Double HMA MTF for MT4

4.2

This is an advanced multi-timeframe version of the popular Hull Moving Average (HMA).

Features

  1. Graphical panel with HMA indicator data from all timeframes at the same time. If the HMA has switched its direction on any timeframe, a question mark or exclamation mark is displayed on the panel, accompanied by a text and audio message. The messages can be configured separately for each timeframe using the corresponding checkboxes.

  2. The indicator is located in a separate window, so as not to overload the main chart window. It combines HMA data from two timeframes on the same chart: the current TF and the higher TF, which is set in the parameters. The HMA of the higher timeframe determines the trend, and the HMA of the current timeframe determines the current short-term movements.

  3. The indicator splits signals of the higher TF on Possible and Final signals.
    • The possible signal is generated when the HMA color is switched and when the bar of the higher TF is not closed yet. The possible signal is displayed on the graphic panel with a question mark.
      It is risky to open a deal on this signal, because it can be canceled if the HMA color is restored before closing the higher TF bar. However, the possible signal allows you to open a trade at the best price.
      The possible signal can be switched off.
    • The final signal is generated by switching the color of the HMA of the higher TF and the bar of the higher TF has already closed. This signal is never redrawn.
      The final signal is displayed on the graphic panel with an exclamation mark.

  4. The signal arrows can be displayed both in the subwindow and in the main window. Information about the signal is displayed in the message box and duplicated by sound. It also supports sending email and push messages to mobile devices.

For easy visualization of the indicator’s job, use the free Double HMA lines MTF indicator, which displays HMA data from the current TF and the higher TF in the main window of the chart.


How to use

Watch a video describing the operation of the indicator and recording of trades in real time.


Parameters

  • Offset of Higher TF relative to Current TF (can be >0 or =0) - shift of the higher timeframe relative to the current one for the HMA indicator. The value can be greater or equal to 0. The 1 value means higher by 1, 2 - higher by 2 etc. For example, if the current period is M5 and you set this parameter to 1, then the indicator will display HMA data from TF M15, and if you set it to 2, in that case the indicator will display HMA data on TF M30.
  • HigherTF HMA period (signals of the trend change) – the HMA period from the higher timeframe (change of HMA color from the higher timeframe is change of trend. This is the main signal to open a trade)
  • CurrentTF HMA period (additional signals to trend continuation) – the HMA period from the current timeframe (change of HMA color from the current TF is change the direction of the current price movement. This is additional signals). If this parameter =0 then the signal from the CurrentTF HMA will be disabled.
  • Enable the possible signal from HigherTF HMA
  • Enable the possible signal from CurrentTF HMA
  • Enable the possible signal from HMA on other TF – possible signals on the graphic panel from HMA of other TF
  • Arrows of signals in main window – enable signal arrows in the main window/li>
  • Color of UP/DOWN trend signal - signal arrow buy/sell colors
  • Show legend – show the description of the indicator in the subwindow
  • Color of legend – color of the description
  • Show the current bar of the Higher TF in a different color - highlight an unclosed bar of a Higher TimeFrame with a different color

----- Messages/Sounds ----- (Notifications and sound settings):

  • ON/OFF - Sound enable - enable/disable sound alerts
  • ON/OFF - Alert - enable/disable messages in the terminal when signals occur
  • ON/OFF - Mail - enable/disable sending emails
  • ON/OFF - Push - enable/disable sending push notifications to mobile devices.
  • Next are the names of the audio files for the possible and final signals
Recensioni 5
saroq
287
saroq 2022.10.12 16:19 
 

I like this indicator a lot. Trading with the dominant trend gives reliable signals to enter the market. Adding the Double HMA Light really helps with the visualization of the higher time frame which helps keep you on the right side of the trade. I have been using it for a few days and have been very successful in my trades.

Vladimir Shramchenko
558
Vladimir Shramchenko 2021.01.15 10:21 
 

Только купил, но при тесте на центовике вроде показывает неплохой результат. Буду дальше смотреть. Хочу его использовать в связке с чем нибудь еще для создания ТС. Спасибо за Вашу работу.

340591
23
340591 2020.08.20 14:11 
 

Very intuitive and like the fact that higher TF (typically a "stronger" signal) is displayed on current TF. Very functional. I started with the free version and appreciate the developer offering this. First 2 trades were a +100 pip day! 5 stars.

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Documentation for connecting Metatrader 4 with Python with a simple drag and drop EA.   A full end-to-end solution ,fully tested ,fast and efficient! The Pytrader ecosystem consists of a python script and a MT4 EA. (  MT5  version ) Further for the licensing an indicator is used.  The communication between the python script and the EA is based on sockets. EA is the  Server   and the python script the  Client .  It is always query(function / python script) and output(data / server). The EA doe
CRT Candle Range Theory HTF MT4.   Ultimate CRT Indicator: Advanced ICT Concepts and Malaysian SnR Trading System Master the Market Maker's Footprints with the Most Advanced Candle Range Theory Indicator Discounted   Price   $50  !!     Secure your lifetime access   now   before it switches to   subscription-only ! Unlock the true power of  Smart Money Concepts (SMC)  and trade precisely like the institutions with the  Ultimate CRT Indicator . Built exclusively for serious traders, this indicat
Day Trader Master è un sistema di trading completo per i day trader. Le systeme se compose de due indicatori. Un indicar est un signal fléché pour acheter et vendre. C'est l'indicateur de fleche que vous obtenez. Je vous fournirai le deuxième indicaur gratuitement. Le deuxième indicaur è un indicaur de tendance spécialement conçu pour être utilisé conjointement avec ces flèches. GLI INDICATORI NON SI RIPETONO E NON RITARDANO! Usare questo sistema è molto semplice. Devi solo seguire i segnali del
BTMM State Engine Pro is a MetaTrader 4 indicator for traders who use the Beat The Market Maker approach: Asian session context, kill zone timing, level progression, peak formation detection, and a multi-pair scanner from a single chart. It combines cycle state logic with a built-in scanner dashboard so you do not need the same tool on many charts at once. What it does Draws the Asian session range; session times can follow broker server offset or be set in inputs. Tracks level progression (L
ATTUALMENTE SCONTATO DEL 40% La soluzione migliore per ogni principiante o trader esperto! Questo indicatore è uno strumento di trading unico, di alta qualità e conveniente perché abbiamo incorporato una serie di caratteristiche proprietarie e una nuova formula. Con un solo grafico è possibile leggere la forza delle valute per 28 coppie Forex! Immaginate come migliorerà il vostro trading perché sarete in grado di individuare l'esatto punto di innesco di una nuova tendenza o di un'opportunità
Reversal Identifier MT5 - Un indicatore in grado di individuare i punti di inversione su un grafico. Funziona senza ricalcoli o ritardi, identifica picchi e minimi frattali e segnala le inversioni con delle frecce. L'indicatore individua i punti di inversione precoci, dopo i quali si verifica una correzione o un cambio di direzione del trend. L'utilizzo ottimale di questo indicatore è su due timeframe: il timeframe superiore per determinare il trend e quello inferiore per ricevere i segnali di
Forex Breath System è un sistema di trading basato sui trend che può essere utilizzato con qualsiasi mercato. Puoi utilizzare questo sistema con valute, metalli, materie prime, indici, criptovalute e persino azioni. Può essere utilizzato anche con qualsiasi intervallo di tempo. Il sistema è universale. Mostra la tendenza e fornisce segnali di freccia con la tendenza. L'indicatore può anche fornirti un tipo speciale di avvisi quando i segnali appaiono nella direzione del trend, il che rende il tr
Apollo BuySell Predictor è un sistema di trading professionale che include diversi moduli di trading. Fornisce a un trader zone di breakout uniche, livelli di supporto e resistenza basati su Fibonacci, linea di tendenza pivot, segnali di volume di pullback e altre funzioni utili di cui ogni trader ha bisogno su base giornaliera. Il sistema funzionerà con qualsiasi coppia. I tempi consigliati sono M30, H1, H4. Sebbene l'indicatore possa funzionare anche con altri intervalli di tempo, ad eccezione
Channel Trend Bands – A Comprehensive Indicator for Market Analysis MetaTrader 5 Version Simple to Use, Effective in Application User-Friendly and Suitable for All Traders This indicator stands out due to its straightforward functionality. Whether you're a beginner exploring the market or an experienced trader refining your strategy, this tool offers valuable insights. Using a Triangular Moving Average (TMA) with additional ATR-based bands , it provides structured market data to support well-i
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Legacy of Gann for MT5
Pavel Zamoshnikov
5 (5)
The indicator very accurately determines the levels of the possible end of the trend and profit fixing. The method of determining levels is based on the ideas of W.D.Gann, using an algorithm developed by his follower Kirill Borovsky. Extremely high reliability of reaching levels (according to K. Borovsky  - 80-90%) Indispensable for any trading strategy – every trader needs to determine the exit point from the market! Precisely determines targets on any timeframes and any instruments (forex, met
Pattern 1 2 3
Pavel Zamoshnikov
4.5 (24)
The indicator automatically identifies the 1-2-3 pattern on the chart. The indicator is able to monitor the formation of pattern in real time. It informs the trader when the pattern is completely formed (when the price breaks the line in point 2) and displays the completed patterns in history. The patterns are never redrawn. The indicator can identify patterns on any instruments (currency pairs, stock market, gold, etc.) without the need to adjust to each instrument. Simple and clear visualizati
Legacy of Gann
Pavel Zamoshnikov
4.83 (12)
The indicator very accurately determines the levels of the possible end of the trend and profit fixing. The method of determining levels is based on the ideas of W.D.Gann, using an algorithm developed by his follower Kirill Borovsky. Extremely high reliability of reaching levels (according to K. Borovsky  - 80-90%) Indispensable for any trading strategy – every trader needs to determine the exit point from the market! Precisely determines targets on any timeframes and any instruments (forex, met
HMA Color with Alerts MT5
Pavel Zamoshnikov
4.76 (59)
Hull Moving Average (HMA) is well-deservedly popular among traders because of the effective averaging of market noise and a relatively small delay. The current MetaTrader 5 version changes its color when the movement direction changes. Sound and text signals are available. It also supports sending email and push messages. It is possible to trigger a signal on the current incomplete bar, although such a signal may be canceled before completion if conditions are no longer appropriate. One of the p
FREE
Double HMA MTF for MT5
Pavel Zamoshnikov
4 (4)
This is an advanced multi-timeframe version of the popular Hull Moving Average (HMA) Features Two lines of the Hull indicator of different timeframes on the same chart. The HMA line of the higher timeframe defines the trend, and the HMA line of the current timeframe defines the short-term price movements. A graphical panel with HMA indicator data from all timeframes at the same time . If the HMA switched its direction on any timeframe, the panel displays a question or exclamation mark with a tex
HMA Trend
Pavel Zamoshnikov
4.55 (71)
A trend indicator based on the Hull Moving Average (HMA) with two periods. The Hull Moving Average is an improved variant of the moving average, which shows the moment of trend reversal quite accurately. It is often used as a signal filter. Combination of two types of Hull Moving Averages makes a better use of these advantages: HMA with a slow period identifies the trend, while HMA with a fast period determines the short-term movements and signals in the trend direction. Features The movement d
FREE
Double HMA lines MTF
Pavel Zamoshnikov
5 (2)
This is a multi-timeframe version of the popular Hull Moving Average (HMA). The Double HMA MTF Light indicator combines two timeframes on a single chart. The HMA of the higher timeframe defines the trend, and the HMA of the current timeframe defines short-term price movements. The indicator is freely distributed and hasn't audio signals or messages. Its main function is the visualization of price movements. If you need advanced functionality of the HMA multi-timeframe indicator (information ab
FREE
HMA Trend Professional MT5
Pavel Zamoshnikov
4.25 (4)
Improved version of the free HMA Trend indicator (for MetaTrader 4) with statistical analysis. HMA Trend is a trend indicator based on the Hull Moving Average (HMA) with two periods. HMA with a slow period identifies the trend, while HMA with a fast period determines the short-term movements and signals in the trend direction. The main differences from the free version: Ability to predict the probability of a trend reversal using analysis of history data. Plotting statistical charts for analyzi
Pattern 1 2 3 MT5
Pavel Zamoshnikov
4.38 (8)
The indicator automatically identifies the 1-2-3 pattern on the chart. The indicator is able to monitor the formation of pattern in real time. It informs the trader when the pattern is completely formed (when the price breaks the line in point 2) and displays the completed patterns in history. The patterns are never redrawn. The indicator can identify patterns on any instruments (currency pairs, stock market, gold, etc.) without the need to adjust to each instrument. Simple and clear visualizati
Candle Pattern Finder MT5
Pavel Zamoshnikov
4.2 (5)
This indicator searches for candlestick patterns. Its operation principle is based on Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures by Gregory L. Morris. If a pattern is detected, the indicator displays a message at a bar closure. If you trade using the MetaTrader 4 terminal, then you can download the full analogue of the " Candle Pattern Finder for MT4 " indicator It recognizes the following patterns: Bullish/Bearish (possible settings in brackets) : Hammer
The indicator automatically builds Support/Resistance levels (Zones) from different timeframes on one chart. Support-resistance levels are horizontal lines. As a rule, the market does not respond to a specific price level, but to a price range around the level, because demand and supply of market participants are not formed clearly on the line, but are “spread out” at a certain distance from the level. This indicator determines and draws precisely such a price range within which strong positi
This is advanced Multi-Symbol and Multi-Timeframe version of the "Candle Pattern Finder" indicator (search for candlestick patterns based on the book by Gregory L. Morris "Candlesticks charting explained. Timeless techniques for trading stocks and futures" ). The indicator searches for candlestick patterns for ALL symbols of the "Market Watch" window and for ALL standard timeframes from M1 to MN1. When patterns appear on any symbol / timeframe, the indicator gives a signal (text, sound, sending
Three Stochastics
Pavel Zamoshnikov
3.7 (10)
This indicator signals about crossing of the main and the signal lines of stochastic (lower stochastic) in the trend direction which is determined by two stochastics of higher time frames (higher stochastics). It is not a secret that stochastic generates accurate signals in a flat market and a lot of false signals in a protracted trend. A combination of two stochastics of higher time frames performs a good filtration of false signals and shows the main tendency. The indicator is recommended for
FREE
Trend Monitor MT5
Pavel Zamoshnikov
4.5 (2)
The indicator generates early signals basing on ADX reading data combined with elements of price patterns. Works on all symbols and timeframes. The indicator does not redraw its signals. You see the same things on history and in real time. For better visual perception signals are displayed as arrows (in order not to overload the chart). Features The best results are obtained when the indicator works on two timeframes. For example: M30 – the indicator shows the main trend; M5 – the indicator gen
CSV2Chart
Pavel Zamoshnikov
5 (3)
The script visually displays deals from CSV format reports on MT4 terminal charts. It automatically recognizes popular formats: MQL5.com Trading Signals for MT4 / MT5 platforms MyFXBook service Copy the report file to the <Data Folder>\MQL4\Files folder and run the script on any chart. The script analyzes the CSV file, automatically creates new charts for all instruments that are found in the report, and draws the deals of each instrument on a separate chart. The script additionally calculates a
FREE
Alarm Clock MT4
Pavel Zamoshnikov
3.67 (3)
Alarm Clock generates sound signal at the prescribed time. Time is set by a vertical line on the chart. Just shift this line on the chart to the future. After you set the line at the desired time, you can do whatever you want with the chart, like change a timeframe and a symbol - the alarm clock will generate a signal at the prescribed time anyway. If you accidentally remove the line, the indicator will restore it at the prescribed time. You can attach the indicator to different charts and set d
FREE
Download Quotes
Pavel Zamoshnikov
5 (2)
The script automatically downloads historical data for all instruments from the "Market Watch" window, on all timeframes from M1 to MN1. It is recommended to use the script before launching multi-symbol and multi-timeframe indicators that work simultaneously with many instruments. Features: To download quotes, the script uses the MQL API only. This is a necessary requirement for publishing programs on the MQL-Market. This method is fast enough, but effective in not all cases. A more reliable (bu
FREE
Information Panel
Pavel Zamoshnikov
5 (4)
The information panel displays important trading information on the chart. Visual display of the information will help you to make a prompt and precise trading decision. Screenshots depict information which I use in my trading system. But you can add any other desired information.  To do this contact me via MQL5 web-site. Displayed information: Time till the end of the current candle and formation of a new one. Time set format: hh:mm, if there is at least one full hour, or mm:ss, if you have les
FREE
Trend Monitor
Pavel Zamoshnikov
4 (4)
The indicator generates early signals basing on ADX reading data combined with elements of price patterns. Works on all symbols and timeframes. The indicator does not redraw its signals. You see the same things on history and in real time. For better visual perception signals are displayed as arrows (in order not to overload the chart). Features Easy to use. Filter configuration only requires selection of sensitivity in the " Sensitivity of the indicator " input. Signals can be filtered using
Candle Pattern Finder
Pavel Zamoshnikov
5 (10)
The indicator finds candlestick patterns based on Gregory L.' Morris "Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures". If a pattern is detected, the indicator displays a message at a bar closure. If you trade using the MetaTrader 5 terminal, then you can download the full analogue of the " Candle Pattern Finder for MT5 " indicator It recognizes the following patterns: Bullish/Bearish (possible settings in brackets) : Hammer / Shooting Star (with or without con
Stochastic Ichimoku
Pavel Zamoshnikov
4.43 (7)
This indicator signals about Stochastic crossing in the trend direction which is determined by the position of the price relative to the Ichimoku cloud. Features: Flexible settings: filtering signals by bullish/bearish bars ( parameter "BUY - the bullish bar only; SELL - the bear bar only" ); setting levels of Stochastic crossing ( parameters "BUY-signal if Stochastic below this level" and "BUY-signal if Stochastic below this level" ) ability to use the Ichimoku cloud of higher timeframes ( par
MACDivergence MTF
Pavel Zamoshnikov
4.29 (7)
Advanced ideas of the popular MACD indicator: It detects and displays classic and reverse divergences (three methods of detecting divergences). It uses different color to highlight an uptrend and a downtrend. Two methods of determining a trend: а) MACD crosses the 0 level (classic signal); б) MACD crosses its own average (early signal). This is a multi-timeframe indicator: it can display MACD data from other timeframes. Two methods of drawing: classic histogram and line. It generates sound and v
Trend Power
Pavel Zamoshnikov
4.43 (7)
A very powerful tool that analyzes the direction and the strength of the 8 major currencies: EUR, GBP, AUD, NZD, CAD, CHF, JPY, USD – both in real time, and on historical data. The indicator generates a sound signal and a message when a trend changes. Never repaints signal. The strength of the signal is calculated for all pairs which include these currencies (28 pairs total), can have value from 0 to 6 on a bullish trend, and from 0 to -6 on a bearish trend. Thus, you will never miss a good move
Parabolic SAR is one of the most popular indicators allowing you to determine in a timely manner the trend reversal, get an early entry point and accurately define the place of profit taking. Parabolic SAR is very efficient in case of a trendy market but often gives false signals during a flat. In order to sort such signals out, it is possible to use the same indicator on higher timeframes. This eliminates the main drawback of the indicator during a flat, while retaining its advantage of early e
HMA Trend Professional MT4
Pavel Zamoshnikov
4.57 (7)
Improved version of the free HMA Trend indicator (for MetaTrader 4) with statistical analysis. HMA Trend is a trend indicator based on the Hull Moving Average (HMA) with two periods. HMA with a slow period identifies the trend, while HMA with a fast period determines the short-term movements and signals in the trend direction. The main differences from the free version: Ability to predict the probability of a trend reversal using analysis of history data. Plotting statistical charts for analyzi
The indicator automatically builds Support/Resistance levels (Zones) from different timeframes on one chart. Support-resistance levels are horizontal lines. As a rule, the market does not respond to a specific price level, but to a price range around the level, because demand and supply of market participants are not formed clearly on the line, but are “spread out” at a certain distance from the level. This indicator determines and draws precisely such a price range within which strong positi
Market Calculator is a powerful tool that allows you to easily and quickly calculate the main parameters of a trade: Lot size, StopLoss and TakeProfit, as well as estimate the amount of funds (required Margin) to open a position. The program has a very convenient and intuitive control, because implemented in OS Windows style. There are many interesting and handy features - just watch the video: youtu.be/FG2qqTJTIhE All program data are sorted into sections in the form of tabs: " Lot Calculator "
This is advanced Multi-Symbol and Multi-Timeframe version of the " Candle Pattern Finder " program (search for candlestick patterns based on the book by Gregory L. Morris "Candlesticks charting explained. Timeless techniques for trading stocks and futures" ). This version is implemented as an Expert Advisor-assistant to reduce the load on the terminal. The EA does not trade on its own. The program searches for candlestick patterns for ALL symbols of the "Market Watch" window and for ALL standard
The "Spread Monitor" indicator allows you to analyze the spread change during the day, control the expansion of the spread by your broker and has a number of interesting additional features Choosing a broker with a minimum spread value is very important for the work of night advisors, scalping and intraday trading. However, the MT4 terminal does not store spread data, so the multifunctional "Spread Monitor" indicator will be useful for any intraday trader. Features: The indicator shows the curr
The indicator determines the state of the market (trend or flat) using the upgraded Bollinger Bands of higher timeframes and colors the bars in trend/flat colors. The indicator also gives signals (arrow on the chart + Sound and notification to Mail, Push): signal at the beginning of every new trend; signal inside the trend (entry at the end of the correction) Signals are never redrawn! How to use the indicator? The indicator works very well intraday. When using the indicator for intraday (TF M
Filtro:
saroq
287
saroq 2022.10.12 16:19 
 

I like this indicator a lot. Trading with the dominant trend gives reliable signals to enter the market. Adding the Double HMA Light really helps with the visualization of the higher time frame which helps keep you on the right side of the trade. I have been using it for a few days and have been very successful in my trades.

Pavel Zamoshnikov
155296
Risposta dello sviluppatore Pavel Zamoshnikov 2022.10.12 16:44
Thank you! I am glad that my programs are useful.
Vladimir Shramchenko
558
Vladimir Shramchenko 2021.01.15 10:21 
 

Только купил, но при тесте на центовике вроде показывает неплохой результат. Буду дальше смотреть. Хочу его использовать в связке с чем нибудь еще для создания ТС. Спасибо за Вашу работу.

Pavel Zamoshnikov
155296
Risposta dello sviluppatore Pavel Zamoshnikov 2021.04.13 15:06
Благодарю Вас за отзыв!
340591
23
340591 2020.08.20 14:11 
 

Very intuitive and like the fact that higher TF (typically a "stronger" signal) is displayed on current TF. Very functional. I started with the free version and appreciate the developer offering this. First 2 trades were a +100 pip day! 5 stars.

Mikhail Ivantsov
251
Mikhail Ivantsov 2020.05.20 12:23 
 

Очень полезный индикатор, фактически готовая торговая система. Пожелание только одно, можно ли дополнить чтобы на формирующихся свечах, хал отображался другого цвета.

Ibrahim Ogretmen
1251
Ibrahim Ogretmen 2019.09.18 10:39 
 

Useless

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