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WHAT'S NEW IN TrueTL 1.5

IMPORTANT: Please install the latest version of Metatrader (build 419).

Lazy Readraw Icon

LAZY REDRAW OPTION (from 1.5)

The pattern recognition algorithm is the heart of TrueTL. It determines the trendline-redrawing. We improved this algorithm in version 1.1 and we never stopped developing. From now, TrueTL contains the even more upgraded algorithm, and this new option, which shows safer trendline breakout.

FOR EXAMPLE:

Trendline Lazy Redraw #1
Trendline Lazy Redraw #2
Cut trendline ending icon

CUT TRENDLINE ENDING OPTION (from 1.5)

Cut the trendline ending, when it's broken. It's make even less disturbing trendlines and clearer charts.

FOR EXAMPLE:

Cut Trendline Ending Example #1
Cut Trendline Ending Example #2
Candle body icon

CANDLE BODY OPTION (from 1.4)

From this version, TrueTL is able to ignore the candle's high/low, and draws the trendline that is aligned to the candle's body. You can set this option with the "candle-body" switch.

FOR EXAMPLE:

Candle Body Example #1
Candle Body Example #2

CCI Trendline Settings

NEW ADDON INDICATOR: CCI TRENDLINE (from 1.4)

CCI trendline indicator which draws all trendline automatically in the CCI indicator window. 
CCI Trendline #1
Picture
CCI Trendline #3
CCI Trendline #4
CCI Trendline #5

RSI Scale Icon

CORRECTED SCALE ON RSI TRENDLINE (from 1.4)

From this version, the RSI Trendline indicator shows the standard scale of RSI (0-100). You can set your favorite levels on the chart (such as 30 / 70).

User Notification Icon

USER NOTIFICATION ON THE CHART (from 1.3)

You can receive a notification message on the chart, such as if your subscription expire soon, or a new update is released. You have the option to set the corner on the chart to show the message.

If the new update is released, you can download from this page.

Offline Chart Icon

IMPROVED OFFLINE CHART COMPATIBILITY (from 1.3)

Some popular indicator (such as Renko Chart, Point & Figure Chart) is working on the offline chart. The refresh procedure is optimized in this version.

FOR EXAMPLE:


RSI Trendline Settings

NEW ADDON INDICATOR: RSI TRENDLINE (from 1.2)

RSI trendline indicator which draws all trendline automatically in the RSI indicator window. 
RSI Trendline #1
RSI Trendline #2
RSI Trendline #3
RSI Trendline #4
RSI Trendline #5

EX4 Protection Icon

SERVER CALCULATION AND PROTECTION AT ONCE (from 1.1)

"Good bye Guardian protection..." 
A simple installer copies the files to the MetaTrader directory and that’s all: it works! The indicator sends the necessary candle-data to a server, which calculate some values. The indicator receive this values, and it can works only with these. This process takes place in a fraction of a second, so it’s NOT a slowing factor.

WARNING: If you meet the other sources of TrueTL indicator, you can be sure that it is a fake version, and it’s not gonna work flawlessly. Click here for more information about our own ex4 protection. 

MT4 Account Icon

NO MT4-ACCOUNT LIMITATION (from 1.1)

You can use TrueTL with multiple Metatrader account. After purchase you will receive a username which can be used on any number of any MetaTrader broker’s account.  This provides faster service. On working days you can get access to the indicator up to 5 minutes.

Candlestick Pattern Icon

IMPROVED CANDLESTICK PATTERN RECOGNITION (from 1.1)

Thanks to the server-calculation, more advanced algorithms can be used for the candlestick pattern recognition. In previous versions, it happened that it draw a trendline to a configuration which was not an obvious pullback, and we’ve seen some false trendline-breaks.

FOR EXAMPLE:

Example Candlestick Pattern Recognition #1
Example Candlestick Pattern Recognition #2

Duplicate Trendline Icon

FILTER THE DUPLICATED TRENDLINE (from 1.1)

In uncertain market situation, there are many possible trend lines. Since TrueTL picks all of these, a lot of trend lines can be confusing sometimes. The new version filters the „too close” trendlines, which don’t have any effect to our trading-decisions. You can set the color of this, or choose the 'none'-color, and they will disappear.

FOR EXAMPLE:

Example Duplicated Trendline #1
Example Duplicated Trendline #2

M1-M5 Timeframe Icon

INTELLIGENT M1-M5 FAST ANALYSIS (from 1.1)

Compared to the previous version, it finds the smaller timeframe’s starting points in a much smarter way. It’s observe only those candle what is really needed, so the calculation is faster and better trendlines are also obtained.

Optimization Icon

...AND SOME OPTIMIZATION AND BUGFIX (continously)

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