I found another interesting intraday indicator on EURUSD used in My Timing Solution. I am not sure though if it works on mt4. The creator made use of the Astro composite module. It has such a fantastic screenshot.
If you are working with an intraday charts, the technologies that are used here may not work with the intraday charts.
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The only problem I got is I have a hard time setting this up and I don’t know how to start this one. I also heard that the issue here is that their intraday model does not really work forever. Although it’s a fact that nothing ever stays the same as everything changes. But then as we all know there is no such thing as trader’s holy grail.