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This is a multi-timeframe version of the popular Hull Moving Average (HMA).
The Double HMA MTF Light indicator combines two timeframes on a single chart. The HMA of the higher timeframe defines the trend, and the HMA of the current timeframe defines short-term price movements.
The indicator is freely distributed and hasn't audio signals or messages. Its main function is the visualization of price movements.
If you need advanced functionality of the HMA multi-timeframe indicator (information about the HMA indicator readings on all timeframes, convenient visual signals of entry points, audio and text messages, send to e-mail and mobile devices), try the Double HMA MTF indicator.