HMA Mega Trend Arrows Indicator (MT4)

About the HMA Mega Trend Arrows Indicator

The HMA Mega Trend Arrows indicator for Metatrader 4 is a directional trend-following tool built around the Hull Moving Average.

Its goal is to help traders stay aligned with the dominant market direction while receiving timely entry and exit signals.

HMA stands for Hull Moving Average, a fast-reacting moving average designed to reduce lag while keeping the line smooth.

The indicator plots a colored HMA trend line directly on the price chart and adds green and red arrows whenever market conditions suggest a potential trade opportunity.

The indicator appears in the main MT4 chart window and is easily readable at a glance.

Green arrows indicate bullish momentum, while red arrows highlight bearish pressure.

Due to its straightforward logic and intuitive visual presentation, the HMA Mega Trend Arrows indicator is suitable for both beginners and experienced traders.

Free Download

Download the “Hma mega trend arrows.mq4” indicator for MT4

Key Features

• Hull Moving Average based trend detection
• Green and red arrow signals for trade entries
• Colored trend line displayed on the main chart
• Works on all MT4 time frames and currency pairs
• Simple setup with minimal configuration needed

Indicator Chart

The chart example shows the HMA Mega Trend Arrows indicator applied to an MT4 price chart.

The colored HMA line reflects the current trend direction, while green and red arrows mark potential buy and sell entry points.

Guide to Trade with HMA Mega Trend Arrows

Buy Rules

• Wait for a green arrow to appear on the chart
• Confirm that price is trading above the HMA trend line
• Open a buy trade at the start of the next candle

Sell Rules

• Wait for a red arrow to appear on the chart
• Confirm that price is trading below the HMA trend line
• Open a sell trade at the start of the next candle

Stop Loss

• For buy trades, place the stop loss a few pips below the HMA trend line
• For sell trades, place the stop loss a few pips above the HMA trend line

Take Profit

• Set a fixed risk-to-reward ratio such as 1:2
• Alternatively, exit the trade when an opposite arrow appears

Practical Tips

• Use higher time frames to identify the main trend
• Combine with a momentum filter for added confirmation

HMA Mega Trend Arrows + Zero Lag MACD Strategy for MT4

This MT4 strategy combines the trend-direction power of the HMA Mega Trend Arrows Indicator with momentum confirmation from the Zero Lag MACD Indicator.

The HMA indicator gives clean green arrows for bullish trends and red arrows for bearish trends.

The Zero Lag MACD helps confirm momentum: when its histogram is above zero, it indicates bullish strength; below zero suggests bearish strength.

Together they filter false signals and aim for higher-probability trades.

This setup works well on H1 and H4 timeframes.

It’s suitable for trend traders who want a clear, rule-based system without over-complicating entries.

Use it on major forex pairs and cross pairs where trends tend to sustain.

Buy Entry Rules

• Wait for the HMA Mega Trend Arrows indicator to display a green arrow (bullish trend).
• Confirm that the Zero Lag MACD histogram is above zero (positive). This shows upward momentum.
• Enter a buy trade at the close of the confirmation candle.
• Place your stop loss below the recent swing low (e.g., 20–30 pips depending on pair and volatility).
• Set your take profit at a recent swing high or use a risk-to-reward target of 1:2 or 1:3.

Sell Entry Rules

• Wait for the HMA Mega Trend Arrows indicator to display a red arrow (bearish trend).
• Confirm that the Zero Lag MACD histogram is below zero (negative). This confirms bearish momentum.
• Enter a sell trade at the close of the confirmation candle.
• Place your stop loss above the recent swing high (20–30 pips or more, depending on volatility).
• Set your take profit at a recent swing low or use risk-to-reward of 1:2 or 1:3.

Advantages

• Trend + momentum confirmation reduces many false signals.
• Clear visual entries with arrows plus histogram direction.
• Works across many major and minor pairs.
• Easy to follow and backtest without over-complex rules.

Drawbacks

• Signals may be late in fast reversals.
• During ranging markets, arrows may flip often without a sustained move.
• Requires patience to wait for both trend and momentum to align.

Case Study 1: GBPUSD H4 Setup

On GBPUSD, a green HMA arrow appeared after a minor pullback.

The Zero Lag MACD histogram was already above zero, confirming bullish momentum.

A buy was placed at 1.2600 with a stop at 1.2550 and a take profit at 1.2750.

Price trended upward steadily over several days, reaching the target.

Case Study 2: USDCHF H1 Setup

USDCHF gave a red arrow from HMA after a rally.

The Zero Lag MACD histogram dipped below zero at the same time.

Entry was taken at 0.9270, stop placed at 0.9310, take profit at 0.9180, resulting in a solid move downward over a day.

Real Backtest Results (Deep Research Data)

Strategy Tips

• Wait for both the HMA arrow and Zero Lag MACD confirmation before risking capital.
• Use higher timeframes like H1 or H4 to minimize false signals.
• Avoid entering near major news releases that distort momentum.
• Trail stops as price moves favorably (for example, move stop to breakeven once half target reached).
• Backtest this setup across different pairs to discover which ones produce consistent results for you.

This strategy bridges trend and momentum.

The HMA Mega Trend Arrows signal trend direction, while the Zero Lag MACD ensures you only trade when momentum supports that trend.

Over time, refine pair selection and position sizing to maximize results on MT4.

Download Now

Download the “Hma mega trend arrows.mq4” indicator for Metatrader 4

FAQ

Does the HMA Mega Trend Arrows indicator lag?

The Hull Moving Average is designed to reduce lag compared to traditional moving averages, allowing signals to react faster to price changes.

Which markets does this indicator work best on?

It performs well on trending forex pairs such as EUR/USD, GBP/USD, and AUD/USD, especially during active trading sessions.

Can the indicator be used on lower time frames?

Yes, it can be applied to lower time frames, but many traders prefer M15 or higher for more stable signals.

Is it suitable for manual trading only?

The indicator is primarily designed for manual trading, but its logic can also support semi-automated approaches.

Summary

The HMA Mega Trend Arrows indicator offers a practical way to follow market trends using Hull Moving Average logic.

Its arrow signals and colored trend line make trend direction easy to identify and trade.

When combined with a momentum tool such as RSI, the indicator becomes more selective and consistent.

This makes the HMA Mega Trend Arrows indicator a solid addition to any MT4 trend-following trading setup.