Highlights
📊 Forex, Crypto, Stocks Markets
💻 MetaTrader 4
🔓 Unlimited
🖍 Repainting to be checked
♻️ Assets: All
⏰ Timeframes: All
🤖 Turn this indicator into Algo Trading System with Atlas iBots
Description
The ALTUM Indicator utilizes a combination of a Volatility algorithm and a Trend algorithm to identify market trends. Its graphics provide clear and concise trend indications, while also identifying potential reversal points. Additionally, it features audio and visual alerts to signal when trend changes occur.
The inclusion of cloud bands in the ALTUM Indicator allows traders to set stop loss and profit target levels with ease. If entering a trade during a downtrend, the upper band of the Cloud indicates where to set a stop loss, while the lower band of the Cloud denotes where to place a profit target. This convenient feature simplifies the trading process for traders.
The ALTUM Indicator is highly versatile and can be utilized with all currency pairs and timeframes. It performs well even in fast-moving or unpredictable market conditions, ensuring a smooth trading experience.