The MACD Hull Signal indicator for Metatrader 5 uses the Hull moving average in its calculations and it provides accurate trading signals.
It’s an oscillator-type indicator that creates signals when the signal line crosses above or below the 0 level.
The indicator is beginner friendly and does not repaint the MACD Hull signal line.
How does it generate buy & sell signals?
- A cross back above 0 generates a buy signal.
- A cross back below 0 generates a sell signal.
The following indicator inputs and parameters can be customized: fast Hull period, slow Hull period, signal period, and price.
The MACD Hull indicator works for any trading instrument (Forex, Stocks, Indices, etc.) that can be loaded in the Metatrader 5 platform.
Please make yourself familiar with this technical indicator and test it first on a demo account before using it in a real trading account.
It supports all time frames and Forex pairs.
Free Download
Chart Example
The following chart shows what the MACD Hull Signal indicator looks like when applied to the MT5 chart.
How To Buy And Sell FX Pairs With The MACD Hull Signal Indicator?
Find a simple trading example below:
Buy Signal
- A buy signal is formed when the MACD Hull indicator crosses the 0 level bottom up.
- Open a buy trade and place your protective stop order below previous swing support.
- Exit the buy trade for a fixed take profit or hold the trade until the indicator crosses back below 0.
Sell Signal
- A sell signal is formed when the MACD Hull indicator crosses the 0 level top down.
- Open a sell trade and place your protective stop order above previous swing resistance.
- Exit the sell trade for a fixed take profit or hold the trade until the indicator crosses back above 0.
