hull trend indicator for mt5

The Hull Trend Indicator for MT5 provides insights regarding market trends in a three different ways. Users can pick among line display, candles overlay and bar overlay.

Its formula is based on two hull moving averages and its performance is solid.

Example chart:

hull trend indicator example chart lines display

How to use the hull trend indicator for mt5?

No matter the display form, this hull indicator delivers clear clues for the short-term trends. It gives confidence to trade within given direction.

The color-coded readings use orange for bearish signals and blue for bullish signals. The entries are suggested to execute when a switch occurs.

The EUR/USD H4 chart displays a formation of candle overlay signals.

As you can see, there is an uptrend. Traders should consider taking long positions after first blue candles. Most trades would be profitable, however some may resulted in breakeven outcomes.

hull trend indicator example chart candles display

For the purpose of supporting the technical analysis, it can be used in combination with various indicators – it’s really versatile tool and serves well for all kind of confirmations.

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