Zero Lag Trend Signals (MTF) [AlgoAlpha]

Currency Pairs: Any

Timeframes:  Any

Minimum Deposit: Any

Recommended Account Type: ECN or Raw Spread

Leverage: From 1:30 to 1:1000

Recommend broker: Roboforex
Recommend Vps: GoVPSFX

Zero Lag Trend Signals (MTF) [AlgoAlpha] is a Multi-Timeframe (MTF) indicator for MetaTrader 4 designed to accurately detect trends with minimal latency. The indicator combines Zero Lag algorithms with dynamic signals, making it a useful tool for traders looking to quickly react to market changes. It is based on the Zero Lag Exponential Moving Average (ZLEMA) concept and is complemented by volatility filters and trend change markers, reducing noise and increasing the accuracy of signals.

Trading Application:
– Entry Points: Open Buy when a green arrow appears and an uptrend is confirmed on several timeframes; Sell when a red arrow appears and a downtrend is confirmed.
– Stop Loss: Set below the local minimum (for Buy) or above the maximum (for Sell), preferably outside the volatility band.
– Take Profit: Targets can be based on support/resistance levels or risk/reward ratio (e.g. 1:2).
– Signal Filtering: Use in combination with Fibonacci levels, RSI or Volume Profile for increased accuracy.