Dial indicator Average True Range Hull built on a combination of the average true range of the ATR and the Hull moving average HMA.
Trading signals are generated when the indicator starts plotting either on top of the close price or below the close price using the trend tracking method, calculating the ATR and its multiplier along with other calculations that control the signal generation rate, while the average true range multiplier controls the amount signals to be generated.
The most important input values of the indicator are:
- ATR period;
- ATR multiplier;
- sensitivity (HMA).
Dial indicator Average True Range Hull easy to use and provides an accurate view of current trends, sentiment, volatility and momentum. It has an alert function for trading signals, a beautiful background color that displays the general market sentiment for any financial instrument on which the indicator is used.
Other profitable indicators for trading