You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Forum on trading, automated trading systems and testing trading strategies
Manual systems discussion
Sergey Golubev, 2026.09.03 12:30
Building a Hull Moving Average Momentum Oscillator in MQL5
Momentum indicators are widely used to evaluate the strength and direction of price movements, but raw momentum values often contain short-term fluctuations that can make changes in momentum difficult to interpret. This article demonstrates how to build a Hull Moving Average Momentum Indicator in MQL5 by combining a traditional momentum calculation with Hull Moving Average smoothing to produce a more responsive and smoother oscillator.
The indicator can help track momentum behavior and reduce short-term fluctuations in the momentum series. It can also provide directional information for discretionary analysis or as part of a broader trading strategy. To achieve this, we will calculate the momentum series and smooth it with the Hull Moving Average. We will then visualize the result with a color-coded oscillator and zero-line filling and implement the indicator step by step in MQL5. We will also discuss behavior around the zero line and limitations in flat market conditions.