The 4 Time Frame Hull Trend Forex indicator is based on the Hull technical indicator and follows the overall trend.
The indicator pops up underneath the activity chart in the form of 4 colored trend bars (pink and green).
- A buy signal occurs when all 4 Hull Trend bars are colored green.
- A sell signal occurs when all 4 Hull Trend bars are colored pink.
The indicator works very well for all currency pairs.
Indicator Example Chart (EUR/USD H1)
How to trade with it?
Open a buy trade position as soon all 4 Time Frame Hull Trend histogram bars are colored green.
Open a sell trade position as soon all 4 Time Frame Hull Trend histogram bars are colored pink.
Exit the trade when an opposite trading (buy to sell or sell to buy) signal occurs on the chart or close the trade for a risk to reward ratio of at least 1.5.
Feel free to use your own favorite trading method to open and close trades with the 4 Time Frame Hull Trend Forex indicator.
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Input Parameters: Time frame 1, time frame 2, time frame 3, time frame 4, Hull period, alerts level, alerts on, alerts message, alerts sound, alerts email, color settings & style
Indicator type: Hull Trend
Repaint? Does not repaint the 4 Time Frame Hull Trend colored bars histogram.
Open the Metatrader 4 platform
From the top menu, click on “File”
Then click on “Open Data Folder”
Then double click with your mouse button on “MQL4”
Now double click on “Indicators”
Paste the 4-time-frame-hull-trend.mq4 indicator in the Indicators folder.
Finally restart the MT4 platform and attach the indicator to any chart.
How to remove the indicator?
Click with your right mouse button in the chart with the indicator attached onto it.
Select “Indicator List” from the drop down menu.
Select the indicator and press delete.
How to edit the indicator’s inputs and parameters?
Right click with your mouse button in the chart with the indicator attached onto it.
From the drop down menu, click on indicators list.
Select the indicator from the list and press edit.
Now you can edit the indicator.
Finally, press the OK button to save the updated configuration.