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OSMA Trendline and OSMA Divergence Indicators - TrueTL v1.88


Two new highly awaited indicators are released:

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

Two new requested improvements for all indicators:

  • 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

You can find all of our FREE and purchasable indicators on the INDICATOR page. You can find the changelog on the UPDATE page where our customers can download the latest version.

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MTF OSMA Indicator - New FREE Indicator is Released


New FREE indicator is released: MTF OSMA Indicator

From now we have 8 FREE indicators:

  • MTF Stochastic
  • MTF Williams %R
  • MTF MA
  • MTF Bollinger

Common properties:

  • Multi timeframe ability
  • Stepless mode: eliminate the steps what causes the multi timeframe function
  • Highly configurable style settings (colors, color mode, histogram mode, etc.)
  • Low system requirements


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Multi Timeframe Divergence Indicators - TrueTL 1.86 is Released!


We are proud to announce this awaited function for the divergence indicators:

MULTI TIMEFRAME ABILITY FOR DIVERGENCE INDICATORS: 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 = the 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.

You can find the complete changelog and DOWNLOAD the latest version on the UPDATE page. IMPORTANT: The current version will run under 509 build (or later) MT4.

On the EXAMPLE page you can find many useful advice about the forex trading.

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