MTF HMA (es. H4) on current chart

MTF HMA (Multi-Timeframe Hull Moving Average)
The MTF HMA indicator plots a Hull Moving Average (HMA) from a higher timeframe directly on your current chart.
This allows you to use the trend direction of a higher timeframe as a filter for your entries on a lower timeframe.
🔹 How it works
The indicator calculates the HMA (default: period 89) on a user-selected higher timeframe (default: H4).
The HMA is then displayed on your current chart (e.g. H1).
The line color can change depending on the slope:
Teal = uptrend (HMA rising)
Red = downtrend (HMA falling)
(Optional: keep a neutral color if slope-based coloring is disabled).
The script can also mark crossovers between price and the MTF HMA with arrows:
Triangle up (HMA↑) when price crosses above → potential bullish entry filter.
Triangle down (HMA↓) when price crosses below → potential bearish entry filter.
Alerts are included so you can be notified when price crosses above/below the MTF HMA.
🔹 How to use it
Trend filter:
Take long trades only when price is above the higher-timeframe HMA and slope is positive.
Take short trades only when price is below the higher-timeframe HMA and slope is negative.
Entry timing:
Use your lower-timeframe system (e.g. VWAP pullbacks, RSI(3) signals) only if they align with the higher-timeframe trend.
This helps avoid false signals against the dominant market direction.
Customization:
Change the higher timeframe (e.g. H4, Daily, Weekly).
Adjust the HMA length for smoother or faster response (e.g. 55 = faster, 100+ = slower).
Enable/disable crossover markers and alerts.