HMA v2 Trend Following Metatrader 4 Indicator
The indicator is called the HMA MT4 indicator. It’s a trend following indicator based on the HMA period with trading filter. Blue dots indicate bullish pressure while orange dots indicate bearish pressure. Works on any time frame.
Buy: Wait for the first lightblue dot to appear.
Sell: Wait for the first orange dot to appear.
Use in conjunction with other indicators/analysis tools.
Configurable Indicator Options
Price, HMA_Period, PctFilter, ColorMode, AlertMode,…
USD/JPY 30 Min Chart Example