Hull Quadrangle - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources - MetaTrader 5 Resources
This indicator was originally used as a trading system for another trading platform a long time ago. It was ported to mt4 back in 2011, but since there doesn't seem to be an mt5 version yet, here's the mt5 version as well.
It is based on the Hull Moving Averages of 4 different periods and indicates possible entry points based on the correlation of these 4 Hull Averages
You can use arrows as possible signals
PS: Also a "big picture" example. It is recommended to do some experiments with the indicators
Attachment download
📎 hull_quad.mq5 (19.66 KB)
Source: MQL5 #23541
Hull Quadrangle - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resource Usage and Screening Suggestions
Hull Quadrangle - MetaTrader 5 Script | Trading Script Download - MT4/MT5 resources are trading script related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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