Hull Turnaround Signal
Hull Turnaround Signal

Hull Turnaround Signal

Date
Oct 29, 2024 9:20 PM
Tags
SignalsHowTo

The Hull Turnaround Signal is designed to catch pivotal points where a trend shows signs of reversing based on momentum changes captured by the Hull Moving Average (HMA).

This signal’s strength lies in its layered approach, combining key indicators for a robust view on potential trend shifts.

What It Detects

Bullish Turnaround

  • Hull MA Crossover: The short HMA crosses above the long HMA within the last 5 candles, suggesting an upward momentum shift.
  • Stochastic Oscillator Confirmation: %K crosses over the oversold threshold, signaling potential bullish momentum.

Bearish Turnaround

  • Hull MA Crossover: The short HMA crosses below the long HMA within the last 5 candles, indicating a possible downward shift.
  • Stochastic Oscillator Confirmation: %K crosses under the overbought threshold, marking potential bearish momentum.

Why It’s Powerful

  • Momentum Clarity: By tracking the Hull MA and momentum indicators like Stochastic, the signal reveals early trend shifts, catching reversals with strong momentum.
  • Selective Conditions: Using multiple filters, the Hull Turnaround Signal minimizes noise and provides high-confidence reversal alerts.
  • Ideal Timing: A recent detection window (last 5 candles) means signals are timely, alerting traders just as trends begin to shift.

This signal is a strong ally for traders looking for selective, momentum-driven trend reversals within reliable setups.