This is a moving average crossover using two Hull Moving averages. It can change colour on slope, on the crossover or if the price is above/below the moving averages.
Use the crossover as signals for entering a trade in the long or short direction.
Parameters:
Parameter | Default value | Options |
---|---|---|
Fast Hull MA period | 30 | Any number of bars |
Fast Hull MA Divisor/Speed | 2.0 | Decimal value |
Fast Hull MA price method | Close | Open, Close, High, Low, Median, Typical, Weighted |
Slow Hull MA period | 50 | Any number of bars |
Slow Hull MA Divisor/Speed | 2.0 | Decimal value |
Slow Hull MA price method | Close | Open, Close, High, Low, Median, Typical, Weighted |
Visual colour of moving average | Change colour on Crossover | Change colour on crossover Change colour on slope direction of each of the moving averages Change colour if price is above/below Hull Moving Average |
For crossover type trades:
When the fast moving average crosses above the slow moving average, look for buy entries. (Both MA should be green)
When the fast moving average crosses below the slow moving average, look for sell entries. (Both MA should be red)
For slope direction change:
Look for change of color of the MA you want to follow, and use the other as confirmation. Green for buy/long trades, and red for sell/short trades.
The indicator can also be used to show the current trend direction, by looking at the color of the Hull Moving averages.
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Parameters:
Parameter | Default value | Options |
---|---|---|
Fast Hull MA period | 30 | Any number of bars |
Fast Hull MA Divisor/Speed | 2.0 | Decimal value |
Fast Hull MA price method | Close | Open, Close, High, Low, Median, Typical, Weighted |
Slow Hull MA period | 50 | Any number of bars |
Slow Hull MA Divisor/Speed | 2.0 | Decimal value |
Slow Hull MA price method | Close | Open, Close, High, Low, Median, Typical, Weighted |
Visual colour of moving average | Change colour on Crossover | Change colour on crossover Change colour on slope direction of each of the moving averages Change colour if price is above/below Hull Moving Average |
For crossover type trades:
When the fast moving average crosses above the slow moving average, look for buy entries. (Both MA should be green)
When the fast moving average crosses below the slow moving average, look for sell entries. (Both MA should be red)
For slope direction change:
Look for change of color of the MA you want to follow, and use the other as confirmation. Green for buy/long trades, and red for sell/short trades.
The indicator can also be used to show the current trend direction, by looking at the color of the Hull Moving averages.
Parameters:
For crossover type trades:
When the fast moving average crosses above the slow moving average, look for buy entries. (Both MA should be green)
When the fast moving average crosses below the slow moving average, look for sell entries. (Both MA should be red)
For slope direction change:
Look for change of color of the MA you want to follow, and use the other as confirmation. Green for buy/long trades, and red for sell/short trades.
The indicator can also be used to show the current trend direction, by looking at the color of the Hull Moving averages.
For crossover type trades:
When the fast moving average crosses above the slow moving average, look for buy entries. (Both MA should be green)
When the fast moving average crosses below the slow moving average, look for sell entries. (Both MA should be red)
For slope direction change:
Look for change of color of the MA you want to follow, and use the other as confirmation. Green for buy/long trades, and red for sell/short trades.
The indicator can also be used to show the current trend direction, by looking at the color of the Hull Moving averages.
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