EA Builder let’s you create your own custom indicators and strategies without knowing programming. We have been looking for an indicator that draws the monthly and weekly pivot lines on the charts. One solution is to learn MQL4 language yourself and write the code yourself which we have done. The other solution is much easier. Download the EA Builder and it will help you create the custom indicator and strategies. You don’t need to learn MQL4 language. The code is generated by the EA Builder. You can download these EA Builder Indicators for MT4 and TradeStation FREE and check yourself how much helpful these indicators are.
This is the screenshot of the Trend Colored Indicator for MT4 which shows colored candlesticks based on 2 moving averages and the slope of the slow moving average.
This is the screenshot of the CCI Colored Indicator for MT4. CCI (Commodity Channel Index) is freely available on MT4 but it lacks many things that this custom CCI Colored Indicator provides.
This is the screenshot of the Trendline Break Indicator for MT4. When the candle breaks above or below a trendline which can be sloping as well as horizontal, this indicator gives an audible alert. You can also download Trend Colored Indicator for TradeStation as well as CCI Colored and Trendline Break Indicator for TradeStation. If you want more, you can download EA Builder and develop your own custom indicators, strategies and EAs.