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Ultimate Alpha Trend MT5

[MT4 Version]

Ultimate Alpha Trend MT5

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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note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.4 TRENDMAESTRO recognizes a new TREND in the bud, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data a
"Piranha" - an autonomous trading system that determines overbought and oversold levels on the chart. Red and blue zones represent overbought and oversold levels respectively. Entry points are marked with arrows: a downward arrow in the red zone for "sell" and an upward arrow in the blue zone for "buy". The Take profit level is indicated by the green moving average. Key features: Adjusting the Take profit level as the green moving average changes position. Averaging ability when a new market e
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals 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 customers. The first "The Basics"
TREND HARMONY MT5 – Multi Timeframe Trend and Phase and Pullback Level Visualizer indicator for Metatrader5 The TREND HARMONY indicator automates deep trend analysis and generates visualizations for you. Take control of your trades by eliminating uncertainty! Revolutionize your trading experience with precision and insight through the TREND HARMONY Multi Timeframe indicator – your ultimate MT5 trend visualization indicator. [  Features and Manual   | MT4 version |   All Products   ] Are you t
Good day! I present to you a trading technical indicator for Deriv broker synthetic indices. This indicator ONLY works with the following indices: Boom 300 Index Boom 500 Index Boom 1000 Index Crash 300 Index Crash 500 Index Crash 1000 Index The indicator was created to give signals to open medium-term trades in the direction of Spikes. But you can open trades in the opposite direction to Spikes, at your own risk. Trade only on M1. Other TFs do not guarantee the correct operation of the indic
Eng Gold
Ely Alkrar Xshkaky
ENG-GOLD Scalper It is an auxiliary indicator that identifies potential targets and determines the place of entry with a stop loss that works on Heiken Ashi candles  The green lines are usually the targets, the red lines are the stop loss, and the yellow lines are the entry location.  This file is recognized on small and medium frames, usually less than the watch frame I highly recommend using XAUUSD US100 US30 USOIL 
Do you believe that financial markets and celestial bodies operate in separate realms? Our indicator begs to differ! Based on the innovative theory of William Gann, which emphasizes the influence of celestial planet movements on financial market dynamics, we present to you the "Gann Planetary Lines Indicator". Features of the Indicator : Precision : Accurate projection of the 360 degrees of planetary orbits onto price charts. Advanced Customization : Ability to display or hide any planet line,
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Viktor Weidenthal
3.25 (4)
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[ MT5 Version ] Supply and Demand Multitimeframe Supply and Demand Multitimeframe is the first indicator in the market that combines multiple aspects like trading volume, price structure and momentum to identify Supply and Demand zones for every asset. The Supply and Demand indicator analyzes simultaneously up to 4 different TFs and represents their information in the current graph. Its interactive UI highlights everytime the price enters a Supply or Demand zone even if the zones are not visib
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JennySt
25
JennySt 2023.01.22 12:37 
 

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hilda07323
44
hilda07323 2022.12.21 19:41 
 

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Diego Arribas Lopez
8374
Resposta do desenvolvedor Diego Arribas Lopez 2022.12.23 17:13
Thank you for your feedback :)
zuchi69
64
zuchi69 2022.12.17 20:15 
 

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Diego Arribas Lopez
8374
Resposta do desenvolvedor Diego Arribas Lopez 2022.12.23 17:13
Gracias por el feedback :)
JorgeSHTrading
54
JorgeSHTrading 2022.12.17 18:56 
 

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Diego Arribas Lopez
8374
Resposta do desenvolvedor Diego Arribas Lopez 2022.12.17 19:14
Thank you for your feedback :)
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