This channel showcases the UltimateTradingIndicator.
The UltimateTradingIndicator identifies every turn in the market (in real-time) with one of eight labels:
HHE: Higher High (Expected)
HHU: Higher High (Unexpected)
HLE: Higher Low (Expected)
HLU: Higher Low (Unexpected)
LLE: Lower Low (Expected)
LLU: Lower Low (Unexpected)
LHE: Lower High (Expected)
LHU: Lower High (Unexpected)
The labels show how each wave compares to prior waves.
These labels help traders determine if a market is trending or not.
A trending market begins with the first "Expected" wave.
An "Unexpected" wave signals a trend change.
Two or more subsequent "Unexpected" waves are indicative of a non-trending market.
These labels work on any market or time-frame.
Once a label is plotted, it is not moved, removed, or repainted.
This indicator was created for MetaTrader 4.
Learn more at UltimateTradingIndicator.com or download a free demo at mql5.com/en/market/product/19841
UltimateTradingIndicator 846 views · Jan 4th, 2018 @ 11:08am
UltimateTradingIndicator 737 views · Jan 4th, 2018 @ 11:08am
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UltimateTradingIndicator 753 views · Dec 15th, 2017 @ 3:36pm
UltimateTradingIndicator 781 views · Dec 15th, 2017 @ 3:36pm
UltimateTradingIndicator 678 views · Dec 15th, 2017 @ 3:26pm