Multi Range Calculator MT4 Indicator is the best multi range calculator I ever use. This indicator shows you daily open line, daily high and low level, daily average range and suggest you the best stop loss if you decide to buy or sell.

All of those information you can read easily on your charts. For more range information you get additional window (below chart). It works on all time frames. Click on image above to enlarge.

Merdekarama Trading Strategy EA (Expert Advisor)

A month ago we test and upload Merdekarama Trading Strategy with all indicators and template. Many of you show interest in this strategy. Thank to Augustine today you can download Merdekarama Trading Strategy EA. He decide to coded this strategy for free and share it with us.

This EA is based on the Mederka2008 strategy with a slight adjustment.

The stop loss is set at 700 (equivalent to 70 pips). I set it at 700 because my broker quotes 5 digits for EURUSD instead of 4.

It should give an alert to close orders when “TraderWawasan HA” changes from blue to red and “Stokastik” is rising (if sold) or red to blue and “Stokastik” is falling (if bought).

Closing orders is subjective. Sometimes the EA might close prematurely e.g. it entered a long position on EURUSD H1 on 11th Jan 2nd candle and closed same day on 8th candle. Otherwise it would have been up 400 pips today.

Suggestions on how to improve it are most welcome. Please give feedback.

Set Fibo Price MT4 Indicator – puts Prices at Fibo lines, when you add fibo on your charts this indicator will add price automatically. Draw your fibo’s on chart and then put this indicator, you will see prices at fibo levels.

Bonus indciator
The indicator “Set Fibo Price Any” takes the value of the level automatically from the fibonacci levels and then convert to text.

Kolier Super Trend MT4 Indicator If you need easy trend detect indicators, this is great choice.

Parameters:
Nbr_Periods
Default = 10. Use as ATR period settings.
Multiplier
Default = 3.0. Trend line range control, if set it larger, it will check bigger trend. Switch from 1.0 to 3.0 to compare.

Values
ATR = Average True Range value counting with Nbr_Periods as period.
ATR Range = Multiplier * ATR.
Medium Price = (High + Low)/2.
Main Trend Line in Up Trend (Show in Color Lime) = Medium Price – ATR Range.
Tricky Part: And the value will keep the same as the previous one if the current value from the formula is less than the previous one, but it will rise up if the value is larger.
Main Trend Line in Down Trend = Medium Price + ATR Range.
Main Trend Line

Conditions
Up Trend: Current close price is larger than the “Main Trend Line in Up Trend”
Down Trend: Current close price is less than the “Main Trend Line in Down Trend”

MACDik MT4 Indicator – 0, 1.2 periods and the difference between the signal and the main line.

This forex trading strategy is optimal when used on H1 timeframe.

Few days ago we test The 80’s Trading System, it’s simple trading system which allow you to detect trend easily. We archive huge number of pips in last ten days using this simple trading system.

Simple The 80’s Trading System rules:
BUY if both indicators are WHITE.
SELL if both indicators are RED.

This strategy gives you the greatest results when market trending.

The 80’s Trading System include:

MA rsi.mq4
The 80’s HEIKEN 1 hour.ex4
+ 80’s 1 hour Template

How to setup The 80?s Trading System:

1. Past “MA rsi.mq4″ and “The 80’s HEIKEN 1 hour.ex4″ files in “indicators” directory MetaTrader platform.
2. paste + 80s 1 hour.tpl in “template” directory in your MetaTrader platform.
3. Restart your platform and then load “+ 80s 1 hour.tpl” from MetaTrader panel.
4. count your pips…

Ichimoku Forecasting MT4 Indicator – the Kijun-sen line and Tenkan-sen line in Ichimoku indicator.

Tenkan-sen line is crossing Kijun-sen line:
1. from up to down – sell signal.
2. from down to up – buy signal.

Kijun-sen is used as market trend indicator line (main line):
- if the price is above Kijun-sen line we have uptrend (most probably).
- if the price curve is crossing the Kijun-sen line the trend will be reversed (most probably as well).

HMA Russian Color MT4 Indicator (Hull Moving Average) – Great trend indicator. On image above you see HMA on charts, image below represent HMA Russian Color separated version. Both indicators are include in download.

HMA Russian Color separate MT4 Indicator

i-DRProjections Forecasting MT4 Indicator – shows the support and resistance of current day forecasting on the base of previous day. All the calculation is based on Thomas R. DeMark book “New Science of Technical Analysis”.

Simple Stop MT4 Indicator – simply indicate stop for buy or sell entry. Very easy for use.