Hull Moving Average Indicator MetaTrader 4 Download - Free - [TradingFinder]

The Hull Moving Average (Hull MA) indicator was designed by Alan Hull to reduce the lag in Moving Averages (MA) and increase the accuracy in trend detection. This MT4 volatility indicator helps traders clearly observe short-term trends. Traders can use this trading tool to optimize entry and exit points in their trades.

Indicator Specifications

Overview of the Indicator

Unlike other moving averages, such as "SMA" and "EMA," which have lag, the Hull Moving Average has minimal lag due to its specific formula.

This MT4 currency strength indicator is used for trend change detection, entry, and exit. Whenever the price crosses the moving average from above to below, it signals a selling opportunity, and conversely, when it crosses from below to above, it signals a buying opportunity.

Buying Trades with Hull Moving Average

The EUR/USD currency pair chart in the 15-minute timeframe shows how the indicator performs in an uptrend. The first sign of an uptrend in the Hull Moving Average indicator is when the price crosses from below to above the moving average. Additionally, if the moving average turns upward and has a steep slope, it indicates an increase in buyer strength and the likelihood of the uptrend continuing.

Selling Trades with Hull Moving Average

According to the XAU/USD price chart in the 1-hour timeframe, the first sign of a downtrend in the Hull Moving Average indicator is when the price crosses from above to below the moving average. Additionally, if the moving average turns downward and has a steep slope, it indicates an increase in seller strength and the likelihood of the downtrend continuing.

Indicator Settings

• Period: The default period for calculating the moving average is 13;
• Shift: The drawing shift for the moving average is set to 0;
• MA_Method: The moving average calculation method is "Linear Weighted";
• Applied_Price: The data type used for the moving average calculation is "Typical Price."

Conclusion

The best feature of the Hull Moving Average indicator is its speed compared to other moving averages when responding to price action changes. This feature eliminates the slow performance of traditional moving averages. The MT4 trading assist indicator only focuses on recent market changes and shows the current trend status, making it suitable for smaller timeframes.