A low-lagging and smooth moving average derived from digital signal processing. It signals the trend with colors, and features the option for alerts when the trend changes.

It is extremely simple to use:

• Green means the market is in an uptrend.
• Yellow means it is in a trend transition.
• Red means the market is in a downtrend.

Settings

• Price – price to be used in the calculation. 0 means Close.
• HMA_Period – period of the moving average.
• ColorMode – 1 will paint the moving average according to the trend, 0 will not paint.
• alerts – set to true to activate alerts.
• Email – set to true to activate e-mail alerts.
• PushNotifications – set to true to activate push notifications.

about us

Analytical Trader team is composed by a VSA trader who trades in Forex, stocks and commodities since 2008 with success. He is also a graduate in Physics currently taking a Msc. in Financial Mathematics; ample experience coding in C++, Matlab and MQL4.

... And a computers engineer with experience in multiple coding languages, including MQL4.