Hello All
pboyles, candles and their color are not the indicator(s), they could have easily be bar charts without the color.
There are a lot of moving averages that are not part of basic MT4 setup, fore example: hull, jma,
no-lag, tema. They are all a little different and It is possible to make money using these indcators but in a proper manner. One of my favorites is JMA, also a non-lag moving average, I don't trade it when it changes direction or color (as with some of them), but use it to determine a trend and trade the pullbacks in the direction of the JMA, just like someone would trade using 50ema or 200sma. I find that JMA, TCCI or any other non-lag moving averages, are quicker to react to change of trends which slightly decreases the no-win zone (when trend has changed but conventional moving averages still follows the previous trend) When you play the pullback within a trend game, it is very important. JMA is freely available on the internet, try it and play with the settings, and compare it to any conventional moving averages, you will see, what I mean. within my trading approach I also use fibs, fibs-pivots, RSI divergence, support and resistance and good old fashioned price action, however I do find moving averages especially no-lag ones very beneficial