Ever felt like you’re chasing signals all day but still missing the big moves? The Trend Mega Profit Hilo Arrow Indicator MT4 might just be the no-nonsense tool you’ve been waiting for. Built by YoForex’s expert team, this free MT4 indicator spots high-probability Hilo arrow setups on your chart, so you don’t have to stare at screens 24/5. No crazy maths or black-box AI—just a clean Hilo channel overlay plus arrow alerts that light up only when trend and momentum line up. Best part? It’s 100% free on MQL5.software, backed by real-world testing… and ongoing updates from a community of traders who actually use it. Ready to level up your scalping game and cut through the noise? Let’s dive in.
Overview
The Trend Mega Profit Hilo Arrow Indicator MT4 combines the classic Hilo channel—a tool pro traders love for its simplicity—with an arrow-based signal system that highlights optimal entry and exit points. It runs directly on your MT4 platform, overlaying two moving averages (the “Hi” and the “Lo” lines) to form a dynamic channel. When price closes beyond one of those lines with confirmation from a built-in momentum filter, an arrow appears on the chart.
This indicator was designed for busy traders who need clear, unambiguous signals without clutter. Whether you’re watching GOLD on M5 or EURUSD on H1, Trend Mega Profit Hilo Arrow Indicator MT4 keeps you in the loop… without you babysitting every tick. YoForex’s backtest suite and live-demo trials confirm it’s reliable across multiple pairs and timeframes, so you can trust its arrows rather than guessing. New to MT4 indicators? Check out the Beginner’s Guide to Indicators to get started. For more free tools, browse our MT4 Indicators section.
Key Features
• +Clear Hilo channel overlay for trend direction
• +Arrow signals on confirmed momentum breaks
• +Configurable sensitivity and lookback period
• +Multi-pair & multi-timeframe compatibility
• +Alerts: pop-up, email, push notifications
• +Non-repainting signals—what you see is what you get
• +Low CPU load for multiple chart setups
• +Easy tweak of channel length and deviation
• +Stealth mode hides arrows until bar close
• +Compatible with EAs for automated trading
Backtest Results & Proof
We rigorously tested Trend Mega Profit Hilo Arrow Indicator MT4 on five major pairs (XAUUSD, EURUSD, GBPJPY, USDJPY, AUDUSD) over two years of tick data (2022–2024). Sampling over 8,000 setups, the indicator delivered:
- Win rate: ~68% on H1 charts
- Average risk-reward: 1.7:1
- Max drawdown per signal series: 3.5%
The equity-curve analysis shows steady profits without huge spikes or dramatic retracements… which is exactly what you want when scalping reversals and breakouts. Live-demo trials mirrored these stats, with alerts firing in real-time and capturing big moves while filtering out chop. Don’t just take our word for it—download the full backtest report on MQL5.software after installation and see the data tables yourself.

How to Install & Configure
Download from MQL5.software:
Trend Mega Profit Hilo Arrow Indicator MT4
In MT4, go to File → Open Data Folder → MQL4 → Indicators.
Copy TrendMegaProfitHiloArrow.ex4 into the Indicators folder.
Restart MT4, then drag the indicator onto your chosen chart.
In Inputs, adjust:
HiloPeriod (default 20)
MomentumFilter (default true/false)
ArrowShift for arrow placement
Under Alerts, enable pop-up, email, or push as needed.
Hit OK. You’ll see Hilo lines and arrows appear only after bar close.
Tip: Use demo mode first with default settings. Then, tweak
HiloDeviationup or down to suit volatile pairs or quieter ones.
Why Choose YoForex-Powered Tools?
YoForex doesn’t just drop code and vanish… we stick around. Every free indicator or EA we publish is backed by:
- Transparent updates: Changelogs posted on the download page.
- Community feedback: We tweak settings based on real users’ requests.
- Ongoing support: Our dev team monitors the Telegram group for bugs & ideas.
Unlike paid-only products, you get every new feature without unlocking tiers. And because our code’s open for review, you know there’s no hidden martingale or grid logic hijacking your account. If trust and continuous improvement matter to you, YoForex’s free MT4 indicator lineup—starting with Trend Mega Profit Hilo Arrow—has you covered.
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