I'm back, and I'm here to share with you some cool indicators for MetaTrader 4 and TradeStation. They were all created in EA Builder - the amazing tool that lets you create custom indicators without having to do any programming.
1) "Trend Colored" - Colored candlesticks showing the trend, based on two moving averages and the slope of the slow moving average.
2) "CCI Colored" - CCI indicator with different colors at levels 0, 100 and -100. The cross is a signal for "123 Exit" as presented by MPlay and used in Woodies CCI system. This exit signal is effective especially in short-term breakout trades, because it prevents early exiting at small corrections.
3) "Trendline Break Alert" - An audible alert sounds when candlestick closes above/below the trendline or horizontal line.
Get your free indicators!
The indicators are open to modification. You can change not only their colors, arrows and parameters, but also the conditions and the whole concept, with no limitations. For example, you can arrange for an audible alert to sound when two indicators cross, or when a price reaches a specific level... just imagine what you can do with your new tool!
The link above also features a video tutorial that shows you how to install the indicators.
