Win2Win
23rd April 2009, 21:56
Although MT4 comes with many indicators, most are useless. Generally the MACD is the most frequently used, along with RSI, Stochtastic, Pivots, and a few others.
However one that doesn't come supplied is Isakas, which is made up of 4 indicators, you just load the template supplied onto the graph.
Basically when all colours are the same, you trade. It is not that simple obviously, but it is consistent, and not that difficult to find a profitable strategy. Works best on the 5 or 15 timeframes.
Just extract the file, and transfer the files into the matching directories in your MT4 folder.
You can install MT4 as many times as you like, and use different brokers, as they all have different spreads, on different currencies, at different times of the day.....easy huh? :doh :splapme
However one that doesn't come supplied is Isakas, which is made up of 4 indicators, you just load the template supplied onto the graph.
Basically when all colours are the same, you trade. It is not that simple obviously, but it is consistent, and not that difficult to find a profitable strategy. Works best on the 5 or 15 timeframes.
Just extract the file, and transfer the files into the matching directories in your MT4 folder.
You can install MT4 as many times as you like, and use different brokers, as they all have different spreads, on different currencies, at different times of the day.....easy huh? :doh :splapme