MADdash (Moving Average Distance)

Hi Sir 919gilead,

Just saw your thread last night with honestkave and i started to subscribe to you both. #NewSubcriber yey!
HAHA just found your contents really helpful and dashboards. i have both the cdash and MADdash. Base on your trades here. Did you still use both dashboards to incorporate into this trade? I just tried the MADdash but i think i'm late on how to read the dashboard. i entered a position with a Strong vs Weak pair that is showing on M1 M5 M30 and H1 dashboard. but once i entered the trade. The price reverses and also the dashboard reverses its signal. I think im late in distinguising the currency strength. Can you share how you did that? I really want how you analyze TF with the dashboard and in your system. Can you share the lines also on your chart that looks like auto plot the mini support and resistance.? Thanks in advance. Godbless you and your family. More green pips for your sir!

hi mqltrade,

what's the name of this indicator , if you please !!

hi everybody, is there anyone who has tried to use the maddash for binary options??

hey 911gilead I have a problem ... I signed up for steve hopwoods forum for maddy but maddy says I'm not allowed to download ... how can I solve this problem ...

Hi, Thank you for sharing this really top tool.
I have a development, enhancement question. Would it be possible to add alerts for the following conditions?
1. The derived MA distance of the top trending currency is over a certain number e.g 10.
2. TF1 or (TF1 and TF2) i.e the columns are solid colours

UPDATE:I no longer use that indicator i only use the maddash mini view as i have found it to be more efficient as a stand alone indicator of currency strength and weakness like 919glilead uses

Hi cashgod. Can you share your settings on your MA for better dashboard? I'll be using it as an entry in 5min and 15min chart. Now im into 20SMA. But i dont know if that is too much sensitive.

Hello traders
I would like to ask something concerning the MADdash
I recently started using the dashboard something is confusing me a bit...80% of signals are actually opposite : for example when I get "BUY" signal It actually scalps buy then pullback "SELL"

So I would like to know,when it gives Buy signal do I actually trade opposite signal?

Just read the book of novel price winner daniel kahneman "thinking fast and slow". He wons in economy altougth he s a "psych".
One chapter is the theme "reversal to average".
He describes there that very successfull soccer player which have the most goals trends to have in the next season for example only average or his average..
Thats why MY most strategies are NOT trend instead I choose the "reversal" to the average(In my case to the other extreme) and I m simply more successful than the "trend". But this may be my personal coding or trading problem...

Anyone managed to use simulator where you can actually see the dashboard?

Hi, dear ts!
Could you pls help me with parameters?
For ex, which MA periods and methods do you use for lower and higher TF?

Thank you for good job!

Hi. I'd like to use this in my EA but have looked and can not find the following details:

1) What is the data format returned when calling this indicator using iCustom?
2) Are there any parameters available when calling the indicator?
3) Can someone post the simple 1 line example of a call to this indicator using iCustom...
ie string=iCustom(NULL,0,"MADdash",,1,0);

Thanks!

I have a request for honestknave and am happy to pay for his time and effort if he's willing. The reason for my request is I find mad dash almost a perfect addition to my strategy which uses some fairly basic techniques which I doubt I'm alone in using. There are so many ways in which traders profit from the markets, some from just simple price action among many others. For me though without being too elaborate I have several currency meters and a setup on 6 screens of 1 timeframe and 6 pairs (after an initial view of the big picture early on(pre-trading) the setup uses among other things some mtf moving averages. I've become familiar with how I see the market in relation to the avaeges over time and I use them to gauge how safe or risky a trade is to me and they help with my consistency. Maddash is so versatile and allows me to tune it up something like I'd like allowing me to see across all the pairs what I see on my individual screens which is a lot of information condensed (I find) very concisely. For me day trading requires a lot of thinking and my mind can tire quickly so I've had to find ways to see all the information I'd like in a quick visual way that means something to me and which I can put together easily in my mind without creating confusion to paint the picture of what's going on. The 1 problem I have with maddash is I view the averages in terms of if they are sloping up or sloping down and if price is above or below them so if price crosses down through them but they are still sloping up then the trend is still in play for me. There is a big difference ( I find) in the visual maddash gives me because of that at times and how it effects my reasoning and view of what's going on across the board as that view just takes some noise out of the price for me in my mind. My request is for maddash to stay exactly as it is except for an option to signal red to green if the average turns up and green to red if the average turns down rather than price passing through. I realise that there would be positive readings and a red signal down at times which is also useful giving more information that price is above the ma which is going down.
Maddash is a simple concept but contains a phenominal amount of information if you're used to using the averages in your outlook at a glance. Very useful. Hopefully this will catch honestknaves attention as I like it that much if it doesn't I'lm considering paying someone to code it from scratch. Thought it most sensible to ask here first as there's obviously a lot of time and effort gone into it. Exceptional work.

Thanks

Kindest regards

Andrew

Hi Andrew,

I read and understand you. I am not sure Honestknave will see your message since he only visit FF once in a while and by then other postings may have pushed your message beyond notice. I also know his PM is turned off and therefore you cannot PM him.

Take a look at the MADDY dashboard here whether it serves your purpose, as you can eliminate stale signals and select the lookback period for signals. I am not promoting the SHL site as I rarely visit there again but you will have to register and wait some days before you can download the dashboard. In the alternative, you can also use MADdash to achieve the same thing by adding LTF to whatever TF you use and watch divergence of trend color from the HTFs as this will show either weakness or pullback from the main trend.

Just my one cent

Shalom

George

Thank you George for taking the time to reply and the help/advice offered. I will take a look at the maddy dashboard and was thinking that would probably be the case with Honestknave. I shall give it a little time in the off chance and then find a coder. I probably won't wait long as I'm extremely impressed with maddash and the way it fits into my strategy so well. I just need to smooth it out a little. I know that comes at the cost of later signs but later is ok for me, timing and finding/waiting for the right conditions to allow the timing is more important to me.

If you could recommend a coder for this please do. It's obvious you've been involved in projects and creations. Your help would be much appreciated.

I wish you well with your trading and thanks again.

Kindest regards

Andrew

may i know what indicator did u use for pivot and open line ? thanks

I just finished studying the whole subject. I really thank the 2 key players, first Honestknave, the maker of such a useful indicator, as MADdash , as well as of 919gilead, for his time and for his so flexible and effective strategy.

I have slowly read every post for the past few days. Thanks to the coder for making such excellent dashboard - like a wish come true.

I appeal for non expiring version for the benefit of well behave traders who uses the indicator.

Thank you in advance.

Hi,

Anyone know why all my numeric so huge, image attached.

Please advise.

Thank you

Ive registered. But my acc has been blocked