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    cTrader Ultimate Trend Indicator


    14-Day Refund Option (Read Policy) - Pay Once, Use Forever

    The Ultimate Trend (UT) is a custom indicator for cTrader that allows you to visually see how trends are forming. It is based on a multi-timeframe RSI which is a very powerful indicator, and through the settings can be adjusted and tailored to identify trends as accurately as possible. Then these settings will help in future trend decisions and most importantly when to get out of the trade as the most powerful part of the indicator is identifying the end of the trends.
    Type: cTrader Indicator
    Current version: 1.0.0
    Requires: Windows 7, 10, 11
    Updated: 10 November 2021
    Vendor: HerculesOne

    Any questions?  Join our Live Chat Support  and read our Licensing Terms

    £24.99

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    computer installs?

     

    Important notes

    The indicator is based on a higher time frame of your choosing and the recommended time frame is 4x of the active chart.

    . The indicator is based on a higher time frame that you choose. As the timeframe needs to close until we get a reading there will always be a delay for the result so we can take the latest reading.

    • On a 15-minute chart choose the 1-hour timeframe.
    • On a  1-hour chart choose a 4-hour timeframe.
    • Repeat the same formula for additional timeframes.

    Every chart is different. Use the parameters to adjust the levels and see the best results, this way you can adjust the trend the best way for you to trade.

     

    cTrader Trend Indicator

     

    How to use the indicator?

    When you first attach the indicator to a chart you will see the license registration and verification window, once you click on the Next button, if you have already registered you should the indicator parameters window as shown below.

     

    cTrader Ultimate Trend Settings

     

    Parameters

    • Choose the timeframe the indicator will extract data from. 4x Recommended.
    • The length of the RSI indicator was used. Smaller numbers will give smaller trends and higher lengths will give bigger trends. 7 or 14 recommended.

     

    Levels

    • Overbought (80 is Recommended) - adjust according to the movement of the chart. Some symbols need a tighter OvB level, such as 70 and some need to open up to even 85.
    • Bull (60 Recommended)
    • Bear (40 Recommended)
    • Oversold (20 Recommended - adjust according to the movement of the chart. Some symbols need a tighter OvS level, such as 30 and some need to open up to even 15.

     

    Lines

    Here you can choose the colours and thickness of the levels visually.

     

    Key Features

    • Ability to identify the start of a trend.
    • Ability to identify the end of a trend.
    • This indicator does not repaint.
    • Option to choose a different timeframe from the chart.
    • Option to integrate into the Ultimate Trade Manager

     

    Complete Trading Solution

    Why not get the complete trading solution with the Ultimate Trade Manager which uses this indicator for risk management and locking in your profits. The Ultimate Trade Manager (UTM) is a cBot for cTrader that allows you to place trades with advanced stop loss and take profit features while calculating the required volume automatically.

     

    forex trade manager

     

    How To Install

    First, make sure you have the cTrader trading platform installed and then simply unzip the file and double-click on it to automatically install it onto the platform.

     

    Instant Chat Support

    If you want a speedy reply to your questions just post your questions on our Telegram chat group.