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 practical tool on the MetaTrader 4 platform helps traders clearly observe short-term trends. Traders can use this indicator to optimize entry (Entry) and exit (Exit) points in their trades.

Indicator Specifications

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 indicator only focuses on recent market changes and shows the current trend status, making it suitable for smaller timeframes.