HMA Trend Indicator MT4

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HMA Trend Indicator MT4 in MetaTrader 4
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The HMA Trend Indicator MT4 is a trend indicator for MetaTrader 4 and is designed to identify the overall price movement trend. It plots a line on the main price chart, turning green during bullish markets and red during bearish trends. The HMA significantly reduces lag compared to traditional moving averages, enhancing its responsiveness to real-time market conditions. This improvement effectively filters out market noise, providing a smoother indicator line and increasing its effectiveness for lower time frame trading.

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This indicator is suitable for use by traders of all skill levels and across all time frames. Its versatility extends to trading multiple currency pairs within any forex trading system or strategy, for additional confirmation of a current trend and shift in a trend.

Indicator Settings

How to Install HMA Trend Indicator MT4

Download and extract files in the MetaTrader “Indicators” Data Folder found in the Main Menu File section:

Free MT4 indicator download

The “Indicators” folder is located in the “MQL4” folder.
Restart MetaTrader Platform.

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