrader 5 Download — Free

💰The Hull Moving Average (HMA) is a technical indicator developed by Alan Hull to enhance the performance of traditional moving averages by reducing lag and improving the accuracy of trend identification.

source :
https://tradingfinder.com/products/indicators/mt5/hull-moving-average-free-download/

free indicator download:
https://cdn.tradingfinder.com/file/247869/hull-moving-average-mt5-by-tflab-v1-2.zip

This tool is particularly valuable for traders using the MetaTrader 5 platform, as it facilitates the clear identification of short-term and mid-term trends.

💰Indicator Specifications

• Category: Trading Tool — Momentum — Volatile​TradingFinder
• Platform: MetaTrader 5​
• Skill Level: Intermediate​
• Indicator Type: Reversal — Range​Forex Factory
• Timeframe
• Trading Style
• Trading Market: All Markets
• Hull Moving Average in an Uptrend

In an uptrend, the HMA provides signals that can assist traders in making informed decisions. For example, on a 1-hour price chart of Silver against the US Dollar (XAG/USD), an initial buy signal is generated when the price crosses from below to above the HMA line. A steep upward slope of the HMA further indicates increasing buyer strength and the potential continuation of the uptrend.

💰Hull Moving Average in a Downtrend

Conversely, in a downtrend, the HMA can signal selling opportunities. On a 1-hour price chart of Ethereum (ETH), a sell signal is observed when the price crosses from above to below the HMA line. A steep downward slope of the HMA suggests heightened selling pressure and the likelihood of the downtrend persisting.

Indicator Settings

• Period: The default calculation period for the HMA is set to 13.​
• Price: The data type used for calculating the HMA is the “Typical Price.

Conclusion

The Hull Moving Average stands out from other moving averages due to its rapid responsiveness to price action changes, effectively addressing the lagging issues commonly associated with traditional moving averages. By focusing on recent market changes and accurately reflecting the current trend status, the HMA proves to be a suitable tool for analysis in lower timeframes.​

​For a comprehensive understanding and to download the Hull Moving Average indicator for MetaTrader 5, please visit the original source

FAQS

❓ What is the Hull Moving Average (HMA)?

The Hull Moving Average (HMA) is a technical indicator developed by Alan Hull to reduce lag and improve the responsiveness of traditional moving averages. It provides smoother trend signals and is widely used for short-term and mid-term trading.

❓How does the Hull Moving Average differ from other moving averages?

Unlike the Simple Moving Average (SMA) or Exponential Moving Average (EMA), the HMA minimizes lag while maintaining a smooth appearance, making it more responsive to price changes and trend reversals.