Update

On this page you can find our indicator's new features. Our clients can download the latest version here with a valid username. Reports about optimization and minor bugfixes will not appear here, as it's obvious that we're working on them continuously. IMPORTANT: The current version will run under 988 build (or later) Metatrader 4 (New install instruction)




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NEW! Switchable Stepless for all Trendline And Divergence Indicators | From Version 1.99 - 13/07/2016

With this switcher you can enable or disable the interpolation if you would like to see the exact higher timeframe's indicator data. Go to indicators...

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NEW INDICATORS! Force Index Trendline And Divergence | From Version 1.98 - 01/02/2016

Similar indicators like RSI-CCI Trendline and Divergence, but with Force Index Indicator. Go to indicators...

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NEW INDICATORS! Momentum Trendline And Divergence | From Version 1.97 - 14/12/2015

Similar indicators like RSI-CCI Trendline and Divergence, but with Momentum Indicator. Go to indicators...

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NEW INDICATORS! DeMarker Trendline And Divergence | From Version 1.96 - 12/07/2015

Similar indicators like RSI-CCI Trendline and Divergence, but with DeMarker Indicator. Go to indicators...

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Switchable trendline groups | From Version 1.95 - 25/05/2015

True Trendline Indicator sorts the trendines to 4 groups (normal, long, three touches, narrow). The style's settings are available from earlier versions but from now you can show or hide these groups separately with switchers. For example this function is ideal if you would like to trade with only three touches trendlines.

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Multiple instances possibility | From Version 1.94 - 07/05/2015

From now you can attach two or more instances of the same indicators on one chart. For example you can run 3 RSI Trendline indicators with different settings on one chart. If you would like to use the indicators with old-style object names (if you developed an EA or another reason) you can disable this function with the "Multiple_Instances" setting.

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User friendly description for some settings | From Version 1.94 - 07/05/2015

Thanks for the Metatrader's new abilities we added user friendly description for some settings. For example: Until now the timeframe or the line style were adjustable with numbers. From now you can set them with a drop-down list options.

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MFI Trendline And Divergence | From Version 1.93 - 20/07/2014

Similar indicators like RSI-CCI Trendline and Divergence, but with MFI Indicator. Go to indicators...

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Minor Improvements For All Indicators | From Version 1.92 - 27/05/2014

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.

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OBV Trendline And Divergence | From Version 1.91 - 29/04/2014

Similar indicators like RSI-CCI Trendline and Divergence, but with OBV Indicator. Go to indicators...

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Triangle Mode For All Trendline Indicators | From Version 1.90 - 09/03/2014

It works the same as the True Trendline Indicator's triangle mode where the indicator analyses every movement but draws only the two nearest trendlines (upper and lower). Some major changes from the 1.90 version...

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Triangle Mode For True Trendline Indicator | From Version 1.89 - 07/01/2014

In this mode True Trendline Indicator analyses the whole chart, then selects and draws only the two nearest trendlines: upper and lower. Basically TrueTL draws all possible trendlines to use for many things: entry, entry-filtering, R/R calculation, SL / TP price, etc. The "Triangle Mode" is ideal if you are looking for an entry only. It's worth to try it out with "Lazy Redraw" option.

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OSMA Trendline And Divergence | From Version 1.88 - 15/11/2013

Similar indicators like RSI-CCI Trendline and Divergence, but with OSMA Indicator. Go to indicators...

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Minor Improvements For All Indicators | From Version 1.88 - 15/11/2013

  • Custom style (color and symbol) for the divergence indicator's arrows
  • Separate icon for the update and license-expiry notifications and text message for others
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MACD Trendline And Divergence | From Version 1.87 - 20/08/2013

Similar indicators like RSI-CCI Trendline and Divergence, but with MACD Indicator. Go to indicators...

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Multi Timeframe Ability For Divergence Indicators | From Version 1.86 - 21/07/2013

You can watch indicator values of a higher timeframe without switching between the chart's timeframes. You can set timeframe of the indicator as follows: 0 = Timeframe used on the chart, 1=M1, 5=M5, 15=M15, 60=H1, 240=H4, 1440=D1, 10080=W1, 43200=MN1. IMPORTANT: The arrows will appear only when the higher timeframe's candle is closed to make sure that the candle’s configuration is validated and the divergence is fine. Go to indicators...

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Two New Options For The Divergence Indicators | From Version 1.85 - 16/06/2013

  • 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.
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Williams Trendline And Divergence | From Version 1.84 - 29/04/2013

Similar indicators like RSI-CCI Trendline and Divergence, but with Williams Indicator. Go to indicators...

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Smarter Update Method | From Version 1.84 - 29/04/2013

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.

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Line Chart Compatibility | From Version 1.83 - 11/03/2013

The Metatrader has three chart mode: Bar chart, Candlesticks, and Line Chart. Until now TrueTL worked only with the first two, but from now it can draws the trendlines on the Metatrader's Line Chart. For example...

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Stochatic Trendline And Divergence | From Version 1.82 - 16/01/2013

Similar indicators like RSI-CCI Trendline and Divergence, but with Stochastic Indicator. Go to indicators...

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Small Notification Icon | From Version 1.81 - 28/12/2012

From now, the alert messages (license expire soon, update released, etc.) will not reserve huge place on the chart. It only shows a small icon. If you move over the mouse pointer you can read the message.

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New Addon Indicators: Rsi And Cci Divergence | From Version 1.80 - 06/11/2012

RSI and CCI Divergence Indicator, without the general problems of the other free or not free divergence indicators (inaccurate peak/bottom detection, divergence line draws over the candle-body, etc). NON REPAINTING: the arrow will appear when the trigger candle is closed. Go to indicators...

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Multi Timeframe redraw | From Version 1.75 - 10/10/2012

Until now: TrueTL drew trendlines in multi timeframe, but the redraw depended on the actual timeframe's candle sticks. From this version: you can adjust the timeframe for redraw. So for example you can use H1's trendlines in M5 (with detailed break and backtest movements). For example...

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Minor Improvements For All Indicators | From Version 1.71 - 21/09/2012

  • You can move the TrueTL's lines to the background
  • More information in the alert message
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Integrated And Fully Customizable Alert Funtions | From Version 1.70 - 17/09/2012

From this version, all of the indicators have an integrated and fully customizable alert functions which works with all of the tredlines and horizontal lines (not only TrueTL's) on the chart or RSI-CCI Trendline indicator's window. Settings Panel...

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Fully Customizable Styles | From Version 1.61 - 22/08/2012

You can set freely any styles of the lines (color, width, line style) in any TrueTL indicators.

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Automatic Username Storing | From Version 1.60 - 08/08/2012

If you type your username into any TrueTL indicator, you don’t need anymore to type in again, because all of the indicators will remember.

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Rsi And Cci Trendline Goes Multi Timeframe | From Version 1.60 - 08/08/2012

You can watch other timeframe’s indicator values, without switching between the timeframes. You can set timeframe of the indicator to: 0 = Timeframe used on the chart, 1=M1, 5=M5, 15=M15, 60=H1, 240=H4, 1440=D1, 10080=W1, 43200=MN1.

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Minor Improvements For Rsi And Cci Trendline | From Version 1.60 - 08/08/2012

  • Cut TL Ending: cut the trendline’s ending when it's broken.
  • RSI Width: specify the width of the RSI and CCI lines
  • Trendline Width: specify the width of the trendlines
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Redundant Server Calculation | From Version 1.55 - 27/06/2012

If the main calculation server is not responding, TrueTL is going to change the settings, and requests the necessary calculation from a different server. It's proceed in the background automatically and quickly, you won't notice it.

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Lazy Redraw Option | From Version 1.50 - 07/05/2012

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...

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Cut Trendline Ending Option | From Version 1.50 - 07/05/2012

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

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Candle Body Option | From Version 1.40 - 29/03/2012

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...

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New Addon Indicator: CCI Trendline | From Version 1.40 - 29/03/2012

CCI trendline indicator which draws all trendline automatically in the CCI indicator window. Go to indicators...

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Corrected Scale On Rsi Trendline | From Version 1.40 - 29/03/2012

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).

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User Notification On The Chart | From Version 1.30 - 06/03/2012

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.

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Improved Offline Chart Compatibility | From Version 1.30 - 06/03/2012

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...

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New Addon Indicator: RSI Trendline | From Version 1.20 - 18/02/2012

RSI trendline indicator which draws all trendline automatically in the RSI indicator window. Go to indicators...

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Server Calculation And Protection At Once | From Version 1.10 - 30/01/2012

"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.

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No MT4-account Limitation | From Version 1.10 - 30/01/2012

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.

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Improved Candlestick Pattern Recognition | From Version 1.10 - 30/01/2012

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...

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Filter The Duplicated Trendline | From Version 1.10 - 30/01/2012

In uncertain market situation, there are many possible trendlines. Since TrueTL picks all of these, a lot of trendlines 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...

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Intelligent M1-m5 Fast Analysis | From Version 1.10 - 30/01/2012

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.

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...and Some Optimization And Bugfix | Continuously

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