Free MT4 Indicator

Hi
Second Indicator that I shared for you is FXDesktop

http://forexrainbow.com/files/3xu9tr62pqfe8xt8up8y.gif

this Indicator shows trend direction in 3 timeframe, speed of market(alpha), spread, standard deviation and generates short term and long term signal.
this also suggests the lot volume to open in each symbol and shows you volume of open positions in your account.
I hope this Indicator help you to gain profit.

password: mt4x.blogspot.com
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Hi
The first Indicator that described here is StrengthMeter.
Original Idea of this Indicator comes from FF and FTSD.
this Indicator Uses the MovingAverage to calculate the Strength of Symbols.
If the "Classic" input set to False, the calculation mode will be changed.
You can change position of Table by set the "Corner" input.

http://i572.photobucket.com/albums/s...abo/fxgsm2.gif

password: fxgabo.blogspot.com
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Would like to know MORE details about ALPAHA Feature ,as in 1st post
What is it based on and Calculation and stuff!

Regards

Alpha is Slope Factor in Regression Line's Formula for current bar.
if Alpha(0)>Alpha(1) the value displayed in green
otherwise it is Red

Check this link:

password: mt4x.blogspot.com
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