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Double HMA MTF for MT4

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this enhanced multi-time frame version of the Hull Moving Average is a further development of the HMA-based index family.

  • A preliminary signal is generated when the HMA color is switched when the older TF bar is not yet closed. The preliminary signal is displayed on the
    graphic panel with a question mark.
    It is risky to open a trade on this signal, because it can be canceled if
    the HMA color is restored before the closing of the higher TF bar. However, a preliminary signal allows you to open a trade at the best
    price.
    The pre-alarm can be turned off.
  • The final signal is generated when the HMA color of the senior TF is switched and the senior TF bar is already closed. This signal is never
    redrawn again.
    The final signal is displayed on the graphic panel with an exclamation mark.

For easy visualization of the indicator in the main window, use the free Double indicator
HMA MTF Light
, which displays the HMA readings from the current TF and the older TF on the same chart.

For easy visualization of the indicator in the main window, use the free Double indicator
HMA MTF Light
, which displays the HMA readings from the current TF and the older TF on the same chart.

[spoiler title=”Read More…”]

Watch the video
with a description of the indicator and record trades in real time.

You can try the demo version of the indicator here.

You can try the demo version of the indicator here.

  • Offset of Higher TF relative to Current TF (can be >0 or =0)> – offset of the higher timeframe for the indicator
    HMA relative to the current timeframe. Can be greater than or equal to 0. A value of 1 means 1 older, 2 2 older, etc. For example, if the
    current period is M5, then at offset =1, the indicator will show HMA data on M15, and at offset 2, the indicator will show HMA data on M30
  • HigherTF HMA period (signals of the trend change) – HMA period of the higher timeframe (HMA color change of the higher TF – trend
    change-this is the main signal for opening a trade)
  • currenttf HMA period (additional signals to trend continuation) – HMA period of the current timeframe (color change
    HMA of the current TF – changing the direction of the current price movement – additional signals). If this parameter =0, the indicator will not
    display the HMA of the current TF
  • Enable the possible signal from highertf HMA – allow preliminary signals from the HMA of the higher timeframe
  • Enable the possible signal from currenttf HMA-Preliminary signals from the HMA of the current TF
  • Enable the possible signal from HMA on other TF – Preliminary signals from HMA of other TF on the graphic panel
  • Arrows of signals in main window-allow displaying signal arrows in the main window
  • Color of UP/DOWN trend signal – colors of buy/sell signal arrows
  • Show legend – show a description of the indicator data in the subwindow
  • Color of legend – description color
  • Show the current bar of the Higher TF in a different color-highlight an unclosed bar of the higher timeframe in a different
    color
  • ON/OFF – Sound enable – enable / disable the sound signal
  • ON/OFF-Alert-enable / disable messages in the terminal when signals occur
  • ON/OFF-Mail – enable / disable sending messages to email
  • ON/OFF-Push-enable / disable sending push messages to mobile devices
  • The following are the names of the audio files for the preliminary and final signals

[/spoiler]

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