Hey Traders,
I wanted to share a strategy that proves even simple setups can be highly profitable when paired with solid risk management. Today, I’m talking about the HMA (Hull Moving Average) Crossover with a Trailing Stop.
FILES:
HMAcross_with_Trail.txt (24.6 KB)
set_GU_10m.csv (524 Bytes)
Why This Strategy Works:
- HMA Crossover : The Hull Moving Average is known for its smoothness and responsiveness. A crossover strategy (e.g., fast HMA crossing above/below slow HMA) helps identify trends early.
- Trailing Stop : This is where the magic happens. Instead of using a fixed stop-loss, the trailing stop locks in profits as the trade moves in your favor, protecting you from reversals.
The Key to Success: Risk Management
Many traders overlook risk management, but it’s the backbone of any profitable strategy. By using a trailing stop, you:
- Minimize losses during choppy markets.
- Maximize gains during strong trends.
- Remove emotion from your trading decisions.
Here’s How You Can Try It Yourself:
I’ve attached the Pine Script and a set file for you to copy the exact strategy. Simply import it into TradingView, and you’re ready to go.
The Best Part? It’s Ready to Automate!
Once you’ve tested and tweaked the strategy to your liking, you can automate it effortlessly using PineTrader.io. Simply add your
license, and the tool will send the orders directly to your MT5 terminal—no coding required.
This means you can run this strategy 24/7, even while you sleep.
Give it a try, and let me know what you think! If you have any questions or need help setting it up, feel free to ask.