Hull Suite Strategy

The Hull Suite Strategy indicator provides a comprehensive backtesting framework based on the Hull Moving Average variations to identify trend reversals and execute automated trading signals.

Usage

The Usage section describes how the script can be used, examples should be provided in this section. This tool is primarily used to evaluate the performance of Hull-based trend-following systems across different asset classes and timeframes.

• Trend Following: Users can utilize the strategy to capture long-term swings by setting a higher length (e.g., 180–200) or trade shorter-term momentum shifts using a length of 55.
• Directional Filtering: The strategy can be restricted to only take long positions, only short positions, or both, depending on the prevailing market regime.
• Visual Confirmation: By enabling the "Band" and "Candle Coloring" features, traders can visually verify if price action aligns with the strategy's internal logic before committing to a trade.

Details

The script is a refactored version of the original Hull Suite by @DashTrader, optimized for the TradingView strategy tester. It calculates three distinct variations of the Hull Moving Average: the standard Hull Moving Average (HMA), the Exponential Hull Moving Average (EHMA), and the Triple Hull Moving Average (THMA).

The core logic relies on the relationship between the current Hull value and its value from two bars prior. A bullish state is triggered when the current value is greater than the previous value, and a bearish state is triggered when it is lower. This method reduces the inherent lag found in traditional moving averages while maintaining a smooth output. The strategy also includes a customizable backtest window, allowing users to isolate specific historical periods for performance analysis.

Settings

• Strategy Direction: Determines the trade orientation (Long, Short, or Both).
• Backtest Range (Year, Month, Day): Defines the specific start and end dates for historical data processing.
• Source: The price data point used for calculations (default is close).
• Hull Variation: Selects between HMA, EHMA, or THMA calculation methods.
• Length: The lookback period for the selected moving average variation.
• Color Hull according to trend: Toggles the color change of the indicator lines based on bullish or bearish momentum.
• Color candles based on Hull's Trend: Changes the color of the price bars to match the strategy state.
• Show as a Band: Enables a secondary offset line to create a visual ribbon on the chart.
• Line Thickness: Adjusts the visual weight of the plotted lines.
• Band Transparency: Controls the opacity of the fill between the two plotted lines.

FAQ

How do I use the different Hull variations? You can toggle between HMA, EHMA, and THMA in the settings menu; HMA is standard, EHMA offers more smoothing, and THMA is designed for even lower lag.

Can I limit the backtest to a specific year? Yes, use the "Backtest Range" section in the settings to define the exact start and end dates for your strategy evaluation.

How do I access the Hull Suite Strategy? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.