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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 the HMA_v2.mq4 Metatrader 4 indicator

    Configurable Indicator Options

    Price, HMA_Period, PctFilter, ColorMode, AlertMode,…

    USD/JPY 30 Min Chart Example


    How to install the HMA V2 custom indicator in Metatrader 4?

    • Download the HMA_v2.mq4 indicator to your computer.
    • Open your Metatrader 4 platform.
    • Open the data folder from the top menu.
    • Open the MQL4 folder.
    • Open the indicators folder.
    • Paste the indicator file in this folder.
    • Restart the trading platform.
    • Open any trading chart.
    • Attach the indicator to the chart.