Free Forex Indicators, MetaTrader Tools and Honest Trading Guides
Four gold scalping rules — EMA 9/21 cross, RSI 7 fade, 1-hour breakout and Bollinger fade — run through Asia, London, the London–New York overlap and the New York afternoon on 13,736 5-minute bars. The overlap moved gold the most and averaged -$0.41 per trade with 2 of 8 tests positive; the quiet New York afternoon averaged +$0.85 with 7 of 8 positive.
Read More
Eight entry signals, eight filter choices and three holding times — 192 templates built only from MT4’s own standard indicators, tested on 16,926 EURUSD 5-minute bars. 32 finished positive before costs and 23 after a 1-pip spread, and every single survivor ran the 50/200 EMA cross as its entry. Which input decides the result, which one does nothing, and how to build the surviving template in MT4 in about two minutes.
Read More
The eight most-taught indicator combinations — RSI + MACD, RSI + Stochastic + MACD, MACD + moving average cross and five more — measured against the single indicators inside them on the same 16,926 EURUSD bars. Every combination finished below its best component in pips per trade, six of eight below both halves, and the four-indicator stack finished last at 42.1%. The only profitable combo made 40% less than one of its own halves.
Read More
Eight standard indicators reduced to one bullish-or-bearish state and run through every one of the 56 confirmation pairs on 16,926 EURUSD 5-minute bars. Confirmation lowered the win rate from 44.2% to 43.1% while discarding 36% of signals, 42 of the 56 pairs made the result worse, and a seeded coin flip used as the confirming indicator scored 43.9% to 44.9%. Agreement between indicators ranged from 95.1% to 43.6% — and measured redundancy, not truth.
Read More
Four swing windows, three zone widths, three holding times and four filters — 144 combinations on 16,926 EURUSD 5-minute bars. 115 finished positive before costs and 16 after a 1-pip spread, and every single survivor carried the same 21:00-24:00 UTC filter rather than the same settings. Which inputs are worth touching, which do nothing, and how to build all of it in MT4 with Fractals and ZigZag for free.
Read More
Swing highs, daily pivots, Fibonacci retracements, round numbers and Bollinger Bands measured with one identical touch rule on the same 16,926 EURUSD bars. Every method landed between 55.2% and 61.1% held, with randomly invented levels finishing fourth at 59.8%. Fibonacci generated 32,561 touches and no more information than 233 round-number touches, and resistance beat support in all six horizontal methods.
Read More
Swing highs and lows coded as a rule and measured across 8,092 touches on 16,926 EURUSD 5-minute bars. The levels held 56.3% of the time — and 2,778 levels invented at random prices held 59.8%, in all five runs. The bounce rate turned out to be a function of zone width: 49.5% at 1 pip, 82.8% at 10, 94.3% at 20. Both the bounce and the break lost money, and first touches held better than third ones.
Read More
Wick ratios, body-to-ATR filters, holding periods, sessions, trend filters and indicator confirmations — 59 variants on the same 16,926 bars, seven of them positive after costs and only two on a full sample. The holding period mattered more than every parameter combined, and every quality filter made things worse.
Read More
Give MACD an hour either side of an engulfing bar and it fires near 92% of the time, agreeing 46.4% and disagreeing 45.7%. On the signal bar itself the two meet 6.7% of the time. Trading only MACD-confirmed candles nearly doubled the loss, while a slower EMA 12/26 crossover as the filter turned the same rule positive at 53.6% wins.
Read More