Renko Charts
Back to products
Power Trend
MT4
Watch video
Click to enlarge

Hull Moving Average

The Hull Moving Average indicator for MT4 is a more responsive moving average with optimized smoothing features and lags less. Use the HMA indicator to identify market trends and exit points to improve your trading strategy.

Trading Style

Indicator Type

Timeframe

Platform

Add to wishlist
0 People watching this product now!
Category:

Downloads - 54

Download now
Description

The Hull Moving Average (HMA) indicator for MT4 is more responsive than the traditional moving average indicator. Unlike the regular moving average that lags behind the price, the HMA maintains better curve smoothness and lag less.

The indicator provides a more accurate reflection of price changes in different market conditions (trending or ranging) of financial instruments. Hence, it helps to identify trend direction and potential reversal zones more efficiently. Therefore, the indicator can be a valuable tool for scalpers, day/intraday, and swing traders, enabling better market analysis and helping in making informed decisions.

Features of the Hull Moving Average Indicator for MT4

The HMA indicator focused on lag reduction and curve smoothness of the price. It uses a combination of the linear weighted method and the square root of the period for calculation, which enables it to have a better smoothing effect and lag less behind the price.

Moreover, the indicator’s parameter can also be customized, allowing traders to adjust it to suit their trading strategies.

Benefits of Trading With the Indicator

  • Trend Identification: The indicator HMA provides a more accurate trend analysis than the regular moving average. Thus, it is effective in identifying the overall trend direction of an instrument, which makes it a valuable tool for traders with a trend-following strategy.
  • Beginner-friendly: The indicator is easy to interpret, even for beginner traders. The price above the indicator suggests a potential bullish market condition, while the price below it depicts a bearish move.
  • Trading Confluence: Lastly, the HMA indicator can be an incredible tool to help traders make more informed trading decisions when used with price action/other technical indicators.

Indicator Settings Description

The indicator comes with the following customizable settings:

Period: Determines the moving average period for trend analysis.

Shift: Defines the distance between the indicator and the price level.

Method: Determines the moving average method.

Price: Defines the price to begin analysis.

Reviews (0)

Reviews

There are no reviews yet.

Be the first to review “Hull Moving Average”

Your email address will not be published. Required fields are marked *

1 2 3 4 5
1 2 3 4 5
1 2 3 4 5

How to Install

How install MT4/5 indicator in the terminal?

To install an MT4/5 indicator in the terminal, follow these steps:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.

Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.

And if asks to confirm DLL?

If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.

DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.

If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.

It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.

 

Related products

MT4
Quick view
Add to wishlist

TMA Centered Bands

,
The TMA Centered Bands indicator is a powerful forex indicator available for the MT4 platform. This indicator was created for the MT4 platform and helps traders identify trends, support and resistance levels. The TMA Centered Bands indicator works by using a centered TMA (triangular moving average) to create a set of bands around the price. With a simple yet effective design, the TMA Centered Bands indicator is a valuable tool for any forex trader looking to improve their trading strategy.
MT4
Quick view
Add to wishlist

Elliott Wave Count

The Elliotte Wave Count indicator accurately detects and plots the Elliott wave pattern on the MT4 chart.
MT4
Quick view
Add to wishlist

Advanced Trendlines

The Advanced Trendlines indicator is a new and popular forex indicator for MT4 that is available for free. This helps traders easily and accurately identify trend lines and chart patterns. The indicator also allows traders to set up alerts for different price levels and trendline breakouts so they can be notified when it occurs. It is suitable for traders of all levels and can be used with any currency pair or timeframe.
MT4
Quick view
Add to wishlist

Auto Trend Line

Enhance MT4 charts with Auto Trend Line Indicator. Accurate trend lines adjust to market shifts, aiding traders in dynamic analysis.
MT4
Quick view
Add to wishlist

VWAP Bands

,
Discover the power of the VWAP Bands indicator, which emphasizes volume in its calculation. Gain insights into support and resistance levels, fair value, and trading opportunities. Suitable for all traders, this versatile Metatrader Indicator allows customization across various time frames with adjustable settings for better trading.
MT4
Quick view
Add to wishlist

Heiken Ashi Smoothed

Enhance your trading with the Heiken Ashi Smoothed Indicator, a powerful tool to visualize trends and reduce market noise.
MT4
Quick view
Add to wishlist

Vortex Indicator

,
Identify the beginning of bullish and bearish forex price trends with crossover of the indicator lines with Vortex indicator. Easy identification of trend direction and strength helps to exit early to retain profits as much as possible. Free to use. Download this MetaTrader indicator now.
MT4
Quick view
Add to wishlist

1-2-3 Pattern

,
The 1-2-3 Pattern indicator is a technical trading tool for MT4 that finds the potential end of a trend and the possible new direction. Download for Free! Try now!