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HMA Color with Alerts MT5 (MT5) — review, price and free alternatives
MT5 indicatorfree on MQL5by Pavel Zamoshnikov
HMA Color with Alerts MT5 is a free MetaTrader 5 indicator by Pavel Zamoshnikov on the MQL5 Market — download it there; we host no third-party files. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you use it.
HMA Color with Alerts MT5 — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Indicator
- Developer
- Pavel Zamoshnikov
- Price
- Free
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded HMA Color with Alerts MT5 on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Hull Moving Average (HMA) is well-deservedly popular among traders because of the effective averaging of market noise and a relatively small delay.
Before you use HMA Color with Alerts MT5
What the developer claims
- Sound and text signals are available.
- It is possible to trigger a signal on the current incomplete bar, although such a signal may be canceled before completion if conditions are no longer appropriate.
Quoted from the listing. We have not tested these claims.
What to check first
- Where you download it. Only from its MQL5 page — copies passed around elsewhere can be altered.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on HMA Color with Alerts MT5
Compiled from its public MQL5 listing. FxRobotEasy has not traded HMA Color with Alerts MT5; what these notes say about how it works comes from that listing.
Overview
HMA Color with Alerts MT5 by Pavel Zamoshnikov represents a comprehensive automated trading solution for MT5 traders. What sets HMA Color with Alerts MT5 apart is its balanced approach to trade execution and capital preservation.
Risk notes
HMA Color with Alerts MT5 implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT5 platform compatibility
- Developed by experienced Pavel Zamoshnikov
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing HMA Color with Alerts MT5 on MT5 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
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HMA Color with Alerts MT5 or Scalperology AI?
| HMA Color with Alerts MT5 | Scalperology AI | |
|---|---|---|
| How you get it | Free on MQL5 | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Pavel Zamoshnikov | FxRobotEasy |
HMA Color with Alerts MT5 — questions
What is HMA Color with Alerts MT5?
HMA Color with Alerts MT5 is a MetaTrader 5 indicator published on the MQL5 Market by Pavel Zamoshnikov, and it is listed at no charge. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
Does HMA Color with Alerts MT5 work on MT4 or MT5?
HMA Color with Alerts MT5 runs on MetaTrader 5, not MetaTrader 4. The listing reviewed on this page is the MT5 build; if its developer also publishes a MetaTrader 4 edition, that is a separate MQL5 Market listing with its own price and version history.
Is HMA Color with Alerts MT5 free to download?
Yes -- HMA Color with Alerts MT5 is listed on the MQL5 Market at no charge, as recorded when its listing was last checked on 2025-11-27. The file is downloaded from the developer's (Pavel Zamoshnikov) product page on mql5.com and installed into MetaTrader 5.
Is there a verified track record for HMA Color with Alerts MT5?
FxRobotEasy has not traded HMA Color with Alerts MT5 on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for HMA Color with Alerts MT5 elsewhere comes from its developer or from a third party.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.