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Ultra Trend: Combining Slopes of Multiple Jurik-Smoothed Series

Article MQL5 code base

Summary

Ultra Trend is presented as a trend-detection indicator built from multiple Jurik-smoothed price series. The described procedure calculates several smoothed values, checks the slope of each, and combines the upward and downward slope readings to determine the current trend direction. This provides a high-level account of how the indicator forms its signal.

The entry characterizes the method as useful for trend identification and suggests that its lag may be less severe than expected. It does not provide a formula, settings, chart examples, comparative analysis, or test results to substantiate that claim. No entry or exit rules or risk controls are described, so the method should be understood as a signal construction concept rather than a complete trading strategy. Its responsiveness and reliability would need to be evaluated empirically.

Key ideas

  • The indicator calculates multiple Jurik-smoothed series.
  • It checks the slope of each smoothed series.
  • The combined upward and downward slope readings determine the trend direction.
  • The entry gives no formula, parameter settings, or performance tests.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.