You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
MACD Histo
Try this winner246
macd_histo.mq4
Another MACD histo for winner246
Hi winner246
I am attaching my favorite version of the MACD OsMA. When the MACD is rising the histogram bar is blue (or green or whatever color you want) and when the MACD is declining the bar is pink (or red or whatever you want). When the MACD is rising or flat and above zero and histogram is getting smaller the bar is yellow (or whatever you want) and when the MACD is declining or flat and below zero and the histogram is getting smaller, again the bar is yellow (or whatever you want). I find this gives info about both momentum and trend and possible declines and changes of direction. It also has a histogram multiplier for better clarity.
Good luck,
gcg
macd_osma_v3.2.mq4
Macd histo
Hello cja and gcgman,
thank you very much for your kind contribution
metastock code ?
Dear Mladen;
MACD colored + dema.mq4 indicator properties
Fast EMA:
Slow EMA
Signal EMA:
Price Type:
Show Histo:
Show OSMA:
MACD Type:
What is the MetaStock code for these features?
could you please write the metastock code?
katastrof78
the first 4 parameters are standard for every MACD (except in metastock you specify price, not price type). As of the rest, they are custom to that indicator and I am not aware that there is a MetaStock equvalent (especially when it comes to how the values are actually drawn (drawing style specified from code) since metastock treats that quite differently than metatrader, tradestation and some others for example)
Dear Mladen;
MACD colored + dema.mq4 indicator properties
Fast EMA:
Slow EMA
Signal EMA:
Price Type:
Show Histo:
Show OSMA:
MACD Type:
What is the MetaStock code for these features?
could you please write the metastock code?Mt 4 macd histogram set at ( 1 - 20 - 1 ) making higher highs
HELLO MLADEN, CJA, GCGMAN,
I think this picture should point out what i was trying to explain ;
(1) Use ONLY MT 4 MACD
(2) the signal line MUST always be set to 1 e.g MACD 1 - 20 - 1 or MACD 12 - 26 - 1, etc
(3) a particular UPTREND BEGINS once MACD HISTO crosses ABOVE the 0 line, and this particular uptrend ENDS once MACD HISTO cross BELOW the 0 line
(4) once MACD histo crosses ABOVE the 0 line, the FIRST HISTO BAR ABOVE the 0 line would always the 1st GREEN COLOR SIGNAL BAR of any uptrend
(5) the 2nd GREEN BAR must SLOPE UPWARD and it must be of HIGHER HEIGHT THAN the 1st green bar
(6) the 3rd GREEN BAR must SLOPE UP WARD and it must be of HIGHER HEIGHT THAN the 1st and 2nd green bars
(7) this rule will continue to serve as basis for the subsequent green bars UNTIL the MACD Histo reverses BELOW the 0 line which marks the END of that particular uptrend ( and also marks the beginning of a Downtrend )
The attached chart is a GBP/JPY ON 1 HR from late JAN 9th ,into JAN 10th and early hours of JAN11th
THANKS FOR YOUR KIND CONTRIBUTIONS.
Please , answer to my post , thanks in advance
Riksha
There is much simpler way : take FX5s macd divergence indicator and simply replace a call to iMACD() wit a call to a MACD All Averages. That way you have FX5 divergence coding and it will use values from the indicator you like
Mladen , could you add a feature of divergence / convergence indicator Macd All Averages 004?
Mladen , thanks for the quick response , but I do not understand the programming. Сould you do this? Wish you a Happy New Year to the old .
Riksha
Here you go : FX5 diveregence indicator made to use MACD all averages (the one attached to this post too) instead of regular MACD. For types of everages used in MACD AllAverages here is a list from the source code
__________________________________________________________
MA_Method= 0: SMA - Simple Moving Average
MA_Method= 1: EMA - Exponential Moving Average
MA_Method= 2: Wilder - Wilder Exponential Moving Average
MA_Method= 3: LWMA - Linear Weighted Moving Average
MA_Method= 4: SineWMA - Sine Weighted Moving Average
MA_Method= 5: TriMA - Triangular Moving Average
MA_Method= 6: LSMA - Least Square Moving Average (or EPMA, Linear Regression Line)
MA_Method= 7: SMMA - Smoothed Moving Average
MA_Method= 8: HMA - Hull Moving Average by Alan Hull
MA_Method= 9: ZeroLagEMA - Zero-Lag Exponential Moving Average
MA_Method=10: DEMA - Double Exponential Moving Average by Patrick Mulloy
MA_Method=11: T3 - T3 by T.Tillson
MA_Method=12: ITrend - Instantaneous Trendline by J.Ehlers
MA_Method=13: Median - Moving Median
MA_Method=14: GeoMean - Geometric Mean
MA_Method=15: REMA - Regularized EMA by Chris Satchwell
MA_Method=16: ILRS - Integral of Linear Regression Slope
MA_Method=17: IE/2 - Combination of LSMA and ILRS
MA_Method=18: TriMAgen - Triangular Moving Average generalized by J.Ehlers
MA_Method=19: VWMA - Volume Weighted Moving Average
__________________________________________________________
Mladen , thanks for the quick response , but I do not understand the programming. Сould you do this? Wish you a Happy New Year to the old .