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Attachments: MACDForest + Directional Movement System in MetaTrader
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MACDForest + Directional Movement System in MetaTrader

  • Post #1
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  • First Post: Jan 7, 2010 4:42pm Jan 7, 2010 4:42pm
  •  semelak1
  • | Joined Jan 2010 | Status: Member | 16 Posts
I am trying to find a way to add the following two indicators to my charts in MetaTrader with no luck so far. Both indicators are available with FX AccuCharts. Any help would be greatly appreciated.

MACDForest
Directional Movement System

Any idea where I can find these two indicators and add them to metatrader ?
Your help is very much appreciated
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  • Post #2
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  • Edited at 5:58am Jan 8, 2010 5:57am | Edited at 5:58am
  •  Shabs19
  • Joined Aug 2006 | Status: Member | 3,091 Posts
The MACD forest looks like a MACD Histogram only, you can use the standard one in MT4, just change the colour of the signal line to none and change the colour & thickness of Line of the Histogram.

The other indicator is called "Average Directional movement Index" in MT4 and is found in the indicators folder. Again you can change colours & line thicknesses.
Follow the Money
 
 
  • Post #3
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  • Jan 8, 2010 8:19am Jan 8, 2010 8:19am
  •  semelak1
  • | Joined Jan 2010 | Status: Member | 16 Posts
The MACDForest seems to me more sensitive than the MACD histogram. They don't seem to give the same result.
 
 
  • Post #4
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  • Jan 8, 2010 9:09am Jan 8, 2010 9:09am
  •  Shabs19
  • Joined Aug 2006 | Status: Member | 3,091 Posts
That depends on what settings you use, the standard is 12,26,9 but by changing these you can make it faster
Follow the Money
 
 
  • Post #5
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  • Jan 8, 2010 1:05pm Jan 8, 2010 1:05pm
  •  semelak1
  • | Joined Jan 2010 | Status: Member | 16 Posts
Thank you very much for your help.
One more question, I searched for a momentum histogram indicator in metarader similar to the one shown in the above picture but couldn't find one. Any idea where I can find it ?
 
 
  • Post #6
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  • Last Post: Jan 9, 2010 8:15am Jan 9, 2010 8:15am
  •  semelak1
  • | Joined Jan 2010 | Status: Member | 16 Posts
I am looking for a momentum histogram indicator in Metarader similar to the one shown in the above picture but couldn't find one. Any idea where I can find it ?
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