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Old 02-13-2009, 12:51 AM   #1

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Free EasyLanguage Indicators

I will be sharing my EasyLanguage Indicators here.

Some of the codes are of my own creation.
Others are public license open source stuff that I have modified.
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Old 02-13-2009, 12:55 AM   #2

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Re: Free EasyLanguage Indicators

ZigZag JJs

A must have for all Price Action traders!

There are quite a few versions of ZigZag on the web.
I like this version because it is very sensitive.

The author is unknown. If you know of him, please post his credit here.

The original version only works in minute, and slower fractals.
I have modified the code to work with second charts, tick charts and volume bar charts.
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Free EasyLanguage Indicators-zigzag.gif  
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Last edited by Tams; 02-13-2009 at 01:31 AM.
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Old 02-13-2009, 01:00 AM   #3

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Re: Free EasyLanguage Indicators

Red Light / Green Light

This might well be the Holy Grail you have been looking for.

Description: this is a MA based indicator

The indicator turns green when the close is above MA
and turns red when the close is below MA.
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Free EasyLanguage Indicators-redlight_greenlight.gif  
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File Type: txt redlight_greenlight.txt (1.1 KB, 355 views)
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Old 02-13-2009, 01:08 AM   #4

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Re: Free EasyLanguage Indicators

Price Action HH / LL with horizontal lines

Another indicator for Price Action traders.

This popular indicator labels HH / LL on the chart.

I have added the option to show horizontal lines at HH / LL points,
so that you can visualize the Support / Resistance areas.
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Attached Thumbnails
Free EasyLanguage Indicators-hh_ll_w_lines.gif  
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File Type: txt HH_LL_Line.txt (3.8 KB, 389 views)
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Old 02-13-2009, 11:16 AM   #5

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Re: Free EasyLanguage Indicators

Thanks for sharing. I particularly love the HH/LL indicator. So many new traders can't grasp this concept and to have it literally spelled out for them is a very powerful learning tool.

Kudos to you!
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Old 02-13-2009, 11:18 AM   #6

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Re: Free EasyLanguage Indicators

fyi - on compile with the HH/LL darkyellow isn't recognized by TS so you'll need to change it to like red or green to get it verified.
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Old 02-13-2009, 02:13 PM   #7

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Re: Free EasyLanguage Indicators

Quote:
Originally Posted by daedalus »
fyi - on compile with the HH/LL darkyellow isn't recognized by TS so you'll need to change it to like red or green to get it verified.
Thanks for the heads up.
My mistake; I use MultiCharts, I did not know DarkYellow is only supported in MultiCharts.

For the benefit of all users, attached is a list of EasyLanguage supported colors.
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Old 02-13-2009, 02:25 PM   #8

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Re: Free EasyLanguage Indicators

I haven't actually gotten it to work in TS yet.... what do I need to make it into... an indicator, show me?

I've tried a couple different things but haven't gotten it to show up on the charts yet.
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