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OsHMA - Indicator for MetaTrader 4

OsHMA
TypeIndicators PlatformMT4 Version10 Date created 6 July 2015 Date updated 3 August 2017
Formatmq4 Size2.8Kb Downloads350 Rating
4.7 of 5
based on 82 rates

This indicator belongs to the class of oscillators. It is developed on the basis of Hula moving average and has some similarities with MACD. Unlike exponential moving averages, OsHMA allows to anticipate the market's readiness to change the trend as it reacts more quickly to price movements. The indicator is good at finding divergences and gives good results when trading in the trend market.

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