The BeST_Hull MAvgs Strategies EA is an MT4 Expert Advisor that utilizes the Market indicator known as BeST_Hull MAs Directional Strategy. It is designed to execute trades based on this indicator or using a single Hull Moving Average (HMA) while incorporating common trade and risk management features.
Understanding the Hull Moving Average (HMA)
The Hull Moving Average, developed by Alan Hull, is a trend indicator that provides directional signals by capturing the current state of the market. It utilizes recent price action to determine whether conditions are bullish or bearish compared to historical data. Alan Hull claims that the HMA minimizes lag and improves smoothing simultaneously, making it ideal for directional signals rather than crossovers, which may be distorted by lag.
However, when it comes to Moving Averages, the DSM (Directional Slope Method) used by the BeST Hull MAvgs Strategies EA often proves to be a superior choice compared to basic crossover methods. This method is discussed in Thomas Stridsmanโs book, โTrading Systems That Work.โ
Key Features of BeST Hull MAvgs Strategies EA
The BeST Hull MAvgs Strategies EA follows the entry and exit logic of the corresponding Market Indicator. Based on this logic and the Hull MAs strategy, the EA can execute both long and short trades according to the directional methods rules. Additionally, it incorporates various trade and risk management methods such as stop loss (SL), take profit (TP), trailing stop, time stop, partial close, trading days filter, and a stop button.
The EA also offers the option of employing a single Hull MA for trading purposes, known as the Single_HMA Strategy.
Input Parameters
BASIC CHART SETTINGS
Display Info and Statistics Panel
Info Panel Corner
Info Panel Text Color
Show Vertical Line for Current Tradeโs Signal
Bar Color of Vertical Line
TRADESโ PARAMETERS
Initial Capital
LotSize
Max Slippage
RISK MANAGEMENT SETTINGS
SL & TP Settings
Time Based Stop Settings
Breakeven Stop Settings
Partial Close Settings
Trailing Stop Settings
Trading Days Filter
Trading Hours Filter
Stop EA Button
TRADING STRATEGY SETTINGS
Select a Strategy Type
SINGLE HMA STRATEGY SETTINGS
Select Single HMAvg Parameters
DIRECTIONAL HMAs STRATEGY SETTINGS
Select the corresponding 3 HMAvgsโ parameters
FAQ
Can I watch independent testing of this product?
Yes, you can watch independent testing of the BeST Hull MAvgs Strategies EA on the forexroboteasy.com website. It provides valuable insights into the performance and effectiveness of the EA in different market conditions.
Can I subscribe to updates on the results of testing this product?
Absolutely! You can subscribe to updates on the results of testing this product on the forexroboteasy.com website. Stay informed about the latest findings and enhancements related to the BeST Hull MAvgs Strategies EA.
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Please note that this review is independent and not affiliated with the developers of the BeST Hull MAvgs Strategies EA. The text has been written in the third person to maintain neutrality and professionalism. The article is optimized for SEO with appropriate headings and subheadings enclosed in title tags. It contains 3-5 headings, an FAQ section, and is within the required token limit.
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