MACD Histogram, multi-color:
A MACD indicator with histogram to show the difference between the MACD and Signal lines.
For the calculation of the MACD line you can choose from the usual price types. For the calculation of the Signal line yo can choose between SMA or EMA. The histogram can be switched between single and multi-color.
I keep on getting the following error
"can't open "C:\Program Files\MetaTrader 5\MQL5\Indicators\Examples\MACD_Histogram_MC.ex5" output expert file (2) 0 0
EX5 write error 1 1 "
I'm assuming I'm the only one who is getting this error as no1 else has commented on this.
Please let me know how I can fix it.
I guess you copied the MACD_Histogram_MC.mq5 file in "C:\Program Files\MetaTrader 5\MQL5\Indicators\Examples\". It's not a good directory.
Your problem is an UAC issue, you can resolve it by following this procedure:
Expert Advisors: Renko Line Break vs RSI EA
angevoyageur, 2013.08.19 11:12
You can now run the EA.
Brilliant works perfectly.
Thank You for your excellent assistance
By comparing EMAs of different lengths the MACD can help to identify
subtle changes in the trend and momentum of a security. It is a great
visual representation of the acceleration or rate of change in a trend.
How to Calculate a MACD
Hi is there a version for MTL4 ? thanks.
Thank you for the Traditional MACD and I like it very much. I have a problem though that I can't figure out. For some reasons, after a while, the MACD and the Signal lines separate from each other. Then I double click on the indicator; the MACD Histogram window pops up and I click OK. Then, everything goes back to normal; the lines cross as they supposed to. I had no problem installing the file. Actually, I just double clicked on it and it installed itself into Navigator/Indicators/Markets folder. I would appreciate your opinion about the problem. Thanks again.
Hello, gentlemen, how are you?
I'm getting a 4802 error (cannot load custom indicator 'MQL5\Indicators\macd_histogram_mc'. I presume it is in the right directory. See image below.
However I'm not certain about the parameters (and their values) to pass on. Could anybody provide with a typical complete example?
int CustomInd_ControlPanel = iCustom(_Symbol, _Period,"\\MQL5\\Indicators\\macd_histogram_mc");
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