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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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Abdullah Alrai
4.68 (59)
Este indicador detectará padrões harmônicos desenhados no gráfico por métodos manuais e automáticos. Você pode ver o manual do usuário neste link: Adicione sua avaliação e entre em contato conosco para obtê-lo Existe uma versão gratuita para experimentar este produto no mt4. Você pode usá-lo para detectar padrões de Gartley e Nenstar: https://www.mql5.com/en/market/product/30181 Você pode comprar a versão completa do MT4 em: https://www.mql5.com/en/market/product/15212 Notas O indicador possui u
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Guner Koca
5 (1)
Thise indicator is up down v6  comes with tradingwiev version. purchased people, after installed on terminal ,contact me on mql5  to get BONUS  TradingView version. up-down indicator is no repaint and works all pairs and lower than weekly time frames charts. it is suitable also 1 m charts for all pairs. and hold long way to signal. dont gives too many signals. when red histogram cross trigger line that is up signal.and price probably will down when blue histogram cross trigger line that is dow
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O Oscilador de Índice de Precisão (Pi-Osc) de Roger Medcalf da Precision Trading Systems A Versão 2 foi cuidadosamente reconfigurada para carregar rapidamente em seu gráfico, e algumas outras melhorias técnicas foram incorporadas para aprimorar a experiência. O Pi-Osc foi criado para fornecer sinais precisos de temporização de negociações projetados para encontrar pontos de exaustão extremos, os pontos para os quais os mercados são forçados a ir apenas para tirar as ordens de todos. Este
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our custo
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