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Tuesday, 30 November 2010

Nic Parabolic Sar Indicator


Description:

You can choose Parabolic SAR for 4 TimeFrames (TF4 = true) or for 3 TimeFrames (TF4 = false and TF3 = true) or for 2 TimeFrames (TF4 = false and TF3 = false andTF2 = true) or for only 1 current TimeFrame (TF4 = false and TF3 = false and TF2 = false).

Green arrow will show the beginning of Up trend and Red arrow will show the beginning of Down trend.

Download link : http://www.ziddu.com/download/12762029/Nik_PSAR_2B.zip.html

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Monday, 29 November 2010

Doda-Donchian indicator with stop-loss feature


This is the modified version of Donchian channel indicator, popularly known as famous turtle indicator. I've modified it after removing 2 lines. The result is a single line, making a simple but one of the powerful indicator.

Buy: When price closes above Doda-Donchian line

Sell: When price closes below Doda-Donchian line

Stop-loss: Few pips away from Doda-Donchian line.

Works with any currency pair, CFD etc.

Recommendations:

  • Use higher time frame like H4. It works best there.
  • It happens many times that price kisses Doda-Donchian line, so it may triggers your stop-loss. So, place your stop loss few pips above / below this line.
  • Even if price moves above or below, that does not make any sense for change of signals. The candle MUST close above / below for confirmation.
Download link :
http://www.ziddu.com/download/12756441/Doda-Donchian.zip.html

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Auto Trend Fibo Indicator



This indicator draws trendlines and fibonaccis. You can change the calculation timeframe so that you can draw trends from higher timeframes.

In the picutre you see 3 Trendlines, Red=H4, Lime = H1 and Blue = M15

Download link :
http://www.ziddu.com/download/12756333/AutoFibAutoTrend.zip.html

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