Download MetaTrader 5

Can anyone make this MACD alert on my 5 min chart if the 30 min mACD crossed?

To add comments, please log in or register
simpletrade
26
simpletrade  

This is a great indicator I found here--it draws arrows if MACD crosses the signal line without drawing the MACD, but can anyone recode it so if I have it on a chart with a faster timeframe than 30 min, it will only alert if a 30 min MACD crossed its signal line even though it isnt on a real 30 min chart?

//+------------------------------------------------------------------+

//| EMA-Crossover_Signal.mq4 |
//| Copyright © 2005, Jason Robinson (jnrtrading) |
//| https://www.mql5.com/go?link=http://www.jnrtading.co.uk/ |
//+------------------------------------------------------------------+
/*
+------------------------------------------------------------------+
| Allows you to enter two ema periods and it will then show you at |
| Which point they crossed over. It is more usful on the shorter |
| periods that get obscured by the bars / candlesticks and when |
| the zoom level is out. Also allows you then to remove the emas |
| from the chart. (emas are initially set at 5 and 6) |
+------------------------------------------------------------------+
*/
#property copyright "Copyright © 2005, Jason Robinson (jnrtrading)"
#property link "jnrtrading.co.uk"
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Blue
#property indicator_color2 Red
double CrossUp[];
double CrossDown[];
extern int fast_ema_signal = 12;//5
extern int slow_ema_signal = 26;//35
extern int signal_period = 9;//10
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0, DRAW_ARROW, EMPTY);
SetIndexArrow(0, 233);
SetIndexBuffer(0, CrossUp);
SetIndexStyle(1, DRAW_ARROW, EMPTY);
SetIndexArrow(1, 234);
SetIndexBuffer(1, CrossDown);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start() {
static datetime dt = 0;
int limit, i, counter;
double fasterEMAnow, slowerEMAnow, fasterEMAprevious, slowerEMAprevious, fasterEMAafter, slowerEMAafter;
double Range, AvgRange;
int counted_bars=IndicatorCounted();
//---- check for possible errors
if(counted_bars<0) return(-1);
//---- last counted bar will be recounted
if(counted_bars>0) counted_bars--;
limit=Bars-counted_bars;

static datetime cDT = 0;
for(i = 0; i <= limit; i++) {

counter=i;
Range=0;
AvgRange=0;
CrossUp = 0; CrossDown = 0;
for (counter=i ;counter<=i+9;counter++)
{
AvgRange=AvgRange+MathAbs(High[counter]-Low[counter]);
}
Range=AvgRange/10;

fasterEMAnow = iMACD(NULL,0,fast_ema_signal,slow_ema_signal,signal_period,PRICE_CLOSE,MODE_MAIN,i);
fasterEMAprevious = iMACD(NULL,0,fast_ema_signal,slow_ema_signal,signal_period,PRICE_CLOSE,MODE_MAIN,i+1);
fasterEMAafter = iMACD(NULL,0,fast_ema_signal,slow_ema_signal,signal_period,PRICE_CLOSE,MODE_MAIN,i-1);
slowerEMAnow = iMACD(NULL,0,fast_ema_signal,slow_ema_signal,signal_period,PRICE_CLOSE,MODE_SIGNAL,i);
slowerEMAprevious = iMACD(NULL,0,fast_ema_signal,slow_ema_signal,signal_period,PRICE_CLOSE,MODE_SIGNAL,i+1);
slowerEMAafter = iMACD(NULL,0,fast_ema_signal,slow_ema_signal,signal_period,PRICE_CLOSE,MODE_SIGNAL,i-1);


if ((fasterEMAnow > slowerEMAnow) && (fasterEMAprevious < slowerEMAprevious)) {
CrossUp = Low - Range*0.5;
if ((i < 2) && (dt != iTime(NULL,0,0)))
{
Print("** Macd Xross up");
PlaySound("Alert2.wav");
dt = iTime(NULL,0,0);
}
}
else if ((fasterEMAnow slowerEMAprevious)) {
CrossDown = High + Range*0.5;
if ((i < 2) && (dt != iTime(NULL,0,0)))
{
Print("** Macd Xross down");
PlaySound("Alert2.wav");
dt = iTime(NULL,0,0);
}
}

}
return(0);
}

To add comments, please log in or register