triple fast ema hull
Info
The triple fast ema hull is a Indicator for MetaTrader 5 that basics : the indicator is using 3 instances of the new fast ema hull (originally published here : ). that indicator is an extremely fast and smooth moving average.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use triple fast ema hull
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
basics : the indicator is using 3 instances of the new fast ema hull (originally published here : ).
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: triple exponential average (trix) - another powerful indicator for MetaTrader 5 traders.
basics :
the indicator is using 3 instances of the new fast ema hull (originally published here : ). that indicator is an extremely fast and smooth moving average. combining 3 instances of fast ema hull averages to 3 prices (close, high and low) can help in giving us a sort of an over-all look at the current trend assessment.
Also recommended: triple exponential moving average (tema) - similar indicator with strong performance on MetaTrader 5.
usage :probably the best way to use is to wait for the 3 instances to have the same slope color and then to use that slope as an indicator of a current trend, but the channel can be used too (for ranging periods when the channel can be used as a sort of a no trade zone). in any case, some experimenting with the hull period is advised for different symbols and different styles of trading.
You may also like: Fast Trend Line Momentum and Slow Trend Line Momentum Indicators - excellent alternative for indicator users on MetaTrader 5.
Source Code
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⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.