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.

Trading Signals

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.

Download

Download the HMA_v2 Metatrader 4 indicator.

Configurable Indicator Options

Price, HMA_Period, PctFilter, ColorMode, AlertMode,…

USD/JPY 30 Min Chart Example

buy-sell-forex-dots-indicator

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