Ultimate Trend Signals – is a combination of signal indicators and information that works, according to developers on the most advanced algorithms of profitable trading. Ultimate Trend Signals uses the indicators RSI, MACD and moving average for the analysis of the current situation, the results of which are displayed on the information panel for each timeframe.
In this case we are dealing with the second version of the indicator – Ultimate Trend Signals v 2.0. The first version is outdated because it did not work with MT4 600 and above. An updated version of the indicator is compatible with the new builds of the terminal MetaTrader 4.
To determine the points of price reversal Ultimate Trend Signals v 2.0 uses indicator Non-Repaint ADX Crossing, which displays the signals for buying options in the form of points corresponding color. In addition, the indicator displays on the graph DAILY OPEN line and the level of PIVOT, which are used in the trade as support/resistance levels.
Characteristics of the Ultimate Trend Signals
- Platform: Metatrader4
- Asset: Any major currency pair
- Trading Time: European and start of American sessions
- Timeframe: M5 (may also be used M15, M30 and H1)
- Expiry: 5 minutes for M5, for M15 – 15 minutes and so on
- Recommended brokers
Rules of trade by Ultimate Trend Signals
Here will be described examples of trade for the M5 timeframe. For other timeframes (M15, M30 and H1) are similar to the rules.
CALL, under the following conditions:
- On the information panel appeared signal “SHORT BUY ENTRY”. At the same time on the current timeframe (M5), on the previous (M1) and the next (M15) there are inscriptions of green color: “UP”, “STRONG”, “BULLISH”.
- Appeared a blue dot.
- Buy a CALL option on the next candle. The expiry is 5 minutes.
PUT, under the following conditions:
- On the information panel appeared signal “SHORT SELL ENTRY”. At the same time on the current timeframe (M5), on the previous (M1) and the next (M15) there are inscriptions of green color: “DOWN”, “STRONG”, “BEARISH”.
- Appeared a red dot.
- Buy a PUT option on the next candle. The expiry is 5 minutes.
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