Triple Hull - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
This indicator uses 3 instances of Hull Moving Average. The Hull Moving Average (HMA), developed by Alan Hull, is an extremely fast and smooth moving average. In fact, HMA almost completely eliminates lag while managing to improve smoothness. Combining 3 instances of the Hull Average with 3 prices (Close, High and Low) helps us get a complete picture of the current trend assessment.
Perhaps the best way to use it is to wait for 3 instances to have the same slope color and then use that slope as an indicator of the current trend, but channels can also be used (for range periods where channels can be used as some kind of non-trading area). In any case, it is recommended to conduct some experiments with Hull Cycles for different trading symbols and different trading styles.
Attachment download
📎 triple_hull.mq5 (9.7 KB)
Source: MQL5 #20407
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