Hull Variation Indicator for MT5 FREE DOWNLOAD


In the fast-paced world of trading, having access to innovative indicators is essential for staying ahead of market trends. The Hull Variation Indicator, designed for MetaTrader 5 (MT5) and available for free download, is a potent tool that empowers traders to decipher trends and potential market reversals with enhanced accuracy. This article delves into the features, advantages, and practical applications of the Hull Variation Indicator for MT5.

Exploring the Hull Variation Indicator

The Hull Variation Indicator is a unique technical analysis tool that seeks to provide a more accurate representation of price trends and reversals. It combines the principles of the Hull Moving Average (HMA) and a momentum oscillator to create a powerful indicator that enhances trend identification and momentum analysis.

Key Components of the Hull Variation Indicator:

  1. Hull Moving Average (HMA): The HMA is designed to minimize lag while providing a smooth moving average line that reacts quickly to price changes. It accomplishes this by utilizing weighted moving averages and a period calculated based on the square root of the time frame.
  2. Momentum Oscillator: The momentum oscillator component of the Hull Variation Indicator helps traders identify the strength of trends and potential overbought or oversold conditions.

Benefits of the Hull Variation Indicator

  1. Lag Reduction: By incorporating the principles of the Hull Moving Average, the Hull Variation Indicator significantly reduces lag, allowing traders to spot trends and potential reversals more promptly.
  2. Trend Identification: The Hull Variation Indicator excels at identifying trends by providing a smooth and responsive moving average line. This enhances the clarity of trend direction.
  3. Momentum Analysis: The momentum oscillator component helps traders assess the strength of trends and the potential for overbought or oversold conditions.
  4. Divergence Detection: The Hull Variation Indicator can be used to identify divergences between price movements and indicator readings, providing insights into potential trend reversals.
  5. Customization: Traders can customize the indicator’s parameters, including the HMA period and the momentum oscillator settings, to align with their trading preferences.

Installing and Using the Hull Variation Indicator in MT5

  1. Download the Indicator: Locate a trusted source offering the Hull Variation Indicator for MT5. Make sure the indicator file is in the correct format.
  2. Installation: Open your MetaTrader 5 platform and navigate to the “File” menu. Choose “Open Data Folder” to access the installation directory. Inside the “MQL5” folder, locate the “Indicators” folder and paste the downloaded indicator file.
  3. Restart MT5: Close and reopen your MetaTrader 5 platform to ensure proper loading of the indicator.
  4. Applying the Indicator: Open a chart for your desired trading instrument. In the “Navigator” panel, expand the “Indicators” section and locate the Hull Variation Indicator. Drag and drop it onto the chart. Customize the indicator settings as per your trading preferences.


The Hull Variation Indicator for MT5 is a versatile tool that offers traders a refined view of price trends and momentum. By combining the innovative Hull Moving Average approach with a momentum oscillator, this indicator provides a dynamic perspective on market dynamics. Traders can download and install the Hull Variation Indicator for free, incorporating its capabilities into their trading strategies. However, as with any trading tool, combining insights from the Hull Variation Indicator with comprehensive analysis is paramount for achieving successful trading outcomes.

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