Urban Tower Indicator

  • Built using six moving averages
  • Identifies trend direction clearly
  • Shows momentum shifts visually
  • Provides buy/sell arrow signals
  • Includes retracement confirmation zones

Overview

  • The Urban Tower Indicator is built using six moving averages with different periods.

  • It visually illustrates the trend structure, highlighting momentum shifts and direction changes.

  • By analyzing the convergence and divergence of moving averages, it identifies the start, continuation, or end of trends.


Key Functional Features

  • Combines blue and green moving-average lines to define overall trend direction.

  • Detects momentum shift points based on moving-average behavior.

  • Shows buy arrows (blue) and sell arrows (red) as clear trade signals.

  • After each signal, it prints a Retracement Zone (blue for buy, red for sell) to validate entry points.

  • Helps traders confirm entries during retracements, trend continuation, or reversals.


Specifications Table Summary

  • Indicator Categories:

    • Signal & Forecast MT4 Indicators

    • Momentum Indicators

    • Moving Average Indicators

  • Platforms: MetaTrader 4 (MT4)

  • Trading Skills: Elementary

  • Indicator Type: Reversal MT4 Indicator

  • Timeframe: Multi-Timeframe

  • Trading Styles Supported:

    • Scalping

    • Day Trading

    • Swing Trading

  • Instruments Supported:

    • Forex

    • Cryptocurrencies

    • Stock Market


Buy Trade Setup

  • Example: 30-minute Ethereum (ETH) chart.

  • A light blue upward arrow indicates a buy signal.

  • Price retraces to the blue retracement zone, confirming the entry.

  • Traders can open a long position once retracement touches the blue zone.


Sell Trade Setup

  • Example: 1-hour GBP/USD chart.

  • A red downward arrow appears as a sell signal.

  • Price moves back to the red retracement zone, validating a short entry.

  • Traders can open a sell position at the retracement touch.

Input Settings & Controls

  • MA Starting Period: Sets the initial period value used for the first moving average.

  • MA Period Interval: Defines the step or gap added between each subsequent moving-average period.

  • MA Price Source: Selects which price type (close, high, low, etc.) is used for calculations.

  • MA Method: Chooses the formula or style of moving-average calculation.

  • Show Moving Averages: Enables or hides the plotted MA lines on the chart.

  • Lookback Count: Number of candles reviewed for identifying trends and signals.

  • Enable Alerts: Turns all alert features on or off.

  • Popup Notification: Displays an on-screen message alert.

  • Email Notification: Sends alert messages via email.

  • Sound Notification: Plays an audio alert when conditions are met.

  • Alert Sound File: Selects the specific audio file used for sound alerts.

Devices Supported

Device Type Operating System Compatibility with TradingView
💻 Windows Laptop/Desktop Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11 ✅ Fully supported via app
🍏 MacBook / iMac macOS 10.15+ ✅ Fully supported via app
📱 Android / Mobile Android OS ❌ Not supported

Risk Disclaimer

  • TrendCharts.in and its associated products, services, software, and tools do not provide any offer or solicitation to buy or sell securities, futures, forex, commodities, or derivatives.
  • We are not SEBI Registered Investment Advisors or Research Analysts.
  • All materials are strictly for educational, informational, and paper trading & help in analysis purposes only.
  • We do not provide advice for Real Money Trade, tips, buy/sell recommendations, or investment strategies.
  • TrendCharts is solely involved in the development, sell, resale, and distribution of financial market software, datafeeds, indicators, scanners, and tools.
  • All our offerings are intended for testing strategies and educational evaluation only—not for real-money trading.
  • Users may utilize the software and tools for paper trading or strategy evaluation only.
  • If users apply our offerings to actual trading (knowingly or unknowingly), TrendCharts.in or its stakeholders bear no responsibility for any profit or loss.
  • Any such use is at the user’s sole discretion and risk.
  • We explicitly disclaim liability for any financial loss, trading loss, or damages resulting from:
  • Use of our software, tools, or services.
  • Decisions made based on any charts, indicators, AFLs, data, or analysis from our products.
  • All market data and content provided are subject to delays, inaccuracies, or errors.
  • Past performance (actual or hypothetical) is not indicative of future results.
  • Hypothetical or backtested performance may not reflect the impact of actual market conditions.
  • Trading and investing involve substantial financial risk and can result in loss of capital beyond the initial investment.
  • Users must use individual discretion and independent judgment while interpreting signals, strategies, or chart setups.
  • Automated signals or scanners are tools for evaluation—not trading instructions.
  • TrendCharts content does not account for personal financial conditions, goals, or investment profile.
  • Before making any financial decisions, consult with a licensed financial advisor or SEBI-registered professional.
  • Do not rely solely on any information presented on our site for actual trades.
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  • No legal claim may be made against us or our data providers based on inaccuracies.
  • Any user testimonials are individual opinions and may not represent the typical user experience.
  • Hypothetical performance results involve inherent limitations and should not be relied upon for real-money decisions.
  • All opinions, data, signals, and analyses shared on the website are subject to change without notice.
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  • All content—charts, indicators, tools, or data—is designed for testing, analysis, and learning.
  • No real-money trading or investment recommendations are provided or supported.

⚠️ Final Note: Trading in financial markets is speculative and may not be suitable for all investors. TrendCharts.in provides various automatic signal setups for Paper Trading & help in Analysis, it is not a “black box” system to be used without careful evaluation. Users must apply their judgment in filtering automated setups, particularly in relation to broader market trends. All trading decisions are solely the responsibility of the individual trader. Trading and investing involve risks, and losses are inevitable, So Kindly use only risk capital and never invest money you cannot afford to lose.

✅ Always remember🧠 my 3R Rule💡: If the money💰 is yours then, risk⚖️, reward🏆 and regret😔 are solely yours. 🔥

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