The 4 Time Frame Hull Trend is a type of trading strategy that is a forex trading strategy. This forex four-time frame strategy can be used for day trading as well as for intraday trading. This indicator provides a way for multiple time frame trading.
4 Time Frame Hull Trend indicator
This 4 Time Frame Hull Trend indicator identify trends in multiple time frame. We can say that this indicator is a type of trend following strategy. This indicator is a good way of working for multiple time frames.
Working of 4 Time Frame Hull Trend indicator
The 4 Time Frame Hull Trend consists of four types of bars. These bars are colored bars and these bars are the hull bars of the 4 Time Frame Hull Trend. The movements of these hull bars tell about the trend. These bars move in different directions such as up or down. The following trends can be identified through this indicator.
The buying trend can be identified when the Hull bars go towards the up direction then the bars become in the green color.
The sell trend can be identified when the Hull bars go towards the down direction then the bars become in the violet color.