Forex Awesome Accelerator and HMA Trading Strategy gives you details about trend direction & trend momentum strength and spots trade entry/exit points according to the dynamic momentum conditions.
Forex Awesome Accelerator and HMA Trading Strategy earned its popularity among the scalpers for its instant but reliable trade signals with very deep briefing about each moment market states.
After installing and applying Forex Awesome Accelerator and HMA Trading Strategy in your mt4 trading platform, your chart will look like the image below:
- HMA Indicator: HMA stands for Hull Moving Average and it is located at the main chart window. HMA turns red to signal the bearish and green to indicate the bullish trend.
- AC Indicator: Also known as Accelerator Oscillator, situated at the second indicator window. It supports the HMA signals with its movement above or below the zero level and red/white color combination to express the current price sentiment.
- AO Indicator: AO indicator is also known as Awesome Indicator. Quite similar to AC indicator it also validates the trend direction of HMA indicator. AO indicator above zero or white signals bullish momentum and below zero or red tells market is in bearish condition.
Generally Accepted Use:
- HMA indicator turns green
- Both AC and AO indicators are white and best if above zero level
- Buy triggers when the above conditions are met
- Stop loss (SL) below the respective signaling bar low
- Take profit (TP) when all the indicators turn red and any of AC or AO indicator moves below zero level
- HMA indicator turns red
- Both AC and AO indicators are red and best if below zero level
- Sell triggers when the above conditions are met
- Stop loss (SL) above the respective signaling bar high
- Take profit (TP) when all the indicators turn white/green and any of AC or AO indicator moves above zero level
Download Free Forex Awesome Accelerator HMA Strategy