Bollinger Bands Stops HMA Based Indicator for MT5

The Bollinger Bands Stops HMA Based Indicator displays trend-defining bands placed either below the price or above the price. As the name suggests, that indicator uses Hull Moving Average (HMA) and Bollinger Bands Stops to calculate the signals. When the blue band below the price is placed, it means that the trend-momentum is considered bullish. Conversely, the orange band placed above the price, it is a sign of a bearish trend-momentum.


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