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Combining indicators

  • #1
  • First Post: Jun 16, 2018 4:05am Jun 16, 2018 4:05am
The idea is to filter an indicator by another;

In case there is already a trend going on ; If i take too indicators,
If one of the two indicators indicate a trend, there is still a trend , (up or down) :

First image : LSMA filtering NonLag

Second image : NonLag filtering LSMA

Post your comment and ideas please
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  • #2
  • Jun 16, 2018 4:18am Jun 16, 2018 4:18am
could you share your indicators please ? thanks a lot
  • #3
  • Jun 16, 2018 4:28am Jun 16, 2018 4:28am
Same thing here, the guy indicate a strategy using two indicators which doesn't match

https://www.mql5.com/en/blogs/post/712016

CCI and MACD do not match, CCI is in percent, while MACD is in point.

To use this kind of strattegy the two indicator must either be in point or in percent

CCI, STO, RSI, DE MAKER, MOMENTUM, WILLIAM PERCENT RANGE, can be made to match together.

And the other indicator in point can match together
  • #4
  • Jun 16, 2018 4:29am Jun 16, 2018 4:29am
Quoting ionone
could you share your indicators please ? thanks a lot
Its NonLag V7 and LSMA

It's easy to find on the net
  • #5
  • Jun 16, 2018 5:09am Jun 16, 2018 5:09am
Quoting machine25
Same thing here, the guy indicate a strategy using two indicators which doesn't match https://www.mql5.com/en/blogs/post/712016 CCI and MACD do not match, CCI is in percent, while MACD is in point. To use this kind of strattegy the two indicator must either be in point or in percent CCI, STO, RSI, DE MAKER, MOMENTUM, WILLIAM PERCENT RANGE, can be made to match together. And the other indicator in point can match together
I got similiar idea
William 26 cross over macd Signal

I have tried make macd into 0 to 100 scale,
by calculate the relative point against highest and lowest value
in last 40 bars of macd
The shape of macd flattern, NOT the same from original.

Hope someone can give correct path to go
  • #6
  • Jun 16, 2018 5:56am Jun 16, 2018 5:56am
Hi all,

Wow, i was wondering on someone would make such a thread.

This is how i see things : I trade almost entirely between S/R lines with these rules:

 

  1. Touched S/R line, the ones with H1, H4, D1, W1, MN1 (ignore the red and blue zones, they are there because i don't have alerts on my main S/R indicator)
  2. MACD Divergence
  3. Wait for envelope to change trend
  4. Enter trade
  5. Wait for semafor near S/R line to exit trade (Semafor repaints alot, so i ignore it alot of the time)

So basically enter at envelope (if S/R line touched and MACD div) and exit at semafor if near S/R line, If semafor appears
I could try to enter earlier, without waiting for envelope

I hope i didn't make a mess from this screenshot but there are actually just 3 trades there, with some risky bonus trades that could have been possibly that i did not draw all of them in screenshot.


Edit : Added simplified screenshot

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  • #7
  • Jun 16, 2018 7:00am Jun 16, 2018 7:00am
Quoting cowbearcar
{quote} I have tried make macd into 0 to 100 scale,
That would be a stochastic of MACD,

Put MACD value into a stochastic fonction
  • #8
  • Jun 16, 2018 9:12am Jun 16, 2018 9:12am
Quoting mitzescu
Hi all, Wow, i was wondering on someone would make such a thread. This is how i see things : I trade almost entirely between S/R lines with these rules: Touched S/R line, the ones with H1, H4, D1, W1, MN1 (ignore the red and blue zones, they are there because i don't have alerts on my main S/R indicator) MACD Divergence Wait for envelope to change trend Enter trade Wait for semafor near S/R line to exit trade (Semafor repaints alot, so i ignore it alot of the time) So basically enter at envelope (if S/R line touched and MACD div) and exit at semafor...
For your macd attachment, I would highlight a special way on reverse.
Take a look when macd Signal Crossover macd Histogram
You may get a Zero-lag timing with low confidence.
Especially on correction/rebound against main trend
  • #9
  • Jun 16, 2018 10:11am Jun 16, 2018 10:11am
Quoting cowbearcar
{quote} For your macd attachment, I would highlight a special way on reverse. Take a look when macd Signal Crossover macd Histogram You may get a Zero-lag timing with low confidence. Especially on correction/rebound against main trend
Hi,
i'm ashamed of myself and got say i have no idea what are you talking about. Can you please be a bit more specific?

Thank you!
  • #10
  • Jun 16, 2018 5:42pm Jun 16, 2018 5:42pm
Quoting mitzescu
{quote} Hi, i'm ashamed of myself and got say i have no idea what are you talking about. Can you please be a bit more specific? Thank you!
Standard macd Signal crossover macd histogram.
I wonder this when I was learning macd in first week.
but it is low hit rate, may be need other indicator to confirm
Attached Image
  • #11
  • Jun 16, 2018 7:27pm Jun 16, 2018 7:27pm
Quoting cowbearcar
{quote} Standard macd Signal crossover macd histogram. I wonder this when I was learning macd in first week. but it is low hit rate, may be need other indicator to confirm {image}
Hi,

I've read your message 15 times trying to figure out. I'm sorry cowbearcar, my mind is sometimes not so sharp. You where talking about earlier entry. Usually a second indicator is very good, but not to many or trader gets confused of so many mixed signal. I really like how WPR works. So a combination of MACD and WPR i find it very good, of course with on chart S/R.
I've added the H1 chart and also the D1 and Weekly chart screnshots
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  • #12
  • Jun 16, 2018 8:47pm Jun 16, 2018 8:47pm
Quoting mitzescu
{quote} Hi, I've read your message 15 times trying to figure out. I'm sorry cowbearcar, my mind is sometimes not so sharp. You where talking about earlier entry. Usually a second indicator is very good, but not to many or trader gets confused of so many mixed signal. I really like how WPR works. So a combination of MACD and WPR i find it very good, of course with on chart S/R. I've added the H1 chart and also the D1 and Weekly chart screnshots {image} {image} {image}
Forgive my poor English presentation.

I got many separate window indicator combo on investing.
You can do it yourself, just merge those indicator in same window,
clear to see uptrend and downtrend with list of color show.

Well, I would point out that Good strategy make you fast to know what to do.
Buy on uptrend, Sell on downtrend, Don't trade on sideway.
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  • #13
  • Jun 17, 2018 8:30am Jun 17, 2018 8:30am
Quoting machine25
{quote} That would be a stochastic of MACD, Put MACD value into a stochastic fonction
This can be done whit the new MT4 or MT5, but by someone knowing programmation better than me.
  • #14
  • Jun 17, 2018 8:37am Jun 17, 2018 8:37am
Look this is a stochastic, and this is a donchian channel

So you see what is a stochastic ?
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  • #15
  • Mar 25, 2022 9:38pm Mar 25, 2022 9:38pm
if you have indicators with correct setting (parameters) and buffers i can combine 2 or more indicators in one arrow indicator
  • #16
  • Last Post: Feb 10, 2025 4:38am Feb 10, 2025 4:38am
i want to combine 2 indicators on the same indicator window through mq5 code. can you or anyone hep me do that?
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