Hull Moving Average gives signals but I think it gives too many signals and sometimes gives false signals. I already use 2 MACDs histograms for Buying and Selling signals. I just want to use this for trend identifying.
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I see, 200MA is much useful than others parameter! But, it’s your choice.
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When it’s in downtrend you search only for sell opportunities and viceversa or something like that?
Seems like the Hull MA is effectively a faster indicator, so maybe a 50HMA is approximate to a 45EMA or a 40SMA?
Faster MA’s give more signals, but not necessarily better accuracy, so I don’t see an obvious advantage of the Hull in trend-following. All my trades are trend-following and I always initially define trend with 20 and 50EMA’s - if the 20 is above the 50 and the 50 is sloping consistently upwards, its an uptrend, if the 20 is below and the 50 is sloping consistently downwards, its a downtrend. NB: Changes in EMA sequence and in 50 slope are not trade entry/exit signals.
After that I look at the weekly bars compared to the daily 50EMA to evaluate the opportunity - not all trends are worth the risk of following, while some I want to join right away, others I prefer to wait.
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Never heard of the the Hull, I’ll check it out.
Yes mate, most of the time I would like to follow the market trend; but I don’t open my trade only based on the position of moving average tool.