Indicators: Triple Hull

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Triple Hull:

The indicator is using 3 instances of Hull Moving Average. The Hull Moving Average (HMA), developed by Alan Hull, is an extremely fast and smooth moving average. In fact, the HMA almost eliminates lag altogether and manages to improve smoothing at the same time. Combining 3 instances of Hull averages to 3 prices (Close, High and Low) can help in giving us a sort of an over-all look at the current trend assessment.

Probably the best way to use is to wait for the 3 instances to have the same slope color and then to use that slope as an indicator of a current trend, but the channel can be used too (for ranging periods when the channel can be used as a sort of a no trade zone). In any case, some experimenting with the Hull period is advised for different symbols and different styles of trading.

Author: Mladen Rakic

 

Hi, Mladen

Do you have any plan to make a MT4 version? Or, is there any way to manually mimic this setup using normal hull moving average indicator in MT4?

Thanks! 

 
Yangwoo Park:

Hi, Mladen

Do you have any plan to make a MT4 version? Or, is there any way to manually mimic this setup using normal hull moving average indicator in MT4?

Thanks! 

At a moment I do not plan to make mt4 version

To mimic it do the following :

  • place a hull average of high
  • place a hull average of low
  • place a hull average of close

Make sure that the periods and prices for all 3 instances are the same

 
Mladen Rakic:

At a moment I do not plan to make mt4 version

To mimic it do the following :

  • place a hull average of high
  • place a hull average of low
  • place a hull average of close

Make sure that the periods and prices for all 3 instances are the same

Thank you as usual! :-)

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