The Hull ATR Crossover Signal MT4 forex indicator combines the Hull moving average and the Average True Range technical indicators.
This creates a crossover forex system that consists of two signal lines, a green and purple one.
Trading this system is very easy to understand:
A buy signal occurs when the shorter period signal line crosses back above the longer period line from below.
A sell signal occurs when the shorter period signal line crosses back below the longer period line from above.
The Hull ATR Crossover Signal forex indicator needs to be traded in conjunction with a trend following indicator (SMA, EMA, ADMI,..).
Always trade the Hull ATR in the direction of the underlying trend for best trading results.
- Overall trend up: Trade the Hull ATR buy signals and ignore its sell signals
- Overall trend down: Trade the Hull ATR sell signals and ignore its buy signals
Download the “hull-style-atr-indicator.mq4” MT4 indicator
The EUR/CHF Hourly chart below displays the Hull ATR Crossover Signal Metatrader 4 Forex indicator in action.
Basic Trading Signals
Signals from the Hull ATR Crossover Signal MT4 forex indicator are easy to interpret and goes as follows:
Buy Signal: Go long when the green signal line crosses back above the purple signal line from below.
Sell Signal: Go short when the green signal line crosses back below the purple signal line from above.
Trade Exit: Close the open buy/sell forex position when an opposite signal occurs, or use your own method of trade exit.
Download the “hull-style-atr-indicator.mq4” Metatrader 4 indicator
MT4 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: Chart pattern indicator
Customization options: Variable (ATR Period, Signal Line Period) Colors, width & Style.
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Type: Trend oscillator
Copy and paste the hull-style-atr-indicator.mq4 indicator into the MQL4 indicators folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Indicators (paste here)