Some Free MT4 Indicators

Mata Nui

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Mods please feel free to move this thread if you think it would be more appropriate somewhere else.

Just thought i would share some of the indicators i have created or modified. No, i am not a vendor, i dont code indicators/EAs for money and i have nothing to sell. They are nothing particularly special but i have found them useful at times.

The pinbar indicator has been shared on another thread and i know a few people on this forum still use it (from seeing some of thehe charts they post so it must be of some use). There is another pinbar indicator that only shows pinbars that intersect a moving average. The DBHLC indi is another price action indicator and shows double bar high/low close and double bar low/high close setups. The Stochastics arrows is a nice one that shows cross from ob/os. The RSI histogram is also quite nice (i hate looking at the lines seeing of they have really crossed 50, the histo is a bit easier to look at). Also if anyone ever used the TCCI indicator from the sanefx system i have modified it to display as a histogram.

Thats it for now. Might post some more later.
 

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  • HSPinBar.mq4
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  • HSPinBarOnMA.mq4
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  • HSStocasticArrows.mq4
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  • RSIHistogram.mq4
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  • TCCIHisto.mq4
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Mods please feel free to move this thread if you think it would be more appropriate somewhere else.

Just thought i would share some of the indicators i have created or modified. No, i am not a vendor, i dont code indicators/EAs for money and i have nothing to sell. They are nothing particularly special but i have found them useful at times.

The pinbar indicator has been shared on another thread and i know a few people on this forum still use it (from seeing some of thehe charts they post so it must be of some use). There is another pinbar indicator that only shows pinbars that intersect a moving average. The DBHLC indi is another price action indicator and shows double bar high/low close and double bar low/high close setups. The Stochastics arrows is a nice one that shows cross from ob/os. The RSI histogram is also quite nice (i hate looking at the lines seeing of they have really crossed 50, the histo is a bit easier to look at). Also if anyone ever used the TCCI indicator from the sanefx system i have modified it to display as a histogram.

Thats it for now. Might post some more later.

Hi Mata,

What might be a good idea is to separate post each indicator and add a pic for easy reference.

Just a thought !
 
Which one returns more pips ?

They are not a system or anything specific. As i said they are manily easier ways of looking at things a lot of traders already use.

The pinbar indi was originally shared on Pocrels pinbar thread and i beleive he still uses it. You dont need it to show you pinbars but it is handy because it alerts when there is one. A lot of strategies looks at stochastics OB or OS crosses. The stochastics arrows prints simply prints arrows on screen and alerts so it is easier to see at a glance if there was a cross or not.

To be fair i supose if you really want an answer then i have had modest success over time using the stochastics arrows with bollanger bands but on their own they dont do a lot.

In general i just find it easier to work in a specific way, arrows and histograms rather than squiggly lines so i guess others may feel the same.
 
Hi Mata,

What might be a good idea is to separate post each indicator and add a pic for easy reference.

Just a thought !


Good idea, perhaps with a short description of how it's used and what percentage profit it makes per year/week/day/hour/minute/millisecond.
 
Good idea, perhaps with a short description of how it's used and what percentage profit it makes per year/week/day/hour/minute/millisecond.

Or perhaps i could do a website for each with pretty pictures and lots of testimonials etc.
 
help

Mods please feel free to move this thread if you think it would be more appropriate somewhere else.

Just thought i would share some of the indicators i have created or modified. No, i am not a vendor, i dont code indicators/EAs for money and i have nothing to sell. They are nothing particularly special but i have found them useful at times.

The pinbar indicator has been shared on another thread and i know a few people on this forum still use it (from seeing some of thehe charts they post so it must be of some use). There is another pinbar indicator that only shows pinbars that intersect a moving average. The DBHLC indi is another price action indicator and shows double bar high/low close and double bar low/high close setups. The Stochastics arrows is a nice one that shows cross from ob/os. The RSI histogram is also quite nice (i hate looking at the lines seeing of they have really crossed 50, the histo is a bit easier to look at). Also if anyone ever used the TCCI indicator from the sanefx system i have modified it to display as a histogram.

Thats it for now. Might post some more later.


Mata ,how can we modify the "HSPinBarOnMA" to show us only the Bullish Pin Bars who is above an Up Ma and the Bearish Pin Bars who is below a down Ma ??
 
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