Indicators and EAs in MT4

Well, drag and drop works.

Forex Trading for Beginners - How to Trade Forex without Fear & Total Confidence

TheRumpledOne is still coding indicators for MT4. Just google TheRumpledOne and you will find where I post them.

Originally Posted by TheRumpledOne

TheRumpledOne is still coding indicators for MT4. Just google TheRumpledOne and you will find where I post them.

Post on our forum as source codes. Why we need to go to some other place?

Adaptive Moving Average

Adaptive moving average (AMA), as the name suggests is an adaptation of moving average. It is designed to adapt according to the dynamic market as needed.

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Simple moving average (SMA) and its cousins weighted moving averages (WMA) and exponential moving averages (EMA) all work fantastic when the market is trending. However when the market is range bound they pick up a lot of market noise generating a lot of premature signals. Moreover, they are all inherently lagging in nature.
In a quest to remedy shortcomings of moving averages, Perry J. Kaufmann, first introduced adaptive moving average in his book The Smarter Trading: Improving Performance in Changing Markets.

20-Day-SMA & AMA In Action:

Prior to Mr. Kaufmann's introduction of AMA, traders employed combination of more than a single moving average such as The Double Crossover Method and The Triple Crossover Method.
The reasons behind employing multiple combination of moving averages are based on the following facts:

1. Fast moving averages, which often consists of shorter time period such as 5-day period performed best when the market is rapidly trending.
2. Slow moving averages, which often consists of longer time period such as 50-day period performed best when the market is range bound thereby filtering most of the noise in the market.

So the genius in Kaufmann's AMA was a system smart enough to vary its speed according to a combination of market direction and speed.
In another words, when the market is trending, AMA speeds up along with the trend. When the market is range bound and does nothing AMA slows down.
Thus it righteously earns the name "adaptive" as it self adjusts to market direction and speed.
Kaufmann's AMA achieves sense of market direction and speed by incoporating the efficiency ratio.

Adaptive Moving Average Trading Rules

Following are the trading rules for the Adaptive Moving Average:

1. Buy when the AMA turns up
2. Sell when the AMA turns down

"Bloomberg Risk Takers" profiles Elon Musk, the entrepreneur who helped create PayPal, built America's first viable fully electric car company, started the nation's biggest solar energy supplier, and may make commercial space travel a reality in our lifetime.

Black Wednesday - a documentary about the crash of the pound sterling in 1992

Identifying Relative Strength In The Stock Market

Is it really possible to outperform the Stock Market? The answer is a definite YES. In order to achieve this outperformance, it is necessary to use a top-down approach to identifying stocks that are outperforming both the index and the sector.

In this video, we conduct a simple review of how we would trade the Heiken Ashi Smoothed MT4 indicator

In the Video above, the silver moving line is the price. The blue and red indicators are the Heiken Ashi bars. Blue indicates bullish momentum, while red indicates bearish momentum.

This indicator will probably work well in combination with another indicator. It reduces “fake-outs” and fake reversals while keeping you in trends with momentum indicated by the color of the bars.

Heikin Ashi is a type of trading chart that originated in Japan (heikin ashi translates as average bar). Heikin Ashi charts are similar to candlestick and bar charts in that they show similar information (the open, high, low, and close of the time frame), but Heikin Ashi charts calculate the information differently.

Heikin Ashi charts are used in trading in the same manner as standard candlestick or bar charts (i.e. chart patterns are used to indicate price movements). However, Heikin Ashi charts have an additional aspect in that the direction of the bar (i.e. its color for candlesticks) is supposed to indicate the overall direction of the market, while ignoring the intermediate direction (e.g. false changes of direction).

Heikin Ashi charts calculate their own open (HAO), high (HAH), low (HAL), and close (HAC), using the actual open (O), high (H), low (L), and close (C), of the time frame (e.g. the open, high, low, and close, of each five minutes).

Calculation:
HAO = (HAO-1 + HAC-1) / 2
HAC = (O + H + L + C) / 4
HAH = Highest(H, HAO, HAC)
HAL = Lowest(L, HAO, HAC)

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Heiken Parabolic Trading System is on this post; template to be used is on this post; indicators are here and here.

Heiken Parabolic Trading System is on this thread.

- Heiken Parabolic Trading System improved by AllStochastics_v4 indicator is on this post.
AllStochastics_v4 600+ is on this post (this version works with Metatrader 4 build 600 and above).
AllStochastics_v4.1 600+ is on this post. This is bug fixed version working with Metatrader 4 build 600 and above.

- Heiken Parabolic Trading System improved by Digital filters - separate indicator is on this post. Digital filters - separate 600+ indicator is here (this version works with Metatrader 4 build 600 and above)

AllHeiken-Ashi Trend trading system is on this page.
- AllHeiken-Ashi trend first version is on this post.
- AllHeiken-Ashi trend second version is on this post.

Kuasa Forex trading system is on this post.
Kuasa Forex signal Trading System updated is on this post.
Kuasa Forex signal Trading System improved by dremorah is on this post.

The Phases Of The Moon And Stock Market Performance

Kevin Barry of the Traders & Investors Club discusses how the performance of global stock markets varies depending upon the phases of the moon. Could investing for one half of the month only be a viable strategy? You decide.