The strategy is simple MA cross over but with the early indication using Hull ma gives you a heads up on trend / price reversal.
I'm using this in conjunction with BB set at 34. on a 1/3/5 min charts & Heiken Ashi to smooth out the noise with awesome success trading Binary options.
//Script edited by vdubus study(title="vdubsox ", shorttitle="vdubsox ", overlay=true) //--------------------Strength indicators MA------------------ m4_src = close m4_p = input(5, title="Strength indicator MA4:") plot(sma(m4_src, m4_p), color=red, linewidth=3, title="Strength indicator MA4") m5_src = close m5_p = input(8, title="Strength indicator MA5:") plot(sma(m5_src, m5_p), color=blue, linewidth=3, title="Strength indicator MA5") //=============Hull MA============================== source = close, length = input(9, minval=1) hullma = wma(2*wma(source, length/2)-wma(source, length), round(sqrt(length))) plot(hullma)
So for me to understand it. you use a 1min chard in witch each candle represents 1minute. The step in is at the lowest or highest candle and the expiration is in case of an 5 min trade 5 candles further??