Color MACD Histogram | Forex Factory

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Color MACD Histogram

  • #1
  • First Post: Feb 26, 2007 10:18am Feb 26, 2007 10:18am
Hello Forexers!

I was wondering if anybody knew of an MACD indicator that included color in it's histogram. Basically what I need is that if MACD is above zero, a histogram bar is one color if it is higher than or equal to the previous bar (blue?), and another color if it is lower than the previous bar (red?)... vice versa for when the MACD is below zero of course.

Any help would be appreciated!

Thanks,

Daemien
  • #2
  • Feb 26, 2007 10:38am Feb 26, 2007 10:38am
How's this?
Attached File(s)
File Type: mq4 G#MACD_M30.mq4   4 KB | 12,287 downloads
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #3
  • Feb 26, 2007 10:58pm Feb 26, 2007 10:58pm
Hi Matrix!

Thanks for the file! I took a look at it - looks interesting but not quite what I need

Basically I am looking for an MACD that shows different colors in the Histogram area (the bars going up and down) depending on whether they are higher or lower than the previous bar. With the right settings I find the MACD is quite good at picking exits with optimal pips - a lot of trends are a nice smooth curve up and then down as the momentum peters out (like a hill). For a Long trade, I am looking for the first declining bar in the MACD histogram to take my exit (daily chart). It would be much easier visually if the bar was one color as it decreased, & another if it is increasing.

Another option would be to modify the existing MACD to include the code...

If ([bar that just closed] >= [previous bar]) then color[bar that just closed] = blue
If ([bar that just closed] < [previous bar]) then color[bar that just closed] = red

Not a clue how to actually program this hehe...

Anybody??

Anyways, thanks again & happy trading!!

D.

Quoting matrixebiz
How's this?
  • #4
  • Jan 11, 2011 6:40am Jan 11, 2011 6:40am
Quoting Harrison
try this..

(i take no credits from this indicator.. i just edited some code inside it..)
No offense, but just thought I'd point out that the poster you're replying to hasn't visited the forum since July 2009. His post is almost 4 years old.

Nonetheless, hopefully others will find your changes helpful.
  • #5
  • Sep 20, 2011 8:41am Sep 20, 2011 8:41am
yes it helped me,
some threads never gets to old
Bulls are stupid Animals!especially when Im short!
  • #6
  • Dec 8, 2011 12:05am Dec 8, 2011 12:05am
Does anyone have a histogram indicator that has the actual MACD histogram? The one shared above (the upper one in the pic) is just crappy old MT4 MACD, not a true histogram. I'm looking for a true MACD histogram indicator where rising values are one color and falling values are another, not just "above zero is green, below, red".

I'll give a moon pie and an RC Cola to anyone who can help me. LOL

http://i1185.photobucket.com/albums/...Forex/MACD.png
Get money, don't let money get you. @kauaiforex
  • #7
  • Dec 9, 2011 11:57pm Dec 9, 2011 11:57pm
Quoting NoJobRob
Does anyone have a histogram indicator that has the actual MACD histogram? The one shared above (the upper one in the pic) is just crappy old MT4 MACD, not a true histogram. I'm looking for a true MACD histogram indicator where rising values are one color and falling values are another, not just "above zero is green, below, red".

I'll give a moon pie and an RC Cola to anyone who can help me. LOL

http://i1185.photobucket.com/albums/...Forex/MACD.png
Google "forex-indicators MACD" and the first link will lead you there.
  • #8
  • Dec 10, 2011 4:09am Dec 10, 2011 4:09am
Try this one:
Attached File(s)
File Type: mq4 MACD 2Line.mq4   2 KB | 12,522 downloads
It never gets easier, you just get better
  • #9
  • Dec 10, 2011 5:01am Dec 10, 2011 5:01am
I have seen exactly the one you describe but it's only working with fxcms trading station, not MT4,
I searched for one to MT4 before but so far no luck, I think it doesn't exist
Bulls are stupid Animals!especially when Im short!
  • #10
  • Dec 10, 2011 5:13am Dec 10, 2011 5:13am
Hi all ,

Please see picture : is it this one do you want ?



Regards.
Attached Image (click to enlarge)
Click to Enlarge Name: macd arrow.gif Size: 16 KB
KISS&V :Keep it simple safe & visual
  • #11
  • Dec 10, 2011 5:15am Dec 10, 2011 5:15am
Quoting Sohocool
Hi all ,

Please see picture : is it this one do you want ?



Regards.
that would be it can you post it?
if you do you get a moon pie and an RC Cola from NoJobRob
Bulls are stupid Animals!especially when Im short!
  • #12
  • Dec 10, 2011 5:19am Dec 10, 2011 5:19am
Hi

I don't understand ,because for me the Macd reset is all right.

Regards.
Attached File(s)
File Type: mq4 MACD reset.mq4   4 KB | 10,703 downloads
KISS&V :Keep it simple safe & visual
  • #13
  • Dec 10, 2011 5:23am Dec 10, 2011 5:23am
looks ok to me,
thanks for sharing!
sorry for missing it before
you are the man
Bulls are stupid Animals!especially when Im short!
  • #14
  • Dec 10, 2011 8:10pm Dec 10, 2011 8:10pm
Quoting Sohocool
Hi

I don't understand ,because for me the Macd reset is all right.

Regards.
That's the one. I guess I didn't investigate the MACD Reset thoroughly enough. I had to change it to 12,26,9 instead of 12,26,0.

Top is MACD Reset, bottom is something like MACD_Color_Hist_Alert or something of the sort...

http://i1185.photobucket.com/albums/...rex/MACD-1.png

PM me your address and I'll FedEx you that RC Cola and the moon pie. LOL
Get money, don't let money get you. @kauaiforex
  • #15
  • Jan 19, 2012 10:22am Jan 19, 2012 10:22am
Hello Nojobrob & traders

I am looking for (single line) MACD.
I got one (middle MACD) but unable to change the colors.
Also got one (bottom MACD) but can't remove the numbers and letters.
Your one (top MACD) I think it suits me.
Do you care to share?
Or anyone has it, pls. share?
Thank you for your time.
Cheers
Attached Images
  • #16
  • Nov 2, 2012 12:07pm Nov 2, 2012 12:07pm
@NoJobRob, could post the link to the Macd at the bottom. i would really appreciate it
  • #17
  • Nov 3, 2012 2:09am Nov 3, 2012 2:09am
Quoting bernardinho
@NoJobRob, could post the link to the Macd at the bottom. i would really appreciate it
Here ya go.

The bottom one is my favorite. It has a lot of custom settings including MTF and the ability to have falling histogram values one color and rising another, as apposed to just one color for positive and one for negative.
Attached File(s)
File Type: mq4 MACD_ColorHist_Alert 12 26 9 LA .mq4   5 KB | 11,068 downloads
File Type: mq4 Custom_MACD.mq4   9 KB | 11,315 downloads
Get money, don't let money get you. @kauaiforex
  • #18
  • Nov 3, 2012 6:14am Nov 3, 2012 6:14am
Thanks
  • #19
  • Sep 14, 2014 5:41pm Sep 14, 2014 5:41pm
Hi I can see this thread is somewhat old now but I cant start a new thread. I have a MACD indicator which does all that was mentioned in the original post but I would also like the signal line to change colour according to its direction, can anyone with this one please?

Many Thanks
  • #20
  • Apr 29, 2015 5:42pm Apr 29, 2015 5:42pm
Quoting 613Trader
Hi I can see this thread is somewhat old now but I cant start a new thread. I have a MACD indicator which does all that was mentioned in the original post but I would also like the signal line to change colour according to its direction, can anyone with this one please? Many Thanks
Hi.

Can you share your indicator in FF.com?

Thanks.
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