The Ultimate Trend Signals V2 Indicator MT4 is a signal indicator for MetaTrader 4 and is designed to indicate potential entry and exit trade signals on the main chart. The indicator displays blue and red circles as signals for optimal entry and exit points. A blue circle signals an opportunity for a long position, while a red circle indicates a potential short-selling opportunity. Additionally, the indicator displays an analysis of the trend strength to help identify the general direction of a trend for a given currency pair. Furthermore, the strength of the entry signal and pivot point displayed on the chart helps traders execute trades effectively. This indicator relies on the average directional index (ADX) indicator and pivot points to generate accurate signals. The indicator is highly customizable, with additional alert options, making it an invaluable asset for traders aiming to identify potential entry and exit points.
This indicator is suitable for traders of all skill levels and across all time frames. Its versatility extends to trading multiple currency pairs within any forex trading system or strategy, for additional confirmation of trade entries or exits.
Indicator Settings
How to Install Ultimate Trend Signals V2 Indicator MT4
Download and extract files in the MetaTrader “Indicators” Data Folder found in the Main Menu File section:
The “Indicators” folder is located in the “MQL4” folder.
Restart MetaTrader Platform.
