Alligator Jaws Indicator
Author: XEN
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The Alligator Jaws indicator is a combination of multiple Moving Average lines.
The blue line (Alligator’s Jaw) is the 13-period Moving Average for the timeframe that was used to build the chart (moved into the future by 8 bars);
The red line (Alligator’s Teeth) is the 8-period Moving Average (one level lower) moved 5 bars into the [...]
Heiken Ashi Moving Average (Download)
Author: XEN
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Hey, I talked so much about the Heiken Ashi + MA (20). But I forgot to place a download link.
The HAMA20, as I like to call it is one of the best ways to see the trend without too much effort. I use it every day in my trading, because I’m used to switch from [...]
Zond Visual Indicator
Author: XEN
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The Zond Visual indicator is an indicator I coded for a specific strategy that makes great use of RSI levels and SMA crossover.
The Zond Visual indicator displays RSI Levels of all timeframes (M5, M15, M30, H1, H4). It’s a very useful for the 3 screen, RSI/SMA crossover strategy. It also displays SMA crossovers(up/down) on all [...]
Candle Formations Indicator
Author: XEN
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Remember the Candle Formations indicator ? I talked about it last week ? Well, I restarted work on it today. I will probably finish all the candle formations by tomorrow night.
The indicator will highlight all candle formations with a block on the chart. You will have special parameters at the indicator settings window, that will [...]
Smarty’s Best Pairs Indicator
Author: XEN
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This indicator will display the best 3 pairs to trade, based on their volatility. I don’t know if it’s useful for you, but I use it from time to time.
Most of the time GBPCHF and GBPJPY will be in the top, because overall… they are the top pairs in volatility.
It’s the first version, so there [...]
Session Indicator
Author: XEN
Filed Under Indicators | 1 Comment
This is a simple indicator I coded to display the current trade session (ex: London, Tokio, New York…etc).
I guess it’s not of much use to experienced traders, but it’s a great tool for “beginners”.
You can download it here: Download
The archive only contains the compiled indicator, for the source code (mq4)… email me.
For other indicators coded [...]
RSI Levels
Author: XEN
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The RSI is one of the most used oscillators in the world, in it’s simplicity it has only 4 levels:
- Level 80 which is the last resistance level for a bullish trend
- Level 60 is the first bullish resistance level, it serves as boundary for sideways trend.
- Level 40 is the first bearish support level
- [...]
How to use Heiken Ashi MA20
Author: XEN
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The Heiken Ashi, combined with a period-20 moving average, is called Heiken Ashi MA20. What it basically does is create smoothed candles by comparing price high & low levels to the moving average levels.
The Heiken Ashi MA 20 crossover can be use efficiently in combination with an oscillator, like RSI. Based on the crossover you [...]
About Indicators
Author: XEN
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I’m not addicted to indicators, no body should. Indicators are just a faster way too see things you could see on your own. Indicators don’t point you in the right direction !
Many indicators won’t mean you will trade better ! Most of the time they get you confused, and that’s not what you want. The [...]
