Free Forex Indicators, MetaTrader Tools and Honest Trading Guides
Three Elder-Ray rules measured on EURUSD and gold, M5 and M15. Elder’s classic setup lost more than random entries with the same exit on 3 of 4 charts.
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How to add Envelopes to MT4, how to pick the deviation for your symbol, and what 36 settings did on EURUSD and gold. On EURUSD only 4 of 75 settings with enough trades made money.
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Envelopes 14, 0.10 against Bollinger 20, 2 on EURUSD and gold, M5 and M15, with the same exit. More than a quarter of Bollinger breaks came in the quiet hours after midnight UTC.
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Five Envelopes rules measured on EURUSD and gold, M5 and M15. The same 0.10% band was 23 pips wide on EURUSD and $8 on gold, and the textbook fade lost after cost on all 4 charts.
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How to add the Alligator to MT4, what each period and shift does, and what 24 settings did on EURUSD and gold. The best first-half setting fell to the lower half later on all 4 charts.
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The Bill Williams Alligator against EMA 9/21 and EMA 5/13 on EURUSD and gold, M5 and M15, with the same exit. The Alligator woke up a median of 5 bars after the EMA cross.
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Six Alligator rules measured on EURUSD and gold, M5 and M15. The lines were stacked as a trend on 80% of bars, most awakenings faded within 12 bars, and the classic wake-up entry passed on none of the 4 charts.
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How to add DeMarker to MT4, which levels to use, and what periods 5 to 120 did on EURUSD and gold. The default 14 lost on all 4 charts with the zone return.
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DeMarker 14 tracked RSI more closely than Stochastic 14,3,3 on EURUSD and gold, M5 and M15. Stochastic exited the zone first, and neither overbought fade made money after cost.
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