Ultra Momentum – indicator MetaTrader 5

UltraMomentum
Real author: dm34@mail.ru This indicator is based on Momentum and the analysis of a trend direction of its multiple signal lines. Signal lines calculation algorithm is as follows. We have indicator input parameters as source data: StartLength – minimum initial value of the first signal line; Step – period change step; StepsTotal – number of … Read more

Ultra Spearman Rank Correlation – indicator MetaTrader 5

Ultra Spearman Rank Correlation indicator
This indicator is based on values of the several signal lines of  SpearmanRankCorrelation indicator. The signal lines calculation algorithm looks as follows. The input parameters contain rangeN – averaging period; The set of the signal lines is calculated using the arithmetic progression formula: SignalPeriod(Number) = StartLength + Number * Step The value Number variable vary … Read more

Ultra – ATR scalping tool – indicator MetaTrader 4

Spread alert
Experimental indicator I wrote for myself. It’s made to show some reference (it’s more like a rifle scope, than a rifle). Main components are pip scale, ATR/pivot, MA level, RSI, and spread alert. Can be used on any timeframe, but since it’s made for scalping it is somewhat adjusted for M1-M15. Pips Scale Settings: Scale … Read more

Ultra Trend MTF – indicator MetaTrader 5

Ultra Trend MTF - indicator for MetaTrader 5
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 … Read more

Ultra Trend – Zero Lag DEMA – indicator MetaTrader 5

Ultra Trend - Zero Lag DEMA - indicator for MetaTrader 5
Ultra Trend is an indicator that uses different period averages (usually it is JMA), checks their slopes and calculates the trend from those slopes. This version is using a “fast” (fast in response to market changes) Zero Lag DEMA for trend calculations. It is a standalone indicator though (it does not need any other indicator … Read more

Ultra Trend – Zero Lag TEMA – indicator MetaTrader 5

Ultra Trend - Zero Lag TEMA - indicator for MetaTrader 5
Ultra Trend is an indicator that uses different period averages (usually it is JMA), checks their slopes and calculates the trend from those slopes. This version is using a “fast” (fast in response to market changes) Zero Lag TEMA for trend calculations. It is a standalone indicator though (it does not need any other indicator … Read more