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Overview
The BeST Hull Single MA Strategy is a renowned indicator in the Forex Trading world, designed for the Metatrader platform. It is built on the renowned Hull Mov. Average, which is regarded as a substantial directional trend indicator within Forex Strategies. This indicator’s primary objective is to capture the current market state, utilizing recent price action to discern whether the conditions are bullish or bearish in relation to historical data.
The Hull Moving Average (HMA)
The Hull Moving Average (HMA), developed by Alan Hull, is a significant component of the BeST Hull Single MA Strategy. The HMA is known for its capacity to almost entirely eliminate lag, improving smoothing simultaneously. Alan Hull suggests employing his moving average for directional signals instead of crossovers, which can potentially be distorted by the lag.
The Directional Slope Method (DSM), utilized by this indicator, often provides a better choice than basic crossover methods. This method is widely discussed in Thomas Stridsman’s work, “Trading Systems That Work.” Based on the Hull MAs logic, the BeST Hull Single MA Strategy is able to signal Long and Short reversed trades following the Directional method.
Significant Input Parameters
This indicator offers a range of input parameters, including Hull_MA Period, HMAShift, Hull_MA Method, and Hull_MA Price. These are part of the basic settings of the indicator and play a crucial role in determining the trading results.
Displaying Settings
The BeST Hull Single MA Strategy offers a plethora of displaying settings, such as Chart Background Color Changes, Show Entry Price Level, Show Vertical Line for Current Trade’s Signal Bar, Display Info Panel, and Info Panel Corner. Users can also customize Info Panel Text Color according to their preferences.
Graphical and Arrow Settings
The indicator also allows for graphical customization, including Buy Price Line Color, Sell Price Line Color, and size adjustments. The Arrow Settings enable traders to view entry signals (arrows), adjust the distance between HMA and Entry Signals, and modify the size of arrows as per their needs.
Alert Settings
The alert settings in the BeST Hull Single MA Strategy make it possible for traders to enable Buy & Sell Signals’ MT4 Alert, Email Alert, and Push Notification. This ensures that traders do not miss out on any potential trading opportunities.
For EA Developers
The BeST Hull Single MA Strategy also caters to the needs of EA developers. It provides specific buffer indicators for Buy Arrow (Buffer 2) and Sell Arrow (Buffer 3).
Independent Testing and Updates
For those interested in witnessing the BeST Hull Single MA Strategy in action, independent testing of the product is available on the forexroboteasy.com website. By subscribing to updates, users can stay informed about the latest test results of this product.
If you’ve used the BeST Hull Single MA Strategy, your feedback and experiences are welcome. Sharing your insights can help others make informed decisions about incorporating this tool into their Forex Analysis and strategies.
FAQ Section
What is the BeST Hull Single MA Strategy?
The BeST Hull Single MA Strategy is a Metatrader Indicator based on the Hull Mov.Average. It is designed to capture the current market state and uses recent price action to determine if conditions are bullish or bearish.
Who developed the Hull Moving Average?
The Hull Moving Average (HMA) was developed by Alan Hull.
Where can I see the BeST Hull Single MA Strategy in action?
You can watch independent testing of the BeST Hull Single MA Strategy on the forexroboteasy.com website.
Can I customize the display and alert settings in the BeST Hull Single MA Strategy?
Yes, the BeST Hull Single MA Strategy offers comprehensive customization options for display and alert settings.
Please note that this is an independent product review. The BeST Hull Single MA Strategy is not affiliated with this review or the author of it.
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