I was thinking about opening a topic for the "industry standard" TrueTL Indicator.
The cracked, 1.01 version of the True Trendline Indicator is circulating on this forum and at other places too. I made the original version in 2011 and only the first version got cracked, however, that version is the only one some people are familiar with. I have improved it so much since then and I would like to share with you my latest news on it!
Some new features in v3.05 TrueTL Trendline Indicator compared to the 1.01 version:
- Available on MT4 and MT5
- Multi Timeframe ability
- Compatible with line chart and offline chart (renko or others)
- Highly customizable alert functions
- Fully customizable stye settings
- Two algorithms for trendline redrawing and candle body drawing option
- Triangle Mode (draws only two trendlines)
- 3 touches trendline recognition with sensitivity settings
- Cutting the trendline ending option
Along with the trendline indicator a True Support / Resistance Level Indicator was made as well, and also 36 Trendline and Divergence Indicators (for RSI, Stochastic, etc.) with similar features.
More information is on our website: https://truetl.com
I’ve attached 20 free indicators for MT4 and MT5. These are traditional indicators (RSI, MA, Bollinger Bands, etc.) but with MTF ability, alerts, customizable colors and much more features.
I think this is a great place to discuss what features you’d like to see in the future and I can share my progress in the development of my indicators too.
