FAP has the ultra_trend bonus.
I read the descriptions/instruction, but I still don't understand how you could tell whether it's a bullish/bearish signal, and how you use it to see the trend. (I'm new to forex)
Could anyone explain it to me?
thank you

I have never used the ultra trend, but start by reading this (same principal)
I have some other candlestick guides bookmarked on my other computer, If I remember I'll post them up..

A very good site to learn the basics of forex is http://www.babypips.com/school/
Go through all the lessons.

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Here is how you use/interpret this indicator:

When the blue line crosses the red line from below there is a bullish trend developing. The blue line will remain above the red line for as long as the bullish trend continues.

When the red line crosses the blue line from below a bearish trend is developing. As before the line will remain above the blue line for as long as the trend continues.

Draw a line at the 13 mark (roughly half-way) and use that as the middle line.

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There a a few other uses also....

Draw a line about 1/5th the way below the top and 1/5th the way below the bottom and use this as a stochastic.

You can also draw trend lines on ULTRA TREND as you would a regular chart and look for break outs.


I havent use dit for trading live but Its a cool indicator than has many functions.

The Pdf says there is more but these are the three main ideas behind it.