HMA_Russian_Color.mq4
I've been using a pair of Hull MAs, 8 & 15, set up in blue and red.
Only trade when both blue lines match up or when both red lines match up.
For the cautious, Exit is when one line turns the opposite colour
Reversal is when both colours line up against your previous direction
For the adventurous, Re-entry or Adding to position when one lines turns the opposite colour in the expectation that the previous trend will re-establish. Exit would then be when both lines go against you.
ie in the chart attached, on the right edge cautious can exit their trade while others might add to their short.
I'm not going to go into Stops etc, you're all big enough and ugly enough to work that out for yourself, or you shouldn't be here. Just wanted to share this unusual method of using the Hull MA
I've been using a pair of Hull MAs, 8 & 15, set up in blue and red.
Only trade when both blue lines match up or when both red lines match up.
For the cautious, Exit is when one line turns the opposite colour
Reversal is when both colours line up against your previous direction
For the adventurous, Re-entry or Adding to position when one lines turns the opposite colour in the expectation that the previous trend will re-establish. Exit would then be when both lines go against you.
ie in the chart attached, on the right edge cautious can exit their trade while others might add to their short.
I'm not going to go into Stops etc, you're all big enough and ugly enough to work that out for yourself, or you shouldn't be here. Just wanted to share this unusual method of using the Hull MA