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Three Hull Moving Average Multi TF Trend

30 USD

Demo downloaded: 6

Published: 14 July 2023

Current version: 1.4

Three Hull Moving Average Multi TF Trend

Indicators
Anthony Glenn Park
Version: 1.4
Updated: 23 November 2023
Activations: 5

Unlock the power of market trends with the 3-HMA Multi-Timeframe Trend Indicator. This reliable tool is your trusted partner in the intricate world of forex trading. It was created with adaptability and accuracy at its core, making it ideal for traders who appreciate the importance of trend following and wish to utilize the unparalleled reactivity of the Hull Moving Average (HMA).

The Hull Moving Average is distinguished from standard moving averages by its exceptional ability to minimize market lag. This unique feature makes HMA an incredibly effective tool for quickly and accurately identifying changes in market trends, giving traders the critical advantage they need.

Our indicator enhances the efficiency of the HMA strategy by implementing it across multiple timeframes. This means you get a comprehensive view of the market, which allows you to make more informed decisions and maximize your profit potential.

In Version 1.01, we have made a few key enhancements:

A deinitialization function, OnDeinit() , has been added. This function is invoked when the indicator is removed from the chart. It deletes all the labels created by the indicator and resets the barsCount array, which keeps track of the number of bars for each timeframe.
The calculation of the Hull Moving Average (HMA) has been optimized. Firstly, the temp array, used in the HMA calculation, is now reset before each use, ensuring that previous values in the array don't affect the current calculation. Secondly, the calculation of the HMAs is now performed only when a new bar appears on the chart, rather than for each tick. This could potentially enhance the indicator's performance when there are many bars on the chart.

Key Features:

Triple HMA Analysis: Gain an unprecedented understanding of market trends. Our indicator uses three distinct Hull Moving Averages – short, medium, and long periods – providing a multi-dimensional view of market activity.
Multi-Timeframe Compatibility: Flexibility is crucial in the dynamic world of forex trading. Whether you're a day trader or a swing trader, our indicator is designed to adapt to various timeframes, ranging from M1 to MN1.
Dynamic Trend Labelling: Keep up-to-date with real-time trend labels that adjust with each new bar. This feature helps traders stay attuned to market movements, ensuring you never miss an opportunity.
Customizable Parameters: Customize the tool to your needs with fully adjustable parameters. Modify the period, color, line width, and style of the HMA lines to align with your trading style and chart preferences.
Built-in Alerts: Stay ahead of the curve with instant notifications about trend changes. This feature ensures that you can respond quickly to market movements, always staying one step ahead.

Please note that while the 3-HMA Multi-Timeframe Trend Indicator is a robust tool designed to enhance your trading strategy, it does not promise or guarantee profits. Trading in the Forex market involves risk, and it's crucial to have a comprehensive trading strategy in place, which includes appropriate risk management.

Usage Instructions:

Once you've installed the indicator, simply navigate to the 'Indicators' section in your trading terminal and select '3-HMA Multi-Timeframe Trend Indicator'. You can then adjust the input parameters according to your preferences and trading strategy.

To ensure the indicator displays the HMA trend for each timeframe accurately on the chart, make sure to click on each chart timeframe after applying the indicator.

This tool is user-friendly, making it a great addition to any trader's toolkit, regardless of their experience level.

With the 3-HMA Multi-Timeframe Trend Indicator, you're not just buying an indicator; you're investing in a tool that could potentially enhance your trading strategy, simplify your decision-making process, and help you better understand the dynamics of the forex market. Embark on your trading journey with confidence and precision with the 3-HMA Multi-Timeframe Trend Indicator in its improved version 1.01!

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Version 1.4 2023.11.23

Version 1.4 - Three Hull Moving Average Multi TF Trend Indicator
Overview:
Version 1.4 of the Three Hull Moving Average Multi TF Trend Indicator introduces refined code structure and performance improvements, enhancing the user experience and reliability. This update focuses on optimizing existing functionalities and resolving code conflicts for smoother operation.

Key Changes:

Optimized HMA Calculation:

The Hull Moving Average (HMA) calculation has been optimized for efficiency. The code now avoids unnecessary recalculations, ensuring faster performance, especially in markets with high tick volumes.
Refined createLabel Function:

The createLabel function has been refined for better resource management. It now checks for existing labels and updates them, rather than recreating them each time, which minimizes the processing load.
Resolved Function Duplication Issue:

Duplicate definitions of the OnDeinit function were removed, resolving previous conflicts. This ensures a smoother and error-free operation of the indicator.
General Code Cleanup:

The code has been cleaned up to remove redundant elements and streamline operations. This includes removing unnecessary braces and ensuring consistent coding style for better readability and maintenance.
Benefits:

Improved Performance: The optimized HMA calculation and efficient label management result in a more responsive and faster indicator, especially beneficial in fast-moving markets.
Enhanced Stability: Resolving the function duplication issue eliminates potential conflicts, leading to more stable performance.
User-Friendly Experience: Cleaner and more efficient code translates into a smoother user experience.
Usage Note:

The indicator maintains its user-friendly interface and compatibility across various timeframes, continuing to provide a comprehensive view of market trends with the trusted accuracy of Hull Moving Averages.
Disclaimer:

Trading in the Forex market involves risk. This indicator is a tool to assist in decision-making and does not guarantee profits. It is recommended to use this indicator as part of a comprehensive trading strategy, including appropriate risk management.

Version 1.3 2023.07.19

Version 1.3 of the 3-HMA Multi-Timeframe Trend Indicator introduces significant improvements to the HMA calculation, resulting in enhanced accuracy and reduced resource requirements. With this update, traders can expect more precise trend identification and faster calculations, enabling confident decision-making without compromising system performance. Upgrade to Version 1.3 now and experience the heightened efficiency and accuracy of this indispensable trading tool.

Version 1.2 2023.07.19

Version 1.2 - Enhanced Stability and Precision for Three Hull Moving Average Multi TF Trend

We're excited to introduce Version 1.2 of our Three Hull Moving Average Multi TF Trend indicator. Your feedback has been invaluable, and we've made key enhancements to increase reliability and precision.

Optimized Data Access: We've refined the way our indicator interacts with internal data arrays. This upgrade eliminates potential 'array out of range' errors, guaranteeing smooth operation across all market conditions. The outcome is a more precise calculation and a cleaner visual display on your charts.

Prevention of Divide-by-Zero Errors: We've implemented additional mathematical safeguards to prevent divide-by-zero errors. These improvements enable more robust calculations in a broader range of market scenarios. The result is uninterrupted and seamless indicator operation.

In Version 1.2, our focus has been on boosting the overall stability and precision of the Three Hull Moving Average Multi TF Trend indicator. Our goal is to equip you with the most reliable and effective trading tools. We believe in your trading success.

Thank you for choosing our Three Hull Moving Average Multi TF Trend indicator. We're dedicated to continually improving our tools to meet your trading needs.

Version 1.1 2023.07.18

Deinitialization Function Added: A deinitialization function, OnDeinit(), was added. This function is called when the indicator is removed from the chart. In this function, all the labels created by the indicator are deleted, and the barsCount array, which keeps track of the number of bars for each timeframe, is reset.

Improved HMA Calculation: The Hull Moving Average (HMA) calculation has been improved in two ways. First, the temp array, which is used in the calculation of the HMA, is now reset before each use. This ensures that previous values in the array do not affect the current calculation. Second, the calculation of the HMAs is now only done when a new bar appears on the chart, rather than for each tick. This could potentially improve the performance of the indicator when there are many bars in the chart.

Version Number Updated: The version number of the indicator has been updated to 1.01 to reflect these changes.

These changes aim to improve the performance of the indicator and ensure its calculations are accurate. It's recommended to test this updated version thoroughly before using it for trading decisions. As always, please feel free to provide any feedback or report any issues you encounter.