How to use MT5/MT4
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The multi-timeframe Hull moving average indicator can display not only the Hull moving averages of the chart's timeframe but also those of longer timeframes.
The Hull Moving Average (HMA) is a moving average that reacts more quickly to recent price changes than simple moving averages (SMA) or exponential moving averages (EMA), providing a smoother movement in price trends.
【Comparison of Hull Moving Average (HMA), Simple Moving Average (SMA), and Exponential Moving Average (EMA)】
The Hull moving average is not only sensitive to recent price movements but also relatively less prone to false signals, allowing for an immediate check on the current price direction, whether it's trending up or down.
【Example of displaying the Hull Moving Average (HMA) with a period of 20】
※ This indicator is only operational on the Windows version of TitanFX's MT5 and MT4.
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1.The indicators and related descriptions are based on various data believed to be reliable, but their accuracy and completeness are not guaranteed.
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| Variable Name | Description | Default |
|---|---|---|
| Timeframe | Specifies which timeframe's HMA to display. If 'current' is selected, it displays the HMA of the current chart's timeframe. | current |
| Period | Specifies the period for the HMA. | 5 |
| Applied Price | Specifies the price to use. | Close price |
| MT5 | MT4 | Description |
|---|---|---|
| Hull | 0 | Line color, thickness, type of the moving average line (In MT5, colors can be adjusted separately for rising and falling movements). |
