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Free Stuff

These are the templates and several of the indicators that I use in my daily trading that are available for free.  They just aren't substantial enough to put up for sale in the market.  In some cases this might mean that they are not as "polished" as a commercial tool, there may still be some harmless quirks and bugs, but they work well enough (I'm looking at you, Basket Line).

Chart Logic Files

If you're looking for strategy files for Chart Logic, they're over in the Forum.

ChartLogicRobot.png

Templates

The basic color scheme that I use, in my favorite templates.  Some of these templates include references to other tools (which are included in the download).  Some of them are free and are described below; and others available from the MQL5 Market (e.g. Coral Key Levels).  You can still use these templates if you don't have all of the tools that are referenced, but it may not look the same as a result.

Free templates that I use in MT4

Coral Dash

This is one of the first non-indicating indicators that I wrote, and I decided to make it available for free.  It simply shows the list of symbols, with exposure colors, and optionally lets you manage Bias.  There are keyboard shortcuts for quickly stepping up/down the list of symbols.  

CoralDash indicator

Coral Basket Line

This is a Break Even (BE) line for traders who are not trying to break even.  I realized that a line on the chart based on the basket value (i.e., the position value) doesn't have to only show you a value of zero, and often I want to know what the value will be if price gets somewhere else on the chart.  So you can drag this line around on the chart and it will tell you what the position value will be at that price, and the distance.  Super handy!

Coral Basket Line indicator

Scaled Moving Average

I know, very exciting, another Moving Average indicator, right?  Well, this one lets you set in the inputs what timeframe you want it to be based on, and it will automatically adjust to the current chart's timeframe.  For instance, you can see what a D1 MA would look like while you're viewing an M5 chart.  Now that's convenient!

Scaled Moving Average

Coral Spread

An indicator that shows the spread on the chart.  Optionally also displays the swap costs (high, low) for the current instrument. 

Coral Spread indicator

Coral Time

There are about a zillion of these out there for free.  This one sticks to the Bid line on the chart, so it's always right where price is.  Very handy when scalping.  The most unique feature about this indicator is that it has "Coral" in the name.  You're welcome. 

Coral Time on a chart

Coral HotKeys

Do you prefer the keyboard over the mouse?  Have you ever wished that MT4 had keyboard shortcuts to step up/down market watch changing the symbol on your chart; or to step left/right over the chart timeframes?  Well, that's what HotKeys does.  There's no UI or inputs, so here's an image of Morris showing how easy it is to update your charts with HotKeys.

A cat using a keyboard

Coral Target

Useful when position trading and you want to see where the ADR or value targets are, or where the scale-in line is.  If you're using CoralMAX or MultiMAX you don't need this, but if you're trading by hand or with another EA that doesn't show you these levels this can be really helpful to see.  These lines can't be dragged like with MultiMAX.  Does not work correctly with a hedged pair.

Coral Target showing target and scale-in lines
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