This technical indicator is an MT4 Heat Map (MultiColor) which aims to highlight the price zones with the most activity: "hot zones" or "hot zone".

The strategy of the triple screen - Elder's Triple Screen trading

Screen 01: Identify the weekly trend using the trend tracking indicator MACD to detect the main direction
Screen 02: Apply a stochastic oscillator on a daily chart.

Use declines on daily as part of weekly uptrend trends to find shopping opportunities Use rallies on daily as part of downtrends in weekly to find short-selling opportunities.

Screen 03: Use buying orders stops trolling when the weekly trend is bullish and the daily oscillator goes down.
Use the trolley technique when the weekly trend is bearish and the daily stochastic oscillator rises.

The stock indicator Elders Triple Screen displayed for each currency pairs, the direction of the trend determined for multiple indicators

• MACD
• Moving average exponential EMA
• Stochastic oscillator

Heiken Ashi candlestick ZoneTrade

Heiken Ashi candlestick ZoneTrade combines Heiken Ashi with two other indicators:

• Acceleration / Deceleration Oscillator (AC)
• Awesome Oscillator (AO)

"Beforexguru" set Sensitivity = 210.0 can be a little more / less.
"StepMA Kv" = 3.2 or so

Both indicators do not paint at all indicators of family "Step" , can be used on smaller TF M5 M15, but it is necessary to reduce the settings Sensitivity = 34 - 42.0, respectively stepMA Kv = 0.5 - 1.0, the options are many. Indicators of well outstay flat, not much late.

Merrill Pattern indicator for MT4

Sometimes it’s good to go back to basics. Arthur Merrill, the author of Behavior of Prices on Wall Street, compared the market to a warped roulette wheel. It has a bias and often tips its hand. One way it does this is graphical, in the relation of swing legs to one another.

John Bollinger brought Merrill to the attention of the online world some years ago when he posted Merrill’s 16 W and 16 M patterns. These patterns, of course, all have four legs, but they differ in their message to traders. They’re a one-page Cliff Notes for pattern traders.

Merrill’s Categorization of M and W Patterns
Technical Patterns Merrill’s Patterns

Uptrends M15,M16,W14,W16
Downtrends M1,M3,W1,W2

Head and shoulders W6,W7,W9,W11,W13,W15
Inverted head and shoulders M2,M4,M6,M8,M10,M11

Triangle M13,W4
Broadening M5,W12

E-book attached here: Merrill Chart Patterns PDF DOC