Introduction to the Hull Master Next MTF Indicator
The Hull Master Next MTF indicator is another variation of the Hull Moving Average indicator.
This is multi time frame edition, meaning you can set a specific TF of your choice to calculate signals, but simultaneously having a different TF for the activity chart.
By default, the Hull Master Next MTF indicator plots the next timeframe (TF +1) signals on the chart. This means that if you put the indicator on the H1 chart, the Hull Master Next MTF will be calculated based on the H4 price chart. In the settings, you can also change the parameters to TF +2 and TF +3.
You will also see pink and aqua lines plotted on the chart. These lines reflect the start of a bullish trend (aqua line), and start of the bearish trend (pink line). You can use them as support and resistance levels.
It fits all kinds of timeframes and currency pairs.
The indicator is displayed directly on the main trading chart.
The default settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your personal preferences.
How to set up the Hull Master Next MTF indicator in MT4?
Copy and paste the hull-master-next-mtf-indicator.ex4 or hull-master-next-mtf-indicator.mq4 indicator files into the MQL4 folder of the Metatrader 4 trading platform.
You can gain access to this folder by clicking the top menu options, which goes as follows:
File > Open Data Folder > MQL4 > Indicators (paste here).
Now go to the left side of your MT4 terminal. In the Navigator find the gauge name, right-click it and select Attach to the chart.
The Hull Master Next MTF indicator is well worth adding to your trading collection but remember about having realistic expectations. Just like any other technical analysis tool, is not capable of providing accurate signals 100% of the time. Thus, this forex indicator provides false signals occasionally. Its performance will vary significantly depending on market conditions. Feel free to develop your own trading system based around it.
Hull Master Next MTF Indicator Free Download
To download the Hull Master Next MTF Indicator for Metatrader 4 (MT4) for free just click the button below: