Hi, could you please update the attached indi or direct to working equivalent.Thanks, Kiko
Try out this one (some additional changes made to it too - results are the same though) : 1_pip_target_temporary_nmc.mq4
Thanks your clarification, I really was, by some how, expecting your answer since you did not create such indicator during meantime, however, I found your indicator of MACD - composite 2.01.mq4, it is published at 14-03-2013, ofcourse it is not what I thought it is possible in my previous post, even from its name, one may and can understand its alogorism and/or concept.
As I understand (please correct me if I am wrong) the cumulative of several MACDs all together is really very good idea (also I am using xsupertrend as a filter), it works very good with US30 and Gold (right now I am keeping testing in currencies too).
Just I want to ask if there is possibility to make it MTF, also I wonder if the alerts can be added with arrows or lines (lines already there).
The compositing applied in the rsi is not possible to be replicated in MACD - completely different way of calculation and macd can never be done like that.
I do not remember exactly how that "composite macd" was made, but from the set of parameters I can guess that it was a request. Other than that, it is a simply a sum of multiple macd values - nothing even remotely similar to how composite rsi is calculated (and may I say that I am rather proud of composite rsi since the way it is calculated is invented by me)
I can make that macd mtf, but please read the explanation about it. In my mind "compositing" is something completely different than adding up a few values
Yes of course I understand that compositing is completely different than adding up values which I named "accumulating".
Any way, hope you, when have a time to add MTF to the indicator but no rush for that.
MACD - composite 2.01.mq4
Will be done
could you be so kind and add all the typical alerts to this indicator? (email etc.) Thanks for your help!
apart from alerts like email, notification etc. could you also be so kind and check why it alerts two times for a single order?
Here is a version with options for alerts and that does not alert twice (it was alerting twice when the tick came in the same second when the order was opened - that issue is solved) : _alerts_on_new_order_open_-_selectable_sound_1.02.mq4
Here is the multi time frame version of that composite macd : macd_-_composite_2.01_mtf.mq4
PS: made it simpler to use too (new options)