vStore is your one-stop-shop for VertexFX plugins and apps. vStore categorizes the plugins/apps to make it easier for both front-end and back-end users to reach what they need
HMA Color (Harmonic Moving Average) is a powerful VertexFX client side VTL indicator that provides adaptive Moving Average based on the harmonic patterns algorithm. Harmonic patterns are a powerful tool to uncover hidden trends. The Harmonic Moving Average is a composite average calculated over the main HMA_PERIOD, the half HMA_PERIOD and the square-root of the HMA_PERIOD.
At first step, we calculate the Exponential Moving Average (EMA) of the full harmonic period, HMA_PERIOD. In second step, we calculate the Exponential Moving Average (EMA) of the half harmonic period, which is HMA_PERIOD / 2. Finally we calculate the third HMA component, which is the EMA of the square-roof harmonic period, which is SQRT(HMA_PERIOD).
The full harmonic EMA is subtracted from twice the value of the half harmonic EMA. This value is then compared with the square-root HMA. In an uptrend, the square-root HMA is considered, whereas in a down-trend the difference is considered. This forms the basis of the HMA indicator.
When the price closes above the indicator value, the indicator color is set to Green and when the price closes below the indicator value, the indicator color is set to Red.
Buy: Place Buy position at close of candle when the indicator color is Green.
Do not place Buy position if candle has gap-up opening.
Stop Loss can be placed below the nearest swing low.
Sell: Place Sell position at candle close when the indicator color is Red.
Do not place Sell position if candle has gap-down opening.
Stop Loss can be placed above the nearest swing low.
Download HMA_Color.vtl (1226 views)
Ask, Share, Engage
A Trader or A Developer?
Enter the Project ZoneAll in one Mirror![]() Description: All In One Mirror (AIO Mirror) indicator is an innovative VertexFX indicator based on the popular MACD, RSI, CCI and Sto ... |
Relative ATR![]() Description: Relative Average True Range indicator, also termed as RelativeATR is VertexFX indicator which is an enhanced adaptation ... |
Sigma Bands![]() Description: Sigma Bands is a VertexFX client-side indicator that uses the statistical concept of standard deviation to identify tren ... |
VertexFX Bridge![]() Description: VertexFX Risk Management Bridge is a back end software used to connect your VertexFX system to another one for clearing an ... |
VertexFX News Trader 11![]() Description: Never miss out news trading opportunities again! VertexFX auto News Trader for VertexFX 11 is a unique trading plugin tha ... |
Butterworth 2 Pole![]() Description: The Two Pole Butterworth filter is a VertexFX Indicator which uses smoothing method termed as low-pass filters to reduce ... |
PTL Perfect Trend Lines![]() Description: Perfect Trend Lines, PTL, is a short-term trend trading indicator. The lines showing the trend in this indicator are not ... |
sRSI -Sell Relative...![]() Description: sRSI (Sell Relative Strength Index) is a powerful VertexFX client-side indicator based on enhanced implementation of the ... |
Traffic Light![]() Description: Traffic Light is a VertexFX client-side Trading Robot that identifies entry and exit signals based on convergence and di ... |
Started in 2002, Hybrid Solutions Group provides FOREX Online Trading Platform. Hybrid Solutions has adopted the latest technologies and international standards to develop its Online Trading Platform, VertexFX.
UK: +44-2-071-936-008
Australia: +61-280-114-343
USA: +1-845-657-3272
HK: +852-8199-0933
Jordan: +962-6-552-0822
Sales Chat on WhatsApp
This website and its content are copyrights of Hybrid Solutions - © Hybrid Solutions 2002 - 2020. All rights reserved.
Disclaimer: Hybrid Solutions is the VertexFX trading platform vendor, provides technology only for the financial institutes and does not have any intervention in any financial role or in the trading cycle. Hybrid Solutions clears its responsibility from any financial institute's behavior. Choose your broker wisely and seek independent advice if necessary.
اخلاء مسؤولية: هايبرد سوليوشنز هي الشركة المزودة لبرنامج (الفيرتكس اف اكس) للتداول الالكتروني ، تزود فقط التكنولوجيا اللازمة للوسطاء ولكنها لا تتدخل بأي شكل مهما كان في عمليات التداول أو بأي دور مالي. هايبرد سوليوشنز تخلي مسؤوليتها بشكل كامل عن تصرفات الوسطاء او كل ما من شأنه أن يسبب الخسارة للمتداول ، إختر وسيطك بتأني واطلب النصيحة من المختصين بالتداول عند الحاجة.