- Powerful 3 calculation used in one. average true range Multiplier, Hull moving average & Sensitivity.
- Clearly shows trend direction, volatility, momentum & sentiment of any financial market.
- Dynamic stop loss levels formed by the help of average true range calculation which is produced right from the long or short signal and does stretch until the opposite directional signal appears.
- Price above the hull moving average signalling potential bullish move in the market while the price below signalling potential bearish move.
- Dynamic resistance and support levels. When the price is below the hull than the hull moving average acts as a dynamic resistance and while the price is above the hull moving average than it acts as a dynamic support. Most of the time price test the hull moving average and either breakout or pulls back.
- Generates potential long and short trade signals using a complex formula of volatility , momentum, and trend following.
- Traders can determine the strength of a trend by looking at the colour of the moving average. Green: up-trending market, Red: down-trending market.
- ATR calculation method can be changed from normal (ATR) to SMA version true range inside setting by ticking or unticking the input function named “Change ATR Calculation Method”.
- Long and short signals labels can be turn off/on using “Reveal Long/Short Signals”.
- Background colour can be shown/hidden using “Signal-light Show/Hide”.
- Multiple hull type available: HMA , WMA & EMA . The moving average can be coloured according to the trend, candles body colour can be set based on hull moving average’s either up or down. Toggle option for showing hull moving average as a band or normal thin line available within the setting of the indicator.