HMA Support & Resistance Strategy
The Hull Moving Average indicator can in some cases be used to outline support and resistance levels. It doesn't work for every asset out there but there are some that have enjoyed this in the past 6 months, such as the OCEAN cryptocurrency on the chart above.
This is a strategy to utilize this method, so you can test the assets you trade, including using month-by-month testing, to see whether or not a HMA Support / Resistance strategy could be profitable on them. Simply keep changing the HMA length value and make sure to test at least 5-6 months into the past to see whether each month was profitable to determine the best potential fit for this strategy.
This is a strategy to utilize this method, so you can test the assets you trade, including using month-by-month testing, to see whether or not a HMA Support / Resistance strategy could be profitable on them. Simply keep changing the HMA length value and make sure to test at least 5-6 months into the past to see whether each month was profitable to determine the best potential fit for this strategy.