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).
Key Points:
- 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.
Free Download
Download the “4-time-frame-hull-trend.mq4” indicator for MT4
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.
Indicator Specifications
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.
Download Now
Download the “4-time-frame-hull-trend.mq4” indicator for Metatrader 4
4 Time Frame Hull Trend + WPR Overbought/Oversold Arrows Strategy for MT4
This trading strategy merges the trend-following strength of the 4 Time Frame Hull Trend Indicator with the precise reversal signals of the WPR Overbought/Oversold Arrow Signals Indicator.
The combination aims to provide trend-aligned entries after short-term pullbacks, making it ideal for intraday traders and swing traders looking for accurate timing within the broader market direction.
What is this Strategy About?
The 4 Time Frame Hull Trend Indicator shows the trend status of the Hull Moving Average across four timeframes simultaneously.
This helps identify whether the market is consistently bullish or bearish across multiple views, reducing the chance of entering against the dominant trend.
The WPR (Williams Percent Range) Arrow Indicator provides buy and sell arrows when price enters overbought or oversold territory and begins to reverse — a powerful timing tool for short-term entries.
Using the Hull Trend for direction and the WPR Arrows for entry signals creates a strategy that avoids trading against momentum and focuses on high-probability pullback entries.
Buy Setup Rules
- Check the 4 TF Hull Trend Indicator and confirm that at least 3 out of 4 timeframes are showing a bullish (green) trend.
- Wait for the WPR Arrow Indicator to display a blue (buy) arrow after a short pullback.
- Enter a buy trade at the close of the candle where the arrow appears and trend alignment is confirmed.
- Stop Loss: Place below the most recent swing low or support zone.
- Take Profit: Use a 1:2 or 1:3 risk-to-reward ratio or trail your stop as the trend continues.
Sell Setup Rules
- Check that the 4 TF Hull Trend Indicator shows at least 3 red timeframes (bearish trend).
- Wait for a red (sell) arrow from the WPR Arrow Indicator, signaling the price is exiting overbought territory.
- Enter a sell position at the close of the arrow signal candle.
- Stop Loss: Place above the recent swing high or resistance level.
- Take Profit: Use a fixed 1:2 RR or the next support level as your target.
Advantages of the Strategy
- High confirmation from multi-timeframe trend analysis filters out low-quality trades.
- WPR arrows provide fast, clear signals for entries at optimal moments.
- Simple rules and visual indicators make this strategy beginner-friendly.
- Effective on M15, M30, and H1 charts for intraday or short swing trading.
Drawbacks
- Requires patience as signals appear less frequently due to strict filtering.
- May lag in fast-moving markets where reversals happen quickly.
- WPR signals alone can produce false signals without trend filtering; hence, dual confirmation is key.
Conclusion
The 4 Time Frame Hull Trend + WPR Arrow Strategy is an effective and rule-based trading system that combines multi-timeframe trend confirmation with reliable entry signals.
It is especially useful for traders who want to trade with the trend but still time their entries precisely.
It reduces noise, improves discipline, and enhances trading consistency, making it suitable for a wide range of market conditions.
Installation:
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.
