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MACD_Colored Indicator for 4 Hour Strategy (300+ Pips per Month)

  • #81
  • Jul 13, 2007 8:40am Jul 13, 2007 8:40am
Quoting irusoh
My modest contribution to MACD strategy.
Great job and great indicator, Thanks a lot and I wish you a million pips !!!
DL
  • #82
  • Jul 19, 2007 10:34pm Jul 19, 2007 10:34pm
Thanks for your work on this indicator--but I have one question that's been nagging at me...what is the number to the end of the macd? Sorry if I have missed the answer to this question somewhere in this post...and thanks again!
pkchilly
  • #83
  • Jul 20, 2007 5:52am Jul 20, 2007 5:52am
The number at the business end of the MacD, is , unless Im wrong , The amount of pips the Curr price has to move to be equal to the previous MacD bar closure. Either up or down.

Hope this helps, Hope im right.
  • #84
  • Jul 20, 2007 7:56am Jul 20, 2007 7:56am
Quoting martaroony
The number at the business end of the MacD, is , unless Im wrong , The amount of pips the Curr price has to move to be equal to the previous MacD bar closure. Either up or down.

Hope this helps, Hope im right.
You are right
  • #85
  • Jul 21, 2007 8:04pm Jul 21, 2007 8:04pm
Tks, that helps...pkchilly
  • #86
  • Jul 23, 2007 9:58am Jul 23, 2007 9:58am
Dears, explain somebody
please popularly, that mean on a screen of the letter and figure. Yours faithfully, Victor


Attached Image (click to enlarge)
Click to Enlarge Name: eurh1.jpg Size: 48 KB
  • #87
  • Jul 23, 2007 10:26am Jul 23, 2007 10:26am
Quoting Victor2
Dears, explain somebody
please popularly, that mean on a screen of the letter and figure. Yours faithfully, Victor


Hi Victor2

Read page 1 post #13 of this thread, the attached word document. You are there all explanations.

Good luck
  • #88
  • Jul 23, 2007 12:44pm Jul 23, 2007 12:44pm
Quoting Forexpupil
Hi Victor2

Read page 1 post #13 of this thread, the attached word document. You are there all explanations.

Good luck
Many thanks. All ОК Yours faithfully Victor
  • #89
  • Jul 24, 2007 2:00pm Jul 24, 2007 2:00pm
Hello!

Is there a new version coming?
Is it okay that to have the latest version put on the first thread so have the first thread with links to all the various versions... so that it is less hassle to search for the indicator for downloading ya...

Thank you!
  • #90
  • Jul 26, 2007 9:03am Jul 26, 2007 9:03am
you are give me an inspiration
your thread is my reference, thank's a lot


Quoting irusoh
I have created a new version of MACD for 4 Hour Strategy
I put it here in separate thread, so maybe it wil be easier to find.

1. I added new parameter MinDiff which if set greater than zero will color yellow those lines which differ from a prior bar by less than a set amount.

2. I added a number that will show at 1st bar. This number tells how many pips up or down price has to go for a bar to change color

Here it is.

Let me know if you have any problems.

This a link to 4 Hour Strategy (300+ Pips per Month)
  • #91
  • Jul 26, 2007 10:15am Jul 26, 2007 10:15am
Where does the MACD get the number at the side? Is it the price diff between the last bar and the bar b4 it or the price diff between the highest price and last bar?
  • #92
  • Aug 5, 2007 8:00am Aug 5, 2007 8:00am
I got 1 question here. hope somebody can help me. From below history image attached there was 1 signal RB(Round Bottom). When we suppose to take an order it is at point A or Point B? I am asking just wounder the RB signal it is keep repainting until point B or it will stick RB just after open price at point A.
http://www.softwarerupar.info/images/doubt.jpg
  • #93
  • Aug 5, 2007 9:17am Aug 5, 2007 9:17am
Quoting mazidah37
I got 1 question here. hope somebody can help me. From below history image attached there was 1 signal RB(Round Bottom). When we suppose to take an order it is at point A or Point B? I am asking just wounder the RB signal it is keep repainting until point B or it will stick RB just after open price at point A.
Round bottom cannot finally form until candle A is finished so it will repaint during A candle, on the other hand towards the of the candle you can try and squeez the order if you are sure that the signal will stay. The number at the right show how many pips it has to retrace to repaint.

Please, direct your questions on PN 300pip strategy to main forum below:
http://www.forexfactory.com/showthread.php?t=14630
  • #94
  • Aug 15, 2007 2:42am Aug 15, 2007 2:42am
Hey I have a quick question for you irusoh,

Back at the start of this thread you spoke about the MinDiff input.

Im currently using 104 the version that Josh dance modified for better intergration into other pairs , but it dosent have a MinDiff input in parameters box.

Was it removed, from the latest version?


Regards Marty.
  • #95
  • Aug 16, 2007 6:19pm Aug 16, 2007 6:19pm
Quoting martaroony
Hey I have a quick question for you irusoh,

Back at the start of this thread you spoke about the MinDiff input.

Im currently using 104 the version that Josh dance modified for better intergration into other pairs , but it dosent have a MinDiff input in parameters box.

Was it removed, from the latest version?


Regards Marty.
Yes, mindiff is zero now. That is as soon as direction change, bar changes color.
  • #96
  • Aug 17, 2007 2:38am Aug 17, 2007 2:38am
Ok, thanks for that irusho.

Regards Marty
  • #97
  • Aug 20, 2007 10:32pm Aug 20, 2007 10:32pm
Hi guys,

Can one of you solve my problem please?

During the news, oftenly spreads expanding like hell, for example, with EUR/USD it could be up to 11 pips...

So it's very dangerous for us to let our EA working unattendly. What I would like to do is to lock the spread to max 2 pips for EUR/USD and set OFF our EA or not working during that expanding spread, then when the spread goes back to normal, as 2 pips, our EA will ON again automatically.

Can anyone help me with the scripts?

Thanks in advance for your kind attention, and I hope it maybe usefull for others as well.
Jodie Forex at its Best
  • #98
  • Aug 21, 2007 1:36am Aug 21, 2007 1:36am
Great Job on this indicator but is there a way to 1. turn off the levels, and 2. Set the signal line to something other than 1. I am simply looking for a traditional MACD of 12,26,9 to show a color change when there is directional change in the histogram and provide an alert.
  • #99
  • Sep 1, 2007 7:24am Sep 1, 2007 7:24am
Hello,
I started coding an indicator based on the colored MACD initially made by irusoh and commonly used for Phil's system. It is a 'quick and dirty' version, i used the code of mladen who made a very good set of indicators for showing an indicator readings on multiple time frames at once. So all credits goes to both you guys, but i think the idea to have all the pairs drawn and checked with just a glance on 1 chart is useful.My problem is that i am just back from summer vacation and time to finish it, is really an issue for me since day job starts on Monday. I am posting it here in case someone would like to 'clean' the code and add the bells and whistles (alarms and abbreviations like irusoh's version) to current code.
I really think it can be a very good help without the constant need to switch charts from pair to pair since it shows most pairs (hard coded into the code for now) on 1 chart only. TF and # of bars is also selectable on this version but things need to be done to bring it to irusoh's version.
Let me know if someone (irusoh maybe ?) can take it from here so we can have it as soon as possible.
Sorry for the double post, the same message was also posted to Phil's main thread, but Palmer suggested to upload it here which was the right place to do that from the beginning.

Regards
Yannis
Attached Image
Attached File(s)
File Type: mq4 #MyMACD.mq4   38 KB | 1,678 downloads
  • #100
  • Sep 3, 2007 3:47am Sep 3, 2007 3:47am
Hey Yannis, thanks for the indicator, Ive played around with it for a sec , and I think it could be usefull depending on how many screens a trader uses to start with , if your limited with desktop, its great , if you use several screens then ,so so.

One thing I did find anoying was not being able to detatch it from the rest of the chart windows, so that it wouldnt half be off the page.

I run MT4 charts with chart shift "on", this means that this indicator spends all its time half off the page . I had a quick look to see if it had its own properties to detatch from chart shift , but not from what I could see.

This is the first thing Iwould alter if I knew how, otherwise a great tool.

Thanks mate. Marty.
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