The Ultra Trend Indicator is a popular and free Forex indicator for MetaTrader 4 (MT4). It is designed to help traders identify and take advantage of trends in the Forex market. The indicator is easy to use and provides traders with a visual representation of the trend. It is useful for traders who want to identify possible entry and exit points, as well as identify potential trading opportunities. The Ultra Trend Indicator is based on a combination of exponential moving averages (EMA) and a moving average convergence/divergence (MACD) indicator. The EMA is used to identify the trend direction, while the MACD is used to confirm the trend. The indicator displays the current trend direction, as well as the strength of the trend. In addition, the indicator also displays the entry and exit points for the current trend. The Ultra Trend Indicator is an effective tool for traders who want to take advantage of trends in the Forex market. It is easy to use and provides traders with a visual representation of the trend.
MT4
![](https://www.mt4collection.com/wp-content/uploads/2023/06/Ultra-Trend-Indicator-screenshot-1-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2023/06/Ultra-Trend-Indicator-screenshot-2-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2023/06/Ultra-Trend-Indicator-screenshot-4-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2023/06/Ultra-Trend-Indicator-screenshot-3-230x144.png)
Ultra Trend
The Ultra Trend Indicator is a useful and popular tool for Forex traders. It works by plotting two lines on the chart, one for the trend and one for the momentum. When the trend line crosses above the momentum line, it is a signal that the trend is reversing and a potential trading opportunity is present. It is easy to use and can be applied to any time frame, making it a popular choice among Forex traders.
Trading Style | , |
---|---|
Indicator Type | |
Timeframe | |
Platform |
0
People watching this product now!
Category: Stochastic
Downloads - 21
Description
Reviews (0)
Be the first to review “Ultra Trend” Cancel reply
How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
Related products
3 Color MACD
The 3 Color MACD Indicator is a useful forex trading tool that is available for free on MT4. This popular indicator uses Moving Average Convergence Divergence (MACD) to help traders identify market trends and potential entry/exit points. The indicator is easy to use and can be applied to any currency pair or timeframe. It is ideal for both novice and experienced traders who want to enhance their trading strategy with a reliable technical indicator.
Schaff Trend Cycle
The Schaff Trend Cycle indicator is a popular forex indicator for MT4, which determines market trends with high accuracy. Its values range from 0 to 100, with values above 75 indicating overbought and values below 25 indicating oversold. Whether you are a beginner or an experienced trader, the Schaff Trend Cycle indicator will help you make better trading decisions and improve profitability.
FX5 MACD Divergence
The MACD FX5 Divergence Indicator is a new and popular forex indicator that runs on the MT4 platform. This is a free indicator that traders can use to identify potential trend reversals and momentum shifts. The indicator is based on the Moving Average Convergence-Divergence (MACD) indicator, which measures the distance between two moving averages. It analyzes the divergence between the MACD indicator and price action and then generates buy or sell signals. Use this indicator to better understand market trends and take advantage of potential profit opportunities.
TRIX Indicator
The TRIX indicator is a new and popular technical analysis tool designed for the forex market wich available for free on the MT4 platform. TRIX uses triple exponential smoothing to identify trends and provide buy/sell signals based on crossovers and divergences. The indicator also helps traders identify overbought and oversold conditions, which can be used to make informed trading decisions. With its accuracy and simplicity, the TRIX indicator is quickly gaining popularity among forex traders.
Volatility Quality Zero
The Volatility Quality Zero Line Indicator is a new, popular and free forex indicator available on MT4 that determines the volatility quality of a financial instrument by measuring the relationship between the average true range and the true range. It draws a zero line, which serves as a guide to determine the direction of the trend, and traders can enter or exit positions based on its crossing. The Volatility Quality Zero Line indicator is a useful powerful tool that will definitely take your trading experience to the next level.
AO Divergence
The AO Divergence Indicator is a useful BE4 tool for forex traders who want to identify divergence patterns in the market. This new MT4 indicator is popular with traders due to its effectiveness in spotting divergence patterns and predicting potential price reversals. It works by analyzing the Awesome Oscillator (AO) and highlighting divergence patterns that may indicate possible trend changes. The AO Divergence Indicator is easy to use and can be a valuable addition to any trader's toolbox.
Reviews
There are no reviews yet.