HMA - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
Alan Hull's Moving Averages.
Since the classic moving average is calculated using symbol prices received over the past period, the MA lags the current price activity. This is the main disadvantage of moving averages.
The HMA indicator takes this limitation into account. The Hull Moving Average is an indicator that not only smoothes price fluctuations but also eliminates price lag. The Hull Moving Average can solve this problem by using the square root of the period instead of the period itself used in the classic moving average.
This indicator has two input parameters:
HMA works on any time frame and any instrument.
Attachment download
📎 hma.mq5 (14.44 KB)
Source: MQL5 #20418
HMA - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
HMA - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator 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.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •