The Wildan Trend System Forex indicator for MT4 provides solid buy & sell signals in the form of colored trend bars.
The indicator appears in a bottom chart as blue/red colored histogram bars, and it can be used as a standalone trading tool.
The Wildan Trend System indicator is very reliable, lightweight, and will not slow down your trading platform.
Key Points
- Trend histogram indicator
- Newbie friendly
- Works on any time frame
- Non-repaint
- Well worth adding to your indicator collection
This indicator can work together with any existing trading strategy or system as a trend confirmation tool.
Free Download
Download the “WildanTrendSystem.ex4” MT4 indicator
Trading Chart
The GBP/USD 30-minute chart below shows the Wildan Trend System Forex indicator in action.
Basic Trading Signals From the Wildan Trend System
Signals from the Wildan Trend System Forex indicator for Metatrader 4 are easy to interpret and go as follows:
BUY:
- Open a buy order when the first blue histogram bar appears on the chart.
- Place a stop loss below the previous swing low.
- Exit the buy trade for a predetermined profit target or wait for a sell signal.
SELL:
- Open a sell order when the first red histogram bar appears on the chart.
- Place a stop loss above the previous swing high.
- Exit the sell trade for a predetermined profit target or wait for a buy signal.
Download Now
Download the “WildanTrendSystem.ex4” MT4 indicator
Wildan Trend System + ZUP Harmonic Pattern Strategy
This advanced strategy uses the powerful trend-following capabilities of the Wildan Trend System in combination with the harmonic pattern recognition features of the ZUP Forex Indicator.
Why Combine Wildan Trend System with the ZUP indicator?
- Wildan Trend System gives trend direction using dynamic signal lines and arrows based on volatility and momentum.
- ZUP Forex Indicator identifies harmonic patterns such as Gartley, Butterfly, Bat, and Crab, making it ideal for spotting precise reversal points.
Strategy Conditions
- Timeframes: H1, H4, Daily
- Pairs: EUR/USD, GBP/JPY, USD/CAD, XAU/USD
Buy Setup
- Wait for the ZUP Indicator to draw a completed bullish harmonic pattern (e.g., Gartley or Bat).
- Confirm that the Wildan Trend System shows a green upward arrow and confirms trend direction.
- Enter a buy trade at the close of the confirmation candle.
- Place a stop loss slightly below the harmonic pattern’s completion point (Point D).
- Take profit can be placed at Fibonacci extensions of the pattern or when the Wildan arrow reverses.
Sell Setup
- Wait for the ZUP Indicator to draw a completed bearish harmonic pattern (e.g., Butterfly or Crab).
- Confirm a red downward arrow from the Wildan Trend System.
- Enter a sell trade after both signals align.
- Set stop loss above the harmonic structure’s D point.
- Set take profit using standard Fibonacci targets or exit on opposite Wildan signal.
Strategy Tips
- Use this strategy in trending or volatile conditions with visible harmonic structures.
- Always wait for both confirmation signals before entering a trade.
- Enhance accuracy by combining with support/resistance levels or Fibonacci retracements.
Adjustable Parameters & Settings
Length, KV, number of bars, colors, style
Feel free to explore the indicator’s different parameters and settings to create your personalized indicator setup.
Technical Information
Currency Pairs: works on any currency pair
Trading Platform: developed for Metatrader 4 (MT4)
Time Frames: any
Indicator Type: trend system
Final Thoughts
The Wildan Trend System Forex Indicator for MetaTrader 4 offers a straightforward and effective approach to trend analysis.
By displaying colored histogram bars—blue for bullish and red for bearish—it provides clear buy and sell signals, making it accessible for traders of all experience levels.
Its non-repainting nature ensures reliability, and its lightweight design ensures that it won’t slow down your trading platform.
While it can function as a standalone tool, combining it with other indicators, such as the ZUP Harmonic Pattern Indicator, can enhance its effectiveness by confirming trend direction and identifying precise reversal points.
Overall, the Wildan Trend System is a valuable addition to any trader’s toolkit, aiding in making informed and timely trading decisions.
