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TrueTL 1.81 is Released!

2012-12-28

We made a minor optimization and compiled our indicators to 445 build MT4. The only new feature is a small notification icon. 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.


Some major plan (that we are working on) for the future:


  • S/R level function for all indicators
  • More trendline drawing algorithm
  • Trend direction indicator (based on accurate peak/bottom detection)
  • Stochastic, MACD, and other trendline and divergence indicator
  • Backtest ability for all indicators, multi timeframe ability for divergence indicators (as the main True Trendline Indicator has)
  • Improve server communication and redundancy
  • Extend our EXAMPLE page to a compact and informative site, where the beginners can read about useful and basically required things (money management, candle patterns, S/R levels and other basic tools, entry filtering methods, psychology), not about the dead end.
  • And many other things based on our and the client's ideas.

Stay tuned with our newsletter or with our social network pages. We wish you a Happy and Successful New Year!



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New Version of Free Indicators

2012-12-01

New version of free indicators are released.


More info and download...


Stepless and colored multi timeframe indicators
Stepless and colored multi timeframe indicators


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TrueTL 1.8 is Released!

2012-11-06

The Highly Anticipated Divergence Indicators Are Released!


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). It's calculate with the last 300 bars, and use a basic candle pattern and divergence slope filtering.


NON REPAINTING: the arrow will appear when the trigger candle is closed, but we have to use any filtering method (on the EXAMPLE page we mentioned some tips).



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Coming Soon: RSI And CCI Divergence Indicators

2012-10-21

We are working on the RSI and CCI divergence indicators, just doing the finishing touches on the offline versions. After this, we will "convert" them to server protected versions and test them hardly. Stay tuned with our Newsletter or with the social networks.


Otherwise we've just revamped our website for the better look and transparency.



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TrueTL 1.75 is Released!

2012-10-10

We are proud to announce this very useful new feature: multi timeframe redraw.


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).


MTF Redraw
Multi timeframe redraw


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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