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
How to install the Wildan Trend System indicator in Metatrader 4?
- Copy and paste the WildanTrendSystem.ex4 indicator into the MQL4 indicators folder.
- You can access this folder from the top menu as follows:
- File > Open Data Folder > MQL4 > Indicators (paste here)
