Zigzag indicators - page 37

Mladen Rakic
135705
Mladen Rakic  

...

yoppy

First of all, in my opinion divergence is a highly subjective term. What a man can spot with no problem, a computer can not (since computer is not able to generalize) Our eye is able to see divergence even on a first glance when there is no way how the troughs can be matched normally with computer (first of all there is a matter of choosing what is forming the divergence, ... )

Second, the nature of divergence is to lag, so it is a lagging thing. Maybe that is why they look so good when drawn on chart : they can not be spotted at run-time but only after the fact

yoppy:
Hello..Mr Mladen

what if there is divergency, I hope you can give a mark in zig zag.......

Thank you...
lightwind_99
42
lightwind_99  

Mladen,

I'm, wondering is it possible regarding the Zigzag of macd utilizes KAMA (kauffman) or other adaptive moving averages? Seems to me the regular MA's on low settings are highly sensitive giving wavy patterns on the MACD which leads to alot of invalid signals. Turning the settings higher on the other hand leads to lag. Kauffman seems to be optimal on MACD, may filter the trend and likewise gives a clearer onset of convergence and divergence. this is just a thought

tampa
2047
tampa  

VR figura indicator

Files:
vr.gif 21 kb
Le Cuong
79
Le Cuong  
tampa:
VR figura indicator

How can to use ??? TKS !

macerina
161
macerina  
tampa:
VR figura indicator

Tampa any idea on how to use this

macerina
161
macerina  
mladen:
Interesting idea

Here is a regular ZigZag in which price is replaced with macd values (it does what you ar looking for)

https://c.mql5.com/forextsd/forum/104/zigzag_of_macd.mq4

Is there a possibility to make this as histogram ...

Thanks

macerina
161
macerina  

MrTools Is there a possibility to convert this to a histogram

https://c.mql5.com/forextsd/forum/104/zigzag_of_macd.mq4

MrTools Is there a possibility to convert this to a histogram ...

Thanks

William Snyder
9473
William Snyder  
macerina:
https://c.mql5.com/forextsd/forum/104/zigzag_of_macd.mq4

MrTools Is there a possibility to convert this to a histogram ...

Thanks

Macerina, made the macd into histogram

ps) added a 2 color version

William Snyder
9473
William Snyder  

Just for information to those who downloaded already the histo version, in case your interested added a 2 color version just now.

macerina
161
macerina  
mrtools:
Just for information to those who downloaded already the histo version, in case your interested added a 2 color version just now.

Thank you Mr tools the indi looks a lot better now