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Hull Moving Average Difference as a Trend Histogram

Article MQL5 code base

Summary

This brief indicator description introduces a trend tool that displays a colored histogram based on the difference between a Hull Moving Average and an averaging of that moving average. Its stated purpose is to make the trend signal visible in histogram form, offering traders a way to observe changes in the smoothed price trend.

The document gives no parameter guidance, signal interpretation rules, market examples, or performance evidence. It also notes that the implementation relies on a separate smoothing library, but does not explain its calculations in enough detail to reproduce or assess them. Treat the indicator as a visualization concept rather than a tested standalone strategy; further documentation and market-specific evaluation would be needed before using it for trading decisions.

Key ideas

  • The indicator presents trend information as a colored histogram.
  • Its values represent the difference between a Hull Moving Average and an averaging of that measure.
  • The description provides no trading rules, parameter analysis, or performance results.
  • Implementation depends on a separate smoothing library.

Tags

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