Hull Moving Average MetaTrader 5 Download - Free - [TradingFinder]

Alan Hull invented the Hull Moving Average (Hull MA) indicator to improve traditional moving averages' performance and increase trend identification speed and accuracy. This trading tool in the MetaTrader 5 trading platform helps traders clearly identify short term and mid term trends.

This MT5 trading assist indicator allows traders to choose optimized entry and exit points for their trades.

Indicator Specifications

Overview of the Indicator

Unlike most common moving averages such as "SMA" and "EMA," which experience significant lag, the Hull Moving Average, thanks to its unique formula, has much less lag. This MT5 currency strength indicator is used to detect trend changes early and identify entry and exit opportunities.

When the price surpasses the moving average line, it can signal a selling opportunity. Conversely, when the cost exceeds the Hull Moving Average, it is considered an opportunity to enter buying trades.

Hull Moving Average in an Uptrend

The indicator shows how the uptrend begins in the 1-hour price chart of Silver against the US Dollar (XAG/USD). The first signal for entering a buy trade is generated when the price crosses from below to above the Hull Moving Average line.

Additionally, if the moving average slows upward with a steep angle, it indicates an increase in buyer strength and the likelihood of the uptrend continuing.

Hull Moving Average in a Downtrend

According to the 1-hour price chart of Ethereum (ETH), the first sign of a downtrend in the Hull Moving Average indicator occurs when the price crosses from above to below the moving average line.

Moreover, if the moving average slopes steeply downward, it indicates an increase in selling pressure and the potential continuation of the downtrend.

Indicator Settings

• Period: The calculation period for the moving average is set to 13 by default;
• Price: The data type for calculating the moving average is "Typical Price".

Conclusion 

The main advantage of the Hull Moving Average over other moving averages is its faster response to price action changes. This key feature addresses the slow and lagging performance of traditional moving averages. The MT5 volatility indicator , only focuses on recent market changes and shows the current trend status, making it suitable for lower timeframes.