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Indicateurs

Hull ribbon - indicateur pour MetaTrader 5

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8701
Note:
(15)
Publié:
2018.12.07 12:27
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Theory :

This "ribbon" indicator is using an Hull moving average variation indicator that was originally published (with some more explanation) here : Hull Variation

This version :

It is using the "speed" property of the Hull variation indicator to construct a ribbon. That makes a sort of two indicators crosses, even without changing the calculating period.

Usage :

As any crosses indicator. 

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The indicator determines the direction of the bar based not only on the Open/Close prices. Gaps and gaps in quotes are also determined.