Graphics or examples of what it looks like in action - Hull
Last updated
Last updated
The Hull indicator is known for its smoothness and its ability to closely track price action, providing clearer and less lagging signals.
Let's delve into its visualization and behavior across different market scenarios.
Description: In this chart, you can observe how the Hull changes to green when the trend is bullish and red when it's bearish. During a strong uptrend, for example, the price generally remains above the Hull.
Description: Every time the price crosses the Hull upward, it could be a buying signal, and vice versa for a selling signal. These intersections, combined with the Hull's coloring, can provide optimal entry and exit points.
Chart C: By visualizing it as bands, the space between the Hull lines can act similarly to Bollinger Bands.
[Insert Chart C]
Description: Here, you can see how the price moves between the Hull bands, and at times, when it reaches the upper or lower band, there may be a reversal or retracement. This can serve as a tool to identify potential overbought or oversold zones.
Description: By observing the Hull on a daily time frame, a trader can identify a predominant trend. Then, on the 1-hour time frame, they can look for entries that align with that larger trend, using Hull crosses and coloring as a guide.
