Ultimate_Trend_Signals

Ultimate_Trend_Signals
Watch the testing video here:
Ultimate Trend Signals Indicator
Ultimate Trend Signals is a complex trading tool that consists of signal indicators and information dashboard that was developed on the most advanced formula of profitable trading. It uses indicators like RSI, MACD, ADX and Moving Average for the determination of the current market conditions of a trend and its strength. You can find these information in relation to different time frames (H4, H1, M30, M15, M5) in the special dashboard that is located in the top left corner of your trading chart.
According to many traders, this is one of the best forex indicators providing everything you need to overcome losses due to emotions and psychology and it will lead you to profitable forex trading because of accurate trading signals.
You should know that this is the second version of the indicator and its full name is the Ultimate Trend Signals v 2.0. The first version is outdated because it didn’t work with MT4 600 and higher. An updated V2 version of the Ultime Trend Singal indicator is now compatible with the new builds of the MetaTrader 4 software.
To determine the price reversal points Ultimate Trend Signals 2.0 uses an indicator called Non-Repaint ADX Crossing, which displays the signals for buying and selling in the form of blue and red points.
Let’s take a look on how to trade with the Ultimate Trend Signals Indicator.
Ultimate Trend Signals Indicator Trading Rules
The trading signals generated by Ultimate Trend Signals Indicator are based on multi-timeframe analysis. Detailed instructions are provided in the pdf user manual, but the shortcut trading rules you can find them just below.
Buy signal
Open buy trade when the following conditions are met:
- On the information panel, there is a signal of “SHORT BUY ENTRY”. Depending on the time frame you trade, check the dashboard analysis results for the current time frame and at least one higher time frame (the more timeframes agree the direction the better). The dashboard should provide for these time frames green text: UP or BULLISH or STRONG.
- A blue dot appeared.
- Open long order after candle close.
- You can use daily open live and pivots as profit targets.
Open sell trade when the following conditions are met:
- On the information panel, there is a signal of “SHORT SELL ENTRY”. Depending on the time frame you trade, check the dashboard analysis results for the current time frame and at least one higher time frame (the more timeframes agree the direction the better). The dashboard should provide for these time frames red text: DOWN or BEARISH or STRONG.
- A blue dot appeared.
- Open long order after candle close.
- You can use daily open live and pivots as profit targets.
How to install the Ultimate Trend Signals Indicator on your Metatrader 4 trading plaftform?
- Download the indicator by clicking “LINK” button at the bottom of this post.
- Copy and paste the Ultimate Trend Signals Indicator files into following folder of your Metatrader 4 (MT4) platform: MQL4 > Indicators.
- You can gain access to the folders this way: File > Open Data Folder > MQL4 > Indicators (paste files here).
- Restart your Metatrader 4 Client.
- Select Chart and Timeframe where you want to test the indicator
- Browse “Custom Indicators” in your Navigator that is located on the left in your Metatrader 4 platform.
- Right click on Ultimate-Trend-Signals-v2-600.ex4 and than click “Attach to the chart”.
- You can modify settings if you need and than click ok.
- The indicator is ready and running on the chart.
In the archives you will find following Metatrader 4 files included:
- Ultimate-Trend-Signals-v2-600.ex4
- Ultimate-Trend-Signals-v1-500.ex4
- Ultimate Trend Signals V2.tpl
- Ultimate Trend Signals User Guide.pdf
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