The Zero Lag MA Ultra Trend indicator for Metatrader 5 follows the trend and delivers zero lag cloud based trading signals.
The indicator gets displayed in a separate chart window as green and orange colored trend clouds.
Understanding the Zero Lag MA Ultra Trend indicator:
- The green colored cloud indicates a bullish market.
- The orange colored cloud indicates a bearish market.
The following indicator inputs and parameters can be modified: start period, step, instances, and ultra trend smoothing period.
The indicator should work equally well across all time frames and trading instruments (Forex, Gold, Indices, Stocks, etc.).
Please make yourself familiar with this technical indicator and test it first on a demo account for an extended period.
Free Download
Ultra trend – zero lag ma.mq5 Indicator (MT5)
Chart Example
The following chart shows what the Zero Lag MA Ultra Trend indicator looks like when applied to the MT5 chart.
How To Buy And Sell Currency Pairs With The Zero Lag MA Ultra Trend Forex Indicator?
Find a simple trading example below:
Buy Signal
- A buy signal is given when the green colored MA Ultra Trend cloud appears in the chart.
- Execute a buy order and place a protective stop loss below short-term support.
- Exit the buy trade for a fixed profit target, or hold the trade until a sell trend reversal cloud gets displayed in the chart.
Sell Signal
- A sell signal is given when the orange colored MA Ultra Trend cloud appears in the chart.
- Execute a sell order and place a protective stop loss above short-term resistance.
- Exit the sell trade for a fixed profit target, or hold the trade until a buy trend reversal cloud gets displayed in the chart.
