Vinin HMA Indicator
Platform: MT4 Type: Trend Last update: September 25, 2024The Vinin HMA Indicator is based on the Hull Moving Average (HMA) and works in a very similar manner to the standard Moving Average indicator, but it is smoother, less noisy, and most importantly, gives easy-to-read signals. The line of the Vinin HMA Indicator can be colorized to red, green, and yellow. Obviously, green line indicates a bullish trend-momentum, red reflects a bearish trend-momentum, and yellow is a sign of market indecision.
Example trade with the Vinin HMA Indicator
Below is the screenshot of an example trade with the Vinin HMA Indicator.
As you can see the color of the Vinin HMA indicator switched from red to green. Then, an upward impulse took place. There was also a very clear moment to close the trade.