About the Four Time Frames Asctrend Indicator
The Four Time Frames Asctrend Indicator for MT4 is a powerful trend-following tool that uses four different timeframes to confirm market direction.
It displays red and blue bars in a separate chart window, helping traders identify strong uptrends and downtrends with precision.
A buy signal appears when all four bars turn blue, indicating a strong bullish trend.
A sell signal appears when all four bars turn red, indicating a strong bearish trend.
This multi-timeframe approach reduces false signals and improves confidence in trend trading.
Free Download
Download the “four-time-frames-asctrend.mq4” indicator for MT4
Key Features
- Custom MT4 indicator using four timeframes
- Blue bars indicate a strong uptrend
- Red bars indicate a strong downtrend
- Displays in a separate chart window for clarity
- Helps confirm trades across multiple timeframes
- Suitable for scalping, day trading, and swing trading
Indicator Chart
The chart below shows the Four Time Frames Asctrend Indicator applied to MT4.
All four bars turning blue signals a buy, while all four bars turning red signals a sell.
This setup makes trend strength immediately visible and easy to act on.
Guide to Trade with Four Time Frames Asctrend
Buy Rules
- Wait for all four bars to turn blue
- Confirm recent price action supports the bullish trend
- Open a buy trade at the next candle open
Sell Rules
- Wait for all four bars to turn red
- Confirm recent price action supports the bearish trend
- Open a sell trade at the next candle open
Stop Loss
- For buy trades, place the stop 2-5 pips below the most recent swing low
- For sell trades, place the stop 2-5 pips above the most recent swing high
- Use wider stops in volatile market conditions
Take Profit
- Target the nearest support for buys or resistance for sells
- Consider trailing the stop as the trend continues
- Partial exits can be taken as trend bars change color
- Exit fully if opposite color bars appear on all four timeframes
Practical Tips
- Only trade when all four bars match in color.
- Use higher timeframe trend direction to confirm entries.
- Combine with support/resistance for stronger signals.
- Use a demo account first to learn multi-timeframe behavior.
- Set stop losses near recent swing highs or lows.
- Consider taking partial profits if the trend slows.
- Be patient—wait for clear alignment before entering trades.
Four-Time-Frames AscTrend + Urban Towers MT4 Scalping Strategy
This scalping strategy combines the Four Time Frames AscTrend Indicator with the Urban Towers Indicator to achieve fast but filtered entries.
The idea is to only trade in the direction where all four timeframes agree (strong bias), and then time your entry using the clean arrow from Urban Towers.
Because both indicators bring clarity, this works well on lower timeframes (M1, M5, M15).
It is ideal for scalpers who want signals with trend confirmation, not random arrows.
Buy Entry Rules
- Check the Four Time Frames AscTrend: all four configured timeframes must display a blue trend coloring (bullish). This ensures multi-timeframe alignment.
- Wait for the Urban Towers indicator to show a blue up arrow (bullish arrow) on your trading timeframe.
- Confirm price is above the Urban Towers moving average bands (i.e., trending above its MAs) to avoid fading into resistance.
- Enter the buy trade at the close of the arrow candle (or next candle open).
- Place a stop loss a few pips below the nearby swing low or below the band of Urban Towers (or below the lowest MA in the cluster).
- Set take profit at 1× to 1.5× the stop distance or at a nearby resistance level.
- Alternatively, trail with the Urban Towers bands or exit when a red arrow appears.
Sell Entry Rules
- Verify the Four Time Frames AscTrend: all four timeframes must display red coloring (bearish bias).
- Wait for Urban Towers to present a red down arrow (bearish arrow) on your active timeframe.
- Ensure the price is below the Urban Towers MA cluster (i.e., trending downward within its structure).
- Enter a sell trade at the close of the arrow candle (or next bar open).
- Place a stop loss a few pips above the recent swing high or above the highest MA band.
- Target a take profit of 1× to 1.5× the stop distance, or exit when a blue arrow appears or the trend reverses.
Advantages
- Strong filtering: only trade when four timeframes align, reducing counter-trend risks.
- Urban Towers arrow gives precise timing after trend confirmation.
- Scalable to different scalping timeframes (M1, M5, M15) because the trend filter handles a broader context.
- Relatively easy to scan: you watch the trend bias and then wait for a clean arrow.
Drawbacks
- Sometimes you will wait long times for all four timeframes to line up, meaning missed moves.
- Arrows may lag slightly, especially in fast whipsaws or during news volatility.
- Stop distance might be tight on very low timeframes and risk being stopped out prematurely.
Example Case Study 1
On EUR/USD M5, the four timeframes (M1, M5, M15, M30) of AscTrend all turned blue.
You waited until a blue arrow from Urban Towers appeared on M5 at 1.1052.
Price was already above the MA cluster.
You entered at that candle close, put a stop loss of 8 pips below, and take profit 12 pips.
The trade hit the target within 30 minutes before the next red arrow showed up.
Example Case Study 2
On GBP/USD M1, AscTrend on M1, M5, M15, and M30 all showed red.
At 1.2850, an Urban Towers red arrow appeared.
Price was trading under the MA cluster.
You entered short at the close, placed a stop loss 6 pips above, and target 9 pips (1.5×).
The move came fast, and the target was reached before a trend reversal signal appeared.
Strategy Tips
- Use major currency pairs (EUR/USD, GBP/USD, USD/JPY) for more liquidity and smoother moves.
- Avoid trading around major news times to avoid erratic whipsaws.
- Start on M5 primarily and test M1 or M15 once you get comfortable.
- Always check that the higher timeframes (e.g., H1 or H4) are not strongly opposing the four-frame bias; you don’t want to fight a bigger trend.
- Consider scaling out part of the position at mid target, and trailing the rest.
Download Now
Download the “four-time-frames-asctrend.mq4” indicator for Metatrader 4
FAQ
Why are four timeframes used?
Using four timeframes helps confirm the strength of a trend and reduces false signals from short-term fluctuations.
How do I interpret partial bar changes?
If only some of the four bars change color, it may indicate a weakening trend or consolidation, so avoid entering until all align.
Can this indicator be combined with other tools?
Yes, combining it with support/resistance levels, moving averages, or momentum indicators can improve entry timing.
Which session works best?
It performs best during high-liquidity sessions like London and New York, when trends are more consistent.
Is it suitable for both intraday and swing trading?
Yes, lower timeframes (M15–H1) work for intraday trades, while H1–H4 is suitable for short-term swing trades.
Summary
The Four Time Frames Asctrend Indicator for MT4 provides a clear multi-timeframe trend analysis using four colored bars.
All blue bars signal a strong bullish trend, and all red bars signal a strong bearish trend.
By merging the multi-timeframe trend consensus from the Four Time Frames AscTrend Indicator with precise arrow timing from the Urban Towers Indicator, you get a disciplined scalping approach on MT4.
You trade only in the strongest direction and let the arrow give the entry signal.
Be strict, backtest thoroughly, and manage risk carefully.
