Are you looking for the best mt4 hull moving average indicator to download? Well, you’ve come to the right place.
The hull moving average indicator mt4 download link is on the very bottom of this post.
What Is The Hull Moving Average Indicator?
The hull moving average indicator was developed by a guy called Allan Hull.
It is an extremely fast moving average indicator and tends to smooth out the “noise” that are so prevalent in other moving average indicators like the simple moving average and the exponential moving averages.
Which means, that this indicator reduces lag to a greater extent than other moving average indicators because it follows price closely.
How To Trade The Hull Moving Average Indicator?
The hull moving average indicator can be traded just like a simple moving average indicator or the exponential moving average indicator. When prices are above the hull moving average indicator, it tells you that there is an uptrend so you only look to buy.
If prices are below the hull moving average indicator, it tells you that there is a downtrend so you only look to sell.
Another way you can trade the hull moving average indicator is to watch the direction of the slope of the indicator: if it starts to point up then buy. If it starts to point down, then sell. Those are the basic ways you can trade with the hull moving average indicator.
Advantages of The Hull Moving Average Indicator
- Follows prices closely, reduces lag and reduces the “noise” that can be found in other moving average indicators
Disadvantages of the Hull Moving Average Indicator
- It’s is still a moving average indicator, it lags to an extent. Which means, it still follows the price.
To download the hull moving average indicator: Go here