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TrueTL 1.85 is Released!


Two new options for the divergence indicators:

  • Line Chart: you can switch the indicators to draws divergence lines to the MT4's Line Chart.
  • Candle Body Filter: until now our indicators filtered automatically the divergence lines that go over the candle-bodies. From now you can turn off this filtering if you would like to.

The EXAMPLE page is extended with a very important part of forex trading. We give you a short description and some advice about the Risk Management, including the placement of Stop Loss, the RR Ratio, the Lot size calculation, etc. We believe that no one can be a successful trader without this knowledge.

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TrueTL 1.84 is Released - Williams %R Trendline and Divergence


We are happy to announce our two new addon indicators:

  • Williams %R Trendline (with MTF and alert functions)
  • Williams %R Divergence (with alert functions)

One new feature for all indicators:

Smarter Update Method: From now, all TrueTL indicators have a simple file name without version number. If a new update is released, simply you can overwrite the indicator's files (automatically with our installer or you can do it manually from the zip file), and you can use continuosly the new indicators with your saved template and settings. The indicator settings panel's first field contains the actual version number.

We extended the example page with detailed description of our two trading strategies.

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New FREE Indicators are Released!


3 new FREE indicators are released:

  • Stepless, colored and multi timeframe MA
  • Stepless, colored and multi timeframe Stochastic
  • Stepless, colored and multi timeframe Williams %R

Detailed description and FREE download on the Indicators page...

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New Strategic Partner: Globe Gain


Minimize your spread or commisson with a leading rebate service! Globe Gain is an international Forex rebate service which represents over 20 reliable brokers operating under the rigid control of the world-famous regulating authorities (such as FSA, CySec, ASIC, Bafin). What is a Forex rebate? It is a certain part of the broker spread/commission returned back to clients. In normal case your broker earns 100% of your original spread/commisson but with this service you can get cashback on each of your trades without any mark-up or other hidden costs.

How to cashback from your spread and commission with Globe Gain
How to cashback from your spread and commission with Globe Gain

Advantages Of Globe Gain:

  • Your spread and trading conditions are not changed. You will get back a part of broker spread/commission.
  • Only regulated brokers (like via FSA, CySEC, ASIC, CFTC, NFA, BaFin).
  • With Forex rebates you get an opportunity to reduce your trading costs or to make more profit on your trades.
  • Rebates are paid both on losing and winning trades.
  • Services of Globe Gain are absolutely free for clients, you don't have to pay Globe Gain anything for registration and services.
  • Great privacy and safety of clients’ personal data - SSL protocol implemented.
  • A wide range of payment methods: Bank wire, Credit/debit cards, PayPal, Skrill, WebMoney
Globe Gain Brokers


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TrueTL 1.83 is Released!


The two new features are based on many customer's requests:

  • Improved alert functions: New alert function in the main trendline indicator (coming soon in addon indicators): from now, you can set an alert when the indicator is redrawing the trendlines, and their positions are changing. Furthermore, the alert message contains the type of alerted trendlines. For example, you will know if a broken trendline is a Normal / Long / 3Touch / Narrow trendline.
  • Line Chart compatibility: The Metatrader has three chart mode: Bar chart, Candlesticks, and Line Chart. Until now TrueTL worked with the first two, but from now it can draw the trendlines on the Metatrader's Line Chart.

You can find the complete changelog on the UPDATE page.

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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