UDP Indicator
MT4 Trend TradingFree DownloadThe UDP Indicator for MT4 is a trading gauge that provides signals in the form of two lines and trades are triggered at the crossover of these forex lines. It’s available to download completely for free.
The green line above the red line indicates a bullish trend-momentum. Conversely, a bearish trend-momentum takes place when the red line is above the green line.
It can be used as a standalone trading tool or better applied to a forex strategy.
Example trade with the UDP Forex Indicator
Below is the screenshot of an example trade with the UDP Indicator.
In the beginning, bears were dominating the market and price was falling, and it was confirmed by the UDP indicator. Then, a bullish signal was placed and the price raised dramatically, which was confirmed and suggested by the UDP.
