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Ultimate Alpha Trend MT4

[MT5 Version]

Ultimate Alpha Trend MT4

Ultimate Alpha Trend is the first trend indicator, which combines volatility, volume, average price and momentum. The results is a highly versatile representation of trendy and sideways market conditions, highlighting, at the same time, significant supply and demand levels. The Ultimate Alpha Trend indicator can be used to find entry oportunities and to set SLs taking into consideration current market volatility, volume and momentum. Besides that, the indicator allows the user to highlight past entry points to analyze and optimize any trading strategy. Ultimate Alpha Trend serves really well as filter for sideway market conditions. Areas without any separation between both trends indicate sideways market conditions.

Ultimate Alpha Trend strategy?

Entry points: Crossovers from the green line over the red one indicates a buy signal. This signal can be taken as soon as the as the crossover happens in strong trendy market conditions or in a retest of the same in weaker trends. Crossovers from the red line over the green one indicates a sell signal.

Stop loss: The red line indicates the most conservative SL position. However, a traling stop loss following the green line as great level in strong trendy market conditions.

Take profit: The take profit level can be predifined based on market structure and previous Ultimate Alpha Trend sideways values. Another posibility for strong trendy markets is to disable the TP level and keep a trailing stop loss based on the values of the red line.

Key characteristics

Time saving and a clear and simplified representation of the current market conditions.

Ease to use and adapt to many trading strategies.

Functional with all pairs (Cryptos, Forex, Stocks, Indices, Commodities...).

Sofisticated alerts and notification system.

Input parameters

Settings

  • Price Source: price source for the main algorithm.
  • MA type: moving average type used in the main algorithm.
  • MA Period [>1]
  • Tolerance [0.1 - 2.0]: a lower value gives more entry and with less lag. A higher value gives more conservative levels.
  • Momentum over volume: prioritize momentum over volume for the main calculations.
Visualization
  • Debug signals: show or hidde past entry signals.

Notifications

  • Activate Alerts: enables alert system
  • Activate Notifications: enables notification system

Author

Diego Arribas, private investor and speculator, automation engineer in the aerospace industry

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5 (4)
Indicadores
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4.56 (9)
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Gann Price Level
Kirill Borovskii
Indicadores
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TPA True Price Action MT4 Indicator
InvestSoft
4.35 (81)
Indicadores
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Aditya Jayswal
5 (5)
Indicadores
Please send me Direct message on MQL5 CHAT after purchasing the Indicator for Training and Installation Support There are some additional files that is important to use with the Indicator . So be sure to contact me after purchasing the Indicator So that I can add you for training and support . If you find any difficulty with installation then send me Direct message here So that I can connect with you via Anydesk or Teamview for the product installation. " Smart Order Block Indicator " to find
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Qiuyang Zheng
Indicadores
Este é um excelente sistema de indicadores técnicos, que analisa as tendências periódicas de negociação ascendente ou descendente de pequenos, médios e grandes aspectos. Período1 nos parâmetros é um período de tempo pequeno, Período2 é um período de tempo médio e Período3 é um período de tempo grande; small_symbol é o identificador do sinal nº 1, middle_symbol é o identificador do sinal nº 2 e big_symbol é o identificador do sinal No. 3 ;alerta é a chave do botão de aviso, Mail é a chave de e
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Tat Dat Nguyen
Indicadores
The breakout algorithm is a technique based on price, price features, to shape a breakout strategy. The strategy in this indicator will not be redrawn (none-repaint indicator), it is suitable for short or long term traders In the screenshot is the EURUSD pair, these currency pairs, commodities or stocks, it have similar strength *Non-Repainting (not redrawn) *For Metatrader4 Only *Great For Scalping *Great For Swing Trading *Arrow Entry, Green is Long, Red is Short *Works On Any Timeframe *Work
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