Wednesday 25 July 2012

Advanced CCI (Commodity Channel Index)


Here is another indicator I've made from the standard, and widely used, Commodity Channel Index (CCI) indicator found on all MetaTrader software. This one does the same thing as the Money Flow Index indicator I've made the other day, where it crosses a certain level (in the picture above the levels were set at 100 and -100) the appropriate arrow will display. This CCI indicator makes it a lot easier to see when CCI passes one of these levels, and as you can see it can predict tops and bottoms pretty well. Not perfectly, but pretty close.

Monday 23 July 2012

Advanced MFI (Money Flow Index)


Made this new indicator based of the Money Flow Index (MFI) indicator that comes with every MetaTrader 4 software. It is nothing too special, as it just displays the appropriate arrow when MFI crosses back over the 80 or 20 level. I've never gave this indicator much thought in the past, but judging by the accurate placement of the arrows I might have to give it a little more thought.

Monday 2 July 2012

ZigZag EA


Developed this ZigZag Expert Advisor with profitable trades. But like almost all EA's out there this one does have some drawbacks: you are bound to lose a couple of times with large loses. From all the trades you make you will profit 95% of the time, but the other 5% are rather large drawdowns.

You can find the file here:
Mirror 1

Enjoy!