HMA Big Trend Indicator MT5 Download – Free | Forex Indicator Download – MetaTrader 5 Resources

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

HMA Large Trend Indicator, based on Hull Moving Average , aims to provide more accurate trend detection than classic moving averages .

While traditional averages tend to lag, this indicator uses a smoothing algorithm to filter out spurious market moves and more accurately identify the true direction of price movements.

It has dynamic color-changing lines that appear green during an uptrend and red during a downtrend.

HMA Megatrend Oscillator Specifications

The table below outlines the specifications of the HMA Megatrend indicator:

HMA trends at a glance

One of the main features of the product H MA Megatrend Oscillator is its ability to generate buy and sell signals.

Transitions from a downtrend to an uptrend are represented by the gray arrow , while transitions from an uptrend to a downtrend are represented by the pink arrow , providing timely alerts to enter or exit a trade.

Buy Signal

On the 1-hour chart of Ethereum (ETH), the indicator line’s color change from red to green indicates the beginning of a bullish trend.

This trend reversal is marked with a gray arrow, indicating a potential buy entry.

Sell ​​Signal

On the EUR/USD 1-hour chart, the indicator line changing from green to red indicates the beginning of a bearish trend.

The indicator marks this turning point with an arrow, providing a sell signal.

HMA Big Trend Oscillator Settings

The settings of the HMA general trend indicator are as follows:

• HMAPeriod : Hull Moving Average Period
• HMAmethod : moving average type used
• HMAPrice : the price type used for calculations
• HMAshift : Shift value of HMA line
• ShowHMA : Switch to show or hide the HMA line
• 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 : Enable or disable buy/sell signal arrows on the chart
• ColorUP : color of the buy signal arrow
• ColorDN : color of the sell signal arrow
• ArrowsGap : The vertical distance of the arrow from the straight line
• CodeUP : code for up arrow
• CodeDN : Code for down arrow
• ArrSize : The size of the signal arrow

Conclusion

The HMA Megatrend Indicator is powered by a smoothing algorithm that filters out random price noise and provides a clearer picture of major market trends.

What sets this trading tool unique is that it combines color-changing dynamic lines and buy/sell arrows to provide traders with a clear and intuitive representation of trend direction and entry opportunities.