Urban Tower Indicator for MT4 Download – Free – [TradingFinder]

The Urban Tower Indicator is designed based on six moving averages with different time periods and visually displays the trend structure.
By combining blue and green lines, it defines the overall market direction and reveals momentum shift points. Its functionality is based on analyzing the convergence and divergence of moving averages; therefore, it can accurately identify the beginning, continuation, or end of a trend.

Urban Tower Indicator Specifications Table

The specifications of the Urban Tower Indicator are presented in the table below.

Urban Tower Indicator at a Glance

The Urban Tower Indicator displays buy signals with an upward blue arrow and sell signals with a downward red arrow.
After a signal is generated, a blue or red zone appears as the Retracement Zone, where a price revisit confirms the entry point.
Traders can use these retracements to enter trades either in the direction of the trend or during market reversals.

Buy Trade Setup

Based on the 30-minute chart of Ethereum (ETH) cryptocurrency, a buy signal is generated using a light blue arrow.
After the signal appears, the price retraces to the blue level, confirming the entry point. Under these conditions, traders can open a buy position at the retracement level.

Sell Trade Setup

According to the 1-hour GBP/USD chart, the indicator generates a sell signal by displaying a red arrow. Subsequently, the price touches the red level, creating a sell entry opportunity.

Urban Tower Indicator Settings

The adjustable parameters in the Urban Tower Indicator are as follows:

• MAs Period Start: Starting number for the first moving average
• MAs Period Step: Incremental gap between moving average periods
• MAs Applied Price: Type of price for calculation
• MAs Method: Moving average calculation method
• Show Mas: Display or hide moving average lines
• Track Back Count: Number of candles for trend and signal analysis
• Alerts ON: Alert activation status
• Message Alert: Text notification display
• Email Alert: Email notification option
• Sound Alert: Sound notification option
• Sound File: Name of sound file

Conclusion

The Urban Tower Indicator, using six moving averages, displays the trend structure step by step and accurately defines price retracement zones.
It generates buy and sell trading signals using arrow markers on the chart.
Additionally, its settings include enabling various types of alerts, such as text, sound, and email notifications.