MACD indicator - page 29

[[Deleted]]

EA for third macd cross

Hi All,

I need some help, I use an EA were it generates a sell when the fast macd crosses the slow macd (when above the 0 line) but now i want an EA that generates a sell when the fast macd crosses slow macd for the second time.

Louis

[fxbs]

macd histo (osma)+ filter (0=ma, 1macd, 2macdsignal) MACD Histogram WIS - MQL4 Code Base

histo>0up+filter up=buy signal (sell prohibited)

histo<0dn+filter dn=sell signal (buy prohibited)

[fxbs]

2macds slope

[fxbs]

macd ave max/min Alpari

[fxbs]

MACD_Allcolored M6 (from osama been mladen)

note_MACD_Types_ = "0-classicMACD(ema) 1ZeroLagMACD 2MACDofCCI 3MACDofMFI 4MACDofMomentum 5MACDofRSI 6MACDofStochastic";

ShowHisto = true;

ShowOSMA = false;

[fxbs]

bb macd

..........

[Jawpip]

MACD with Signal

Hey guys,

Can anyone help me put a signal on this indicator - If possible maybe an arrow or a dot after the MAs cross on the price action chart.

This just the ex4 file, but I found the code here.

oh - and thank you for whoever put this indie together - it has been a huge help.

JAWPIP

[tetobsd]

Hi all,

how can we use MACD to place an order ?

when to buy or when to sell regarding the pattern of MACD.

sory I'm newbie in forex

great thank's

[[Deleted]]

tetobsd:
Hi all,

how can we use MACD to place an order ?

when to buy or when to sell regarding the pattern of MACD.

sory I'm newbie in forex

great thank's

you can use it in many ways:

1-MACD has a center line , which shows zero line.

the trader can buy when SIGNAL LINE cross it in upward move and sell vice.versa

in figure I have showed it with GREEN and ORANGE SIGN.

2-the trader can buy when signal line cross the EMA line in upward move and sell it V.V. I have showed it with RED and BLUE circle.

like the other indicators , you can see divergence and of course hidden divergence on this indicator, and as MACD is a lagging indicator , its signals are very reliable.

some of traders belived that on this indicator you can see classic price pattern , like HEAD & SHOULDERS , TRIANGLES ,.... but it seems not very logiclal idea .

for more informations you can read the GERALD APPEL book , who is the MACD innovator.

Technical Analysis: Power Tools for Active Investors , by gerald appel

the MACD-ON-CHART indicator has been writen by KHASHAYAR TALEBI , and the second belongs to dear mladen .

I attached both of them .

[Otomaru]

macd&rsi:
as MACD is a lagging indicator , its signals are very reliable

How very?

Divergencies are good for daytrading maybe. For 15 min they don't mean a thing.

Otherwise good stuff, well said.