Timeframe: Any
Recommend pair: Any major pair
Indicator: Hull Moving Average
Platform: MT4, TradingView
Long trade setup
Entry
When the price goes above the HMA, it presents a potential buying opportunity.
Take-profit
Set TP when the price goes below the HMA.
Stop-loss
Place a stop-loss order near the recent low from the entry point.
Example:
In the chart below, the price went above the HMA, presenting a good long entry point.
Long trade setup
Short trade setup
Entry
When the price goes below the HMA, it presents a potential selling opportunity.
Take-profit
Set TP when the price goes above the HMA.
Stop-loss
Place a stop-loss order near the recent high from the entry point.
Example:
In the chart below, the price went below the HMA, presenting a good short entry point.
Short trade setup
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