
Hull Moving Average Indicator
The Hull Moving Average represents a technical indicator developed for MT4 platforms. Generates best trend-following buy–sell signals for forex day traders. Supports MTF charts
CATEGORIES: TREND, MT4, SIGNAL, LEVELS
Updated on: 17.11.2023
The Hull Moving Average (HMA) is a short-term trend signal indicator built for the MetaTrader 4 platform. This indicator is best known for emphasizing more on recent price data and producing fast trend-reversal signals.
Generally, traders who seek trend signals based on recent changes in price-action prefer to use Exponential Moving Averages (EMA). Because Simple Moving Averages (SMA) lag more than EMAs when applied for short-term trend analysis. In this regard, Hull Moving Average offers both fast and smooth trend trading signals for forex day traders.
How to use Hull Moving Average for determining forex day trading signals
The HMA works in the same manner as applying other moving averages for anticipating the current trend conditions. Since this indicator is specially developed for short-term trend detections, it may react faster with recent price changes and generate frequent signals. So, for better results, you may combine its trend signals with candlestick patterns to increase the success probability.