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Free indicator: Infoboard


New FREE indicator is released: Infoboard. It shows trading information such as spread, ATR, swap, etc. The fractal trend indicates the actual price relative to each timeframe's last high and last low fractal points. The place of indicator's panel is adjustable (corner and X-Y offset) and with "All Other Objects To Background" switcher can be always on top. You can hide each information what isn't useful for you.


MTF Fractal Indicator

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Our website is revamped!


We made a new engine for our website. The result is 4X or more faster operation and more "eye-catching" fresh look. Some of the changes:

  • We made a support page where you can fill in a form quickly if you have a question/suggestion. Previously we had some problems with the email delivery but with this method we can be sure that we will receive all messages.
  • We extended the frequently asked questions page. It's worth to check because it contains the 90% of questions what we received since 2011.
  • We closed our custom programming service because we would like to focus on the development of our free and paid indicators. We have a lot of ideas and we are continuously receiving many requests for future developments.

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TrueTL 1.92 is Released!


Unlike all the previous releases this one doesn’t include new features. We only made some minor speed and stability improvements for all indicators: some bugs what caused by MT4 are fixed and we launched new servers for the calculations of indicators. This version will run under 646 build (or later) Metatrader 4.

You can find the changelog on the UPDATE page where our customers can download the latest versions.

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OBV Trendline And OBV Divergence Indicators - TrueTL v1.91


Two new highly awaited and requested indicators are released:

  • OBV Trendline Indicator (with MTF and alert functions)
  • OBV Divergence Indicator (with MTF and alert functions)

Of course all indicators updated and bugfixed depending on the continuous changes of Metatrader (build 625 or later).

You can find all of our FREE and paid indicators on the INDICATOR page.

You can find the changelog on the UPDATE page where our customers can download the latest versions.

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New Free Stuff


New free indicator: MTF OVB Indicator. This indicator is similar to our previous Stepless and colored multi-timeframe indicators but it's an On Balance Volume indicator.

New free script: Screenshot in the original chart size. The script detects the actual chart size, puts a label with the actual symbol and timeframe and saves the screenshot to your specified folder (you can specify a folder inside or even outside of the MT4's folder).

New update: The MTF Fractal Indicator is expanded with "Show Validation Candle" option: it shows which candle is the point where the higher timeframe’s fractal is validated and the fractal point appears.

We share some of our FREE open-source products on website (and we release new free stuff continuously).


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Risk warning

Foreign exchange transactions carry a high degree of risk and any transaction involving currencies is exposed to, among other things, changes in a country's political condition, economic climate, acts of nature - all of which may substantially affect the price or availability of a given currency.

Speculative trading in the foreign exchange market is a challenging prospect with above average risk. You must therefore carefully consider your investment objectives, level of experience and appetite for such risk prior to entering this market. Most importantly, do not invest money that you are not in a position to lose.

In addition, trading on a margin basis means that any market movement will have a proportionate effect on your deposited funds. This can work for you as well as against you. The possibility exists that you could sustain a total loss of initial margin funds.

Risk Warning