This study carries out the performance improvement and simplification of hydraulic modulator that plays an important role in vehicle stability control systems. The mathematical models for each component of a modulator, such as pump, wheel cylinder, check and solenoid valve, accumulator, damper are derived in detail. All the mathematical models are combined to form a modulator system and implemented through a computer program, which can be controlled by a user friendly GUI. To verity the simulation, comparison between simulation and experiments has been made. After the verification of the validity of the simulation, the effects of the design parameters of the modulator on the wheel cylinder pressure is investigated. The results show that the modulator without MPA has advantage in early time pressure rise rate, and it can be simplified.