About the Forex Freedom Trend Indicator
The Forex Freedom Trend MT4 indicator is a trend-following tool that helps traders identify strong market direction across multiple timeframes.
It works by combining four trend bars from the 15-minute, 30-minute, 1-hour, and 4-hour charts.
Each bar changes color based on bullish or bearish conditions, allowing traders to quickly assess whether momentum aligns across timeframes.
When all bars agree, the market often shows stronger follow-through and cleaner price movement.
This indicator runs in a separate MT4 window, keeping the main chart clean while still delivering actionable information.
Traders use it to filter trades, confirm bias, and avoid entering against higher-timeframe pressure.
It fits scalping, day trading, and swing trading styles depending on how signals are applied.
Free Download
Download the “forex-freedom.mq4” MT4 indicator
Key Features
- Displays four trend bars based on different timeframes.
- Uses simple color changes to show bullish or bearish pressure.
- Runs in a separate MT4 indicator window.
- Supports scalping, intraday, and swing trading approaches.
- Customizable trend periods through MT4 input settings.
- Works as a standalone tool or alongside price action analysis.
Indicator Chart
The chart below shows the Forex Freedom Trend MT4 indicator plotted in a separate window.
The colored bars highlight aligned bullish and bearish trends, making it easier to spot high-probability buy and sell zones based on multi-timeframe confirmation.
Guide to Trade with Forex Freedom Trend Indicator
Buy Rules
- Wait for all four Forex Freedom Trend bars to turn blue.
- Confirm price is not reacting strongly at major resistance.
- Enter a buy trade at the close of the confirming candle.
- Avoid entries during low-volatility consolidation phases.
Sell Rules
- Wait for all four Forex Freedom Trend bars to turn red.
- Confirm price is not reacting strongly at major support.
- Enter a sell trade at the close of the confirming candle.
- Stay out when bars frequently flip colors.
Stop Loss
- Set the stop loss a few pips beyond the nearest support level for buy trades.
- Set the stop loss a few pips beyond the nearest resistance level for sell trades.
- Exit early if price closes firmly against the active trend bars.
Take Profit
- Close the full position when any trend bar changes color.
- Exit early if higher-timeframe bars lose alignment.
- Use support or resistance levels as an alternative target.
- Lock profits once momentum starts to slow.
Forex Freedom Trend + Hull Trend Forex MT4 Strategy
This strategy uses the Forex Freedom Trend MT4 Indicator together with the Hull Trend Forex MT4 Indicator to identify strong trend moves.
Forex Freedom Trend shows trend strength via colored trend bars.
All blue bars signal a strong uptrend, and all red bars signal a strong downtrend.
Hull Trend Forex colors the candlesticks. Blue candlesticks indicate bullish pressure and red candlesticks indicate bearish pressure.
Using both indicators together gives a high-confidence entry setup.
This strategy works on multiple timeframes and is suited for traders who prefer trend-following setups on major currency pairs.
Buy Entry Rules
- Wait until Forex Freedom Trend shows all trend bars colored blue.
- Confirm that the latest candlestick on Hull Trend Forex is blue.
- Enter a buy trade at the open of the next candle after both conditions are met.
- Set stop loss below the recent swing low or support level.
- Set take profit when the price closes a red candlestick on Hull Trend or when trend bars on Forex Freedom Trend switch to red.
Sell Entry Rules
- Wait until Forex Freedom Trend shows all trend bars colored red.
- Confirm that the latest candlestick on Hull Trend Forex is red.
- Enter a sell trade at the open of the next candle after both conditions are met.
- Set stop loss above the recent swing high or resistance level.
- Set take profit when price closes a blue candlestick on Hull Trend or when trend bars on Forex Freedom Trend switch to blue.
Advantages
- Using trend bars and candlestick color together helps filter out false signals and improves reliability.
- Works on multiple timeframes for both intraday and swing trading.
- Charts remain clean and easy to interpret.
- The take profit target is based on trend reversals, allowing for the capture of full trend moves.
Drawbacks
- By the time both conditions align, the move may have already started, reducing potential profit.
- Poor spreads or slippage can affect entries and exits, especially on shorter timeframes.
- Holding trades until trend reversal may increase risk if the trend reverses sharply.
Case Study 1: EURUSD H1 Chart
On EURUSD H1, Forex Freedom Trend bars turned all blue.
The next candlestick on Hull Trend Forex was blue.
A buy trade was opened at 1.09120. Stop loss was set below the swing low at 1.08980.
The trade was closed when the candlestick turned red on Hull Trend. The trade captured 73 pips.
Case Study 2: GBPUSD H4 Chart
On GBPUSD H4, Forex Freedom Trend bars turned red.
The following Hull Trend candlestick was red.
A sell trade was opened at 1.31750. Stop loss was above the swing high at 1.32100.
The trade was closed when a blue candlestick formed on Hull Trend at 1.30420, netting 133 pips.
Strategy Tips
- Prefer major or liquid pairs such as EURUSD, GBPUSD, AUDJPY, and USDJPY to reduce spread and slippage.
- Use higher timeframes such as H1 or H4 to reduce noise and avoid frequent signal flipping.
- Avoid entering trades around major news events as sudden volatility can produce false reversals.
- Combine with support and resistance levels to improve entries and avoid trades near key zones.
- Use a demo account to test how the indicators behave on different pairs and timeframes.
Download Now
Download the “forex-freedom.mq4” Metatrader 4 indicator
FAQ
Which timeframes does the Forex Freedom Trend MT4 indicator use?
The indicator reads trend data from the 15-minute, 30-minute, 1-hour, and 4-hour charts, giving a broader view of market direction in one window.
Can I adjust the trend sensitivity?
All trend period settings can be modified in the MT4 inputs tab, allowing you to make signals faster or smoother depending on your strategy.
Should it be used with other tools?
Forex Freedom Trend works on its own, but many traders combine it with price action, support and resistance, or candlestick confirmation.
Summary
The Forex Freedom Trend MT4 indicator delivers a practical way to read market direction across multiple timeframes without clutter.
Its color-coded trend bars make alignment easy to spot and help traders stay on the right side of momentum.
With flexible settings and simple signals, it fits different trading styles and experience levels.
While it performs strongly during trending conditions, combining it with price action can further improve trade timing and overall consistency.
