Ultra Trend MT5 Indicator

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The way how Ultra Trend is calculated is simple:

  • Multiple period Jurik smooth values are calculated.
  • Slope of each instance of such value is checked.
  • Overall result of sloping up and sloping down is taken as a current trend.

Even though at the first glance it seems that such an indicator will lag a lot, it is not the case, and it is rather useful for trend determination.

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(Free MT5 Indicators Download)

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Ultra Trend MT5 Indicator

 

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