Indicators: Ultra Trend MTF

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Ultra Trend MTF:

Ultra Trend indicator made as multi timeframe.

Timeframes supported are all the possible timeframes supported by MetaTrader 5 and it has 3 "special" timeframes:

  • Next higher timeframe: first higher timeframe compared to active chart.
  • Second higher timeframe: second higher timeframe compared to active chart.
  • Third higher timeframe: third higher timeframe compared to active chart.

If some of these 3 timeframes are used, then the timeframe is set automatically as you change the timeframe of the chart.

Indicator is a standalone indicator - it does not need the "regular version in order to work

Author: Mladen Rakic

 

Hello Mladen,

Would like to thank you for this indicator and all the tools you provide us with.

Does this indicator repaint?

Thank you

 
this is perfect indicator still i am testing on it . but which time frame should we use ? M5 / M15 / H1 i am testing like that .. which time frame is stronger? Is it better than 1 hour and above or 1 hour and less
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