Ultra Trend – Zero Lag TEMA – indicator for MetaTrader 5

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category:MT5 INDICATORS

Ultra Trend is an indicator that uses different period averages (usually it is JMA), checks their slopes and calculates the trend from those slopes.

This version is using a "fast" (fast in response to market changes) Zero Lag TEMA for trend calculations.

It is a standalone indicator though (it does not need any other indicator in order to work correctly).

Ultra Trend - Zero Lag TEMA - indicator for MetaTrader 5

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