Urban Tower Indicator for MT5 Download – Free – [TradingFinder]

The Urban Tower Indicator is built using six moving averages with different time periods and graphically displays the structure of price movement.
This tool, by combining green and blue lines, provides a clear image of the dominant market direction and effectively highlights momentum shift moments. Its operating logic is based on the analysis of convergence and divergence of moving averages.

Urban Tower Indicator Specifications Table

The table below describes the specifications of the Urban Tower Indicator.

Urban Tower Indicator at a Glance

The Urban Tower Indicator visually displays trading signals using colored arrows; the blue arrow indicates a buy signal, and the red arrow indicates a sell signal.
After a signal is generated, specific levels are determined as Retracement Zones, where a new price touch confirms the entry point.

Buy Trade Setup

According to the 15-minute USD/CAD chart, the Urban Tower Indicator generates a buy signal by displaying a light blue upward arrow.
After the signal appears, the price retraces to the blue zone of the moving averages, confirming the entry level.

Sell Trade Setup

Based on the 30-minute Bitcoin (BTC) cryptocurrency chart, after the formation of a downward red arrow, the dominant trend enters a corrective phase.
As the price approaches the red moving average zone, momentum weakens, revealing the presence of seller dominance. This reaction creates a suitable area for initiating sell positions and suggests a likely continuation of the downward move.

Urban Tower Indicator Settings

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

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

Conclusion

The Urban Tower Indicator, by combining six moving averages, systematically displays the price trend structure and accurately identifies potential retracement points.
This tool generates buy and sell signals using colored arrows and visually presents trade entry conditions directly on the chart.
In the settings section, several options are available for enabling text, sound, and email alerts.