HalfTrend Entries Filtered by HEMA and a Simple Moving Average

Summary

This indicator combines HalfTrend reversal arrows with a Hull Estimate moving average (HEMA) and a simple moving average (SMA) to define directional entry signals. A long signal requires HEMA above SMA, a bullish HalfTrend turn, and the candle body above HEMA. A short signal requires the inverse alignment and a bearish HalfTrend turn. An option changes the candle filter so the full candle, rather than only its body, must clear HEMA. The notes suggest using a shorter HEMA period for shorts and warn that higher timeframes may produce infrequent signals.

The document supplies indicator settings and a short BTC/USDT futures backtest window, but no results or performance analysis. Its source is labeled as an indicator while also containing strategy entry calls, so the executable behavior may depend on the platform or require adaptation. The rules specify entries but do not describe exits, stop placement, or position sizing, leaving key risk controls undefined.

Key ideas

• Long signals combine HEMA above SMA, a bullish HalfTrend reversal, and a candle body above HEMA.
• Short signals use the opposite alignment and a bearish HalfTrend reversal.
• The candle filter can require either the body or the entire candle to clear HEMA.
• The document reports test settings but gives no performance evidence or exit and sizing rules.
• The source mixes indicator and strategy constructs, which may affect how it runs.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.