Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Indicators

Hull trend - indicator for MetaTrader 5

Mladen Rakic | English Русский 中文 Español Deutsch 日本語 Português

Views:
757
Rating:
votes: 9
Published:
2018.04.13 11:59
Hull trend.mq5 (14.71 KB)view

Indicator based on Hull Moving Average.


How it works

  • It calculates the Hull Moving Average.
  • Uses the slope of so calculated Hull Moving Average as a criteria for a trend.
  • Depending on the display type chosen it then draws:
    • colored line.
    • colored bars.
    • colored candles.
  • Display type can be set to adjust automatically (depending on the chart type, the indicator will use the appropriate drawing style).

Rsi(var) Zerolag DEMA Rsi(var) Zerolag DEMA

Rsi(var) indicator with zero lag DEMA.

Rsi(var) Zerolag MA Rsi(var) Zerolag MA

Rsi(var) indicator with zero lag Moving Average.

Schaff Trend Cycle - DEMA Schaff Trend Cycle - DEMA

Unlike the original Schaff Trend Cycle, this version is using DEMA MACD for calculation, which makes it "faster" in determining the trend changes and thus producing signals a few bars earlier (which can be significant in "scalping" systems).

Schaff Trend Cycle - TEMA Schaff Trend Cycle - TEMA

Unlike the original Schaff Trend Cycle, this version is using TEMA MACD for calculation, which makes it "faster" in determining (even compared to DEMA version) the trend changes and thus producing signals a few bars earlier.