INSTANT DOWNLOAD!
Price: $9.00
Indicator: ForexGumpUltra v2.0_fixed.ex4 (Unlocked), NO MANUAL.
ForexGumpUltra is an advanced indicator from the ForexGump series, designed to determine price direction across any currency pair and timeframe. This tool displays its signals on the zero bar and does not redraw them. In the video, at the 34-second mark, you’ll see how it uses new filters to accurately identify price movement changes, even amidst market noise. Once the direction is determined, the indicator generates a signal in the form of an arrow: blue for a buy signal and red for a sell signal. The indicator then highlights the price direction in the corresponding color. After the arrow appears, the indicator will show the potential profit or loss in points, although these figures are not final due to factors like closing speed and broker commissions. However, they still provide valuable insights for assessing the indicator’s efficiency and choosing the correct parameters. This system is ideal for both novice traders, as it functions almost as a complete trading system (with the exception of money management), and for experienced traders who wish to enhance or refine their existing strategies.
How ForexGumpUltra Works
To simplify the technical details, ForexGumpUltra can be seen as an almost complete trading system, requiring only the addition of a money management feature. It is a complex program that conducts global statistical analysis of the market, essentially performing the analytical work for the trader. The indicator provides ready-to-use buy or sell signals based on its analysis. ForexGumpUltra evaluates 34 parameters, such as market volume, average direction, candlestick patterns, and additional signals for in-depth market analysis. This approach allows traders to make informed decisions based on comprehensive data.
Advantages of ForexGumpUltra
No need to use multiple indicators, saving time and effort in market analysis.
Stay away from the screen and still receive signals with email and push notification features.
The indicator is buffer-enabled and can be integrated into any Expert Advisor (EA). Our team of programmers is available to assist with this.
It works on all currency pairs and timeframes.
Signals are drawn at Close[0] and do not redraw, ensuring accuracy (as shown in the video).
ForexGumpUltra Parameters
fast_average_period: Period for the fast moving average.
slow_average_period: Period for the slow moving average.
signal_line_period: Period for the signal moving average.
smoothing_period: Period for smoothing the data.
shift_of_the_averaging_line: Shift of the indicator calculation relative to the zero bar.
Index_calculation_period: Period for calculating the price direction index.
upper_bound: Upper bound of the price range for trend direction calculation.
bottom_bound: Lower bound of the price range for trend direction calculation.
bars: Number of bars to display the indicator (maximum 5000, minimum 200).
inform: Option to display the information panel on the screen.
Color: Color of the information panel.
thickness_of_thick_line: Width of the thick line.
thin_line_thickness: Width of the thin line.
Signal: Option to send signals via email and push notifications.
