
Hull Style ATR Indicator
Platform: MT4 Type: Volatility Last update: October 6, 2024The Hull Style ATR indicator is a combination of the Hull Moving Average and the Average True Range.
It is a basically a simple crossover trading tool – it consists of green and purple line displayed in a window placed just below the main chart.
The Hull Style ATR should be used with conjuction of a trend-following gauge, i.e. high-period Exponential Moving Average. Ignore counter-trade signals.
Simplified trading rules for Hull Style ATR are the following:
- Open buy trade when there is an uptrend and green line crosses above purple line. Set you stopp loss a few pips below last swing low. Close your trade when the opposite signal occurs.
- Open sell trade when there is an downtrend and green line crosses below purple line. Set you stopp loss a few pips above last swing high. Close your trade when the opposite signal occurs.