HMA Big Trend Indicator MT4 Download – Free | Forex Indicator Download – MetaTrader 4 Resource

On July 6, 2025, in version 2, the indicator added alerts/notifications and signals functionality

The HMA macrotrend indicator is based on the Hull Moving Average and is a powerful tool for technical analysis . Unlike traditional moving averages , which often introduce lag, the Hull Moving Average uses a smoothing algorithm to filter out random price movements and reveal the actual trend direction with greater accuracy.

This oscillator visualizes price action using dynamic color-changing lines to differentiate between bullish and bearish phases.

HMA Megatrend Oscillator Specifications

The download specifications of the HMA big trend indicator are as follows:

HMA trends at a glance

The HMA Megatrend Oscillator not only shows changes in trend direction, but also issues buy and sell signals.

Gray arrows appear when the trend changes from bearish to bullish, and pink arrows appear when the trend changes from bullish to bearish.

Buy Signal

On the GBP/USD 30-minute chart, the oscillator line color changes from red to green indicating a bullish trend reversal.

Color-changing points are marked with gray arrows, indicating buy entry opportunities.

Sell ​​Signal

According to the 1-hour XRP chart, when the oscillator line changes from green to red, it signals the beginning of a bearish trend.

This turning point is marked with a pink arrow, indicating the sell entry point.

HMA Big Trend Oscillator Settings

The following are the adjustable parameters available for the HMA General Trend Oscillator:

• HMAPeriod : Hull Moving Average Period
• HMAmethod : Use moving average
• HMAPrice : Price type used for HMA calculations
• HMAshift : displacement value of HMA line
• ShowHMA : Show or hide the HMA line on the chart
• TrendUP : The color of the HMA line during an uptrend
• TrendDN : The color of the HMA line during a downtrend
• Style : Display the style of the line
• Size : The thickness of the HMA line on the chart
• ShowArrows : Toggle showing or hiding buy/sell signal arrows
• ColorUP : color of the buy signal arrow
• ColorDN : color of the sell signal arrow
• ArrowsGap : The vertical distance of the signal arrow from the line
• CodeUP : Arrow code for up signal
• CodeDN : Arrow code for downward signal
• ArrSize : The size of the signal arrow

Conclusion

The HMA Megatrend Indicator, with its smoothing-based algorithm, effectively filters out random price noise and provides a clearer picture of important market trends.

Its main advantage is the combination of dynamic colored lines and directional signal arrows, which provide traders with intuitive and actionable guidance on market direction and potential entry points.