Hull Moving Average Metatrader 4 Indicator
The Hull Moving Average for MT4 is a popular trend following indicator based on moving averages with period 21. Green Hull trend line suggests bullish currency trend. Purple Hull trend line suggests bearish currency trend.
BUY: In uptrends: Go long if the trend line flips from purple to green.
SELL: In downtrends: Go short if the trend line flips from green to purple.
Use in conjunction with trend analysis tools to determine the primary trend. Don’t trade against the primary trend.
USD/JPY Daily Chart Example