The 4 time frame Hull Moving Average (HMA) Trend MT4 indicator is trend-following in nature and works for any time frame.
The indicator consists of 4 colored Hull bars that appear in a sub MT4 window.
When all 4 colored Hull bars are all aligned up or down, there’s a valid up or down Hull trend.
- A buy trend occurs when all 4 time frame Hull Moving Average Trend bars are aligned up (green colored bars)
- A sell trend occurs when all 4 time frame Hull Moving Average Trend bars are aligned down (violet colored bars)
Don’t worry, the indicator will notify you of any new valid buy or sell trend. Activate this alert in the indicator’s inputs tab.
Feel free to experiment with the Hull period.
The Hull Moving Average Trend indicator can be used for scalping, day trading and swing trading.
Download This MT4 Forex Indicator Free
Download the “4-time-frame-hull-trend.ex4” Metatrader 4 indicator
4 Time Frame Hull Moving Average Trend Indicator Chart
Here’s an example of how the indicator should look like when loaded onto the Metatrader 4 chart.
You can apply the indicator to any currency pair and time frame of your preference.
Finding Buy and Sell Triggers With 4 Time Frame Hull Moving Average Trend Technical Analysis Chart Indicator
Below is an example of how to buy and sell currency pairs with this Forex indicator:
Buy Trigger: Buy the Forex pair when the 4 time frames Hull Moving Average trend indicator are all aligned up (green color).
Place a stop loss 1-3 pips below previous swing low support, or use your own stop loss strategy.
Aim for reward/risk 1.5:1 ratio or better, or deploy your own take profit strategy.
Sell Trigger: Sell the Forex pair when the 4 time frames Hull Moving Average trend indicator are all aligned down (violet color).
Place a stop loss 1-3 pips above previous swing high resistance, or use your own stop loss strategy.
Aim for reward/risk 1.5:1 ratio or better, or deploy your own take profit strategy.
Download This Forex Indicator Now
Download the “4-time-frame-hull-trend.ex4” MT4 indicator
Adjustable Parameters
Current time frame, next time frame 1, next time frame 2, next time frame 3, next time frame 4, Hull period, Hull price, colors, width, style.
Usage
The indicator can be used as a stand-alone signals indicator.
It can also be combined with:
- Trading oscillators (MACD, Stochastic, RSI,…)
- Price action methods and techniques
More Info About This Indicator
Tradable Currency pairs: Any
Trading Platform: MT4
Time frames: M1, M5, M15, M30, H1, H4, D1, W1
Indicator Type: Hull trend
Installation
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.
