Hull Moving Average Indicator

Hull Moving Average Indicator for MT4

Introduction to the Hull Moving Average Indicator

The Hull Moving Average Indicator was originally created by Alan Hull in the answer to the problem of lag in standard moving averages.

The Hull Moving Average solves the dilemma of making a moving average more responsive to current price activity whilst maintaining curve smoothness. In fact, the HMA almost eliminates lag altogether and manages to improve smoothing at the same time.

To understand how it achieves both of these opposing outcomes simultaneously we need to start with an easily understood frame of reference.

The indicator is displayed directly on the main trading chart.

It fits all kinds of timeframes and currency pairs and it is a non-repainting version.

The default indicator settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your personal preferences.

Hull Moving Average (HMA) Formula
Integer(SquareRoot(Period)) WMA [2 x Integer(Period/2) WMA(Price) – Period WMA(Price)]

How to set up the Hull Moving Average indicator in MT4?

Installation Guide

Download the Hull Moving Average.rar archive at the bottom of this post, unpack it, then copy and paste the Hull Moving Average.ex4 or Hull Moving Average.mq4 indicator files into the MQL4 folder of the Metatrader 4 trading platform.

You can gain access to this folder by clicking the top menu options, which goes as follows:

File > Open Data Folder > MQL4 > Indicators (paste here).

Now go to the left side of your MT4 terminal. In the Navigator find the gauge name, right-click it and select Attach to the chart.

Bottom Line

The Hull Moving Average indicator is well worth adding to your trading collection. A good forex indicator will most probably enhance your chance of success. Nonetheless, remember about having realistic expectations. Just like any other technical analysis tool, is not capable of providing accurate signals 100% of the time. Thus, this forex indicator provides false signals occasionally. Its performance will vary significantly depending on market conditions. Feel free to develop your own trading system based around it.

Download Free Forex MT4 Hull Moving Average Indicator

To download the Hull Moving Average Indicator for Metatrader 4 (MT4) for free just click the button below:

Hull Moving Average Indicator Free Download

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