HMA Indicator For MT5

HMA Indicator For MT5

The HMA Indicator For MT5 is not like a classical moving average that always has real-time calculation issues. With the help of the hull moving average, you can find a unique HMA often known as hull moving average responding to the price movement in a very precise way. When the price of the trading instrument falls, the moving average will also head south confirming the establishment of the bearish trend. On the contrary, when the price starts to gain bullish momentum, the moving average will start trading in the north. To maximize the profit factors by using this tool, you should use it in the daily time frame. Those who know the price action trading strategy can also look for the price action signals in the Hull Moving Average to place their trade. But make sure you never use too tight stops or big volume while trading the market with this indicator.

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Installing the HMA Indicator For MT5

After you downloaded the indicator via the form above you need to unzip the zip-file. Then you need to copy the file HMA.mq5 into the folder MQL5\Indicators of your MT5 installation. After that please restart MT5 and then you will be able to see the indicator in the list of indicators.

Parameters of the HMA Indicator For MT5

The HMA Indicator For MT5 has 2 parameters to configure.

input uint                 InpPeriod         =  20;            // Period
input ENUM_APPLIED_PRICE   InpAppliedPrice   =  PRICE_CLOSE;   // Applied price

Buffers of the HMA Indicator For MT5

The HMA Indicator For MT5 provides 4 buffers.

SetIndexBuffer(0,BufferHMA,INDICATOR_DATA);
SetIndexBuffer(1,BufferRAW,INDICATOR_CALCULATIONS);
SetIndexBuffer(2,BufferMAP,INDICATOR_CALCULATIONS);
SetIndexBuffer(3,BufferMAL,INDICATOR_CALCULATIONS);

Main Parts Of The Code

int OnCalculate(const int rates_total,
                const int prev_calculated,
                const datetime &time[],
                const double &open[],
                const double &high[],
                const double &low[],
                const double &close[],
                const long &tick_volume[],
                const long &volume[],
                const int &spread[])
  {
//--- @ gt 25@:0 =0  lt 8=8 lt 0;L= gt 5 : gt ;85AB2 gt  10@ gt 2 4;O @0AGQB0
   if(rates_total lt period_ma) return 0;
//--- @ gt 25@:0 8 @0AGQB : gt ;8G5AB20 ?@ gt AG8BK205 lt KE 10@ gt 2
   int limit=rates_total-prev_calculated;
   if(limit gt 1)
     {
      limit=rates_total-period_ma-1;
      ArrayInitialize(BufferHMA,EMPTY_VALUE);
      ArrayInitialize(BufferRAW,0);
      ArrayInitialize(BufferMAP,0);
      ArrayInitialize(BufferMAL,0);
     }
//---  gt 43 gt B gt 2:0 40==KE
   int copied=0,count=(limit==0 ? 1 : rates_total);
   copied=CopyBuffer(handle_maP,0,0,count,BufferMAP);
   if(copied!=count) return 0;
   copied=CopyBuffer(handle_maL,0,0,count,BufferMAL);
   if(copied!=count) return 0;
   for(int i=limit; i gt =0 && !IsStopped(); i--)
      BufferRAW[i]=2*BufferMAL[i]-BufferMAP[i];
//---  0AGQB 8=48:0B gt @0
   for(int i=limit; i gt =0 && !IsStopped(); i--)
      BufferHMA[i]=MAOnArray(BufferRAW,0,period_sqrt,0,MODE_LWMA,i);

//--- return value of prev_calculated for next call
   return(rates_total);
  }
//+------------------------------------------------------------------+
//| iMAOnArray() https://www.mql5.com/ru/articles/81                 |
//+------------------------------------------------------------------+
double MAOnArray(double &array[],int total,int period,int ma_shift,int ma_method,int shift)
  {
   double buf[],arr[];
   if(total==0) total=ArraySize(array);
   if(total gt 0 && total lt =period) return(0);
   if(shift gt total-period-ma_shift) return(0);
//---
   switch(ma_method)
     {
      case MODE_SMA :
        {
         total=ArrayCopy(arr,array,0,shift+ma_shift,period);
         if(ArrayResize(buf,total) lt 0) return(0);
         double sum=0;
         int    i,pos=total-1;
         for(i=1;i lt period;i++,pos--)
            sum+=arr[pos];
         while(pos gt =0)
           {
            sum+=arr[pos];
            buf[pos]=sum/period;
            sum-=arr[pos+period-1];
            pos--;
           }
         return(buf[0]);
        }
      case MODE_EMA :
        {
         if(ArrayResize(buf,total) lt 0) return(0);
         double pr=2.0/(period+1);
         int    pos=total-2;
         while(pos gt =0)
           {
            if(pos==total-2) buf[pos+1]=array[pos+1];
            buf[pos]=array[pos]*pr+buf[pos+1]*(1-pr);
            pos--;
           }
         return(buf[shift+ma_shift]);
        }
      case MODE_SMMA :
        {
         if(ArrayResize(buf,total) lt 0) return(0);
         double sum=0;
         int    i,k,pos;
         pos=total-period;
         while(pos gt =0)
           {
            if(pos==total-period)
              {
               for(i=0,k=pos;i lt period;i++,k++)
                 {
                  sum+=array[k];
                  buf[k]=0;
                 }
              }
            else sum=buf[pos+1]*(period-1)+array[pos];
            buf[pos]=sum/period;
            pos--;
           }
         return(buf[shift+ma_shift]);
        }
      case MODE_LWMA :
        {
         if(ArrayResize(buf,total) lt 0) return(0);
         double sum=0.0,lsum=0.0;
         double price;
         int    i,weight=0,pos=total-1;
         for(i=1;i lt =period;i++,pos--)
           {
            price=array[pos];
            sum+=price*i;
            lsum+=price;
            weight+=i;
           }
         pos++;
         i=pos+period;
         while(pos gt =0)
           {
            buf[pos]=sum/weight;
            if(pos==0) break;
            pos--;
            i--;
            price=array[pos];
            sum=sum-lsum+price*period;
            lsum-=array[i];
            lsum+=price;
           }
         return(buf[shift+ma_shift]);
        }
      default: return(0);
     }
   return(0);
  }
//+------------------------------------------------------------------+

 

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