Indicator request for shading between EMAs | Forex Factory

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Indicator request for shading between EMAs

  • #1
  • First Post: Aug 9, 2010 2:04am Aug 9, 2010 2:04am
hey everyone,

Can somebody please code a very simple indicator for me. It's nothing technical I just want my charts to look more modified for my particular system that revolves around 2 moving averages the 21 ema and the 50 ema.

What I want is to shade the region in between the 2 EMAs with a color of my choice.

I used snag it to edit a chart to let you guys know what I want.

g.
Attached Image (click to enlarge)
Click to Enlarge Name: indi.png Size: 16 KB
I believe . . .
  • #2
  • Aug 9, 2010 2:46am Aug 9, 2010 2:46am
hey ghous...
i think this has been done before.
other similar indicators are named "rainbow/ribbon filled' or something like that.
so, i think u'll have it soon.
  • #3
  • Aug 9, 2010 2:53am Aug 9, 2010 2:53am
hey Ghous

take a look on this, i added parameters for MA period, if you need any other parameter just let me know.
It is working for SMA only, but i can change that.

regards
oromek
Attached File(s)
File Type: mq4 MA_Shade.mq4   2 KB | 2,663 downloads
  • #4
  • Aug 9, 2010 2:58am Aug 9, 2010 2:58am
wow oromek, that was quick!
i think he needs it in EMA.


just in case, here are references [see the related indicators via Attachments]. i got them via the Search tool.
http://www.forexfactory.com/showthread.php?t=243425
http://www.forexfactory.com/showthread.php?t=71075
http://www.forexfactory.com/showthread.php?t=134759
  • #5
  • Aug 9, 2010 2:58am Aug 9, 2010 2:58am
Quoting oromek
hey Ghous

take a look on this, i added parameters for MA period, if you need any other parameter just let me know.
It is working for SMA only, but i can change that.

regards
oromek
hey oromek, thanks a lot for attending my request,


I actually need it to work for EMAs, like I said it's what my system is based on.

g.
I believe . . .
  • #6
  • Aug 9, 2010 3:19am Aug 9, 2010 3:19am
hi

i overlooked that you were writing about EMA, now it is working with EMA.

Space between MA's is always filled with vertical lines, and it depends which Width you set in Colors tab of indicator window, you can see then single lines or solid space. I changed default Width so you should see solid color now.

Let me know if you need anything more, maybe some additional parameters? I'm reading every your mail in J16 thread, and i'm very happy that now i can share something with you.

regards
oromek
Attached File(s)
File Type: mq4 MA_Shade.mq4   2 KB | 1,882 downloads
  • #7
  • Aug 9, 2010 3:22am Aug 9, 2010 3:22am
Quoting supremeChaos
wow oromek, that was quick!
i think he needs it in EMA.


just in case, here are references [see the related indicators via Attachments]. i got them via the Search tool.
http://www.forexfactory.com/showthread.php?t=243425
http://www.forexfactory.com/showthread.php?t=71075
http://www.forexfactory.com/showthread.php?t=134759
because it only takes one M15 candle to code something like this

regards
oromek
  • #8
  • Aug 9, 2010 3:25am Aug 9, 2010 3:25am
Thanks a lot buddy,

here we go, exactly what i wanted!

g.
Attached Image (click to enlarge)
Click to Enlarge Name: done.png Size: 15 KB
I believe . . .
  • #9
  • Edited 3:44am Aug 9, 2010 3:33am | Edited 3:44am
Quoting oromek
because it only takes one M15 candle to code something like this
....
hahaha, as i expected.
good answer, btw!


Quoting oromek
....
Let me know if you need anything more, maybe some additional parameters? ...
maybe u can add the "MA method" parameter (extern int MA_Method ... or something like that) , so it would be easy to swtich from SMA to EMA etc (i know it will only take u M1 or M5 candle to do this, LOL )

good stuff, thanks oromek!
  • #10
  • Aug 9, 2010 3:47am Aug 9, 2010 3:47am
Quoting supremeChaos
hahaha, as i expected.
good answer, btw!



maybe u can add the "MA method" parameter (extern int MA_Method ... or something like that) , so it would be easy to swtich from SMA to EMA etc (i know it will only take u M1 or M5 candle to do this, LOL )

good stuff, thanks oromek!
yes, you're totally right, this change takes exactly M1 candle

now it is possible to choose MA method.
Attached File(s)
File Type: mq4 MA_Shade.mq4   2 KB | 2,532 downloads
  • #11
  • Aug 9, 2010 3:55am Aug 9, 2010 3:55am
LOL.
u killed 2 birds in 1 stone today, oromek.
i got some laughter + got to improve & refresh my (sub-average) coding 'skill'

Thanks again, God bless!
  • #12
  • Aug 9, 2010 9:36pm Aug 9, 2010 9:36pm
I am having a little bit of a problem.

Can you include an option of "draw object as background" in the indi? I cannot use the rectangle tool on top of the shaded region and my entry/tp/sl lines are also hiding behind the shaded region.

g.
I believe . . .
  • #13
  • Aug 10, 2010 5:33pm Aug 10, 2010 5:33pm
Quoting ghous
I am having a little bit of a problem.

Can you include an option of "draw object as background" in the indi? I cannot use the rectangle tool on top of the shaded region and my entry/tp/sl lines are also hiding behind the shaded region.

g.
hey Ghous

your question seems to be very easy at first sight, and should be done with hands down, but i went over mt4 documentation and i dont see any option to put this shaded area to the background.

If any coder that is looking here, has an idea how to put indicator (histogram style) into chart background, i will appreciate any info.

Now to unhide stop level line you have to decrease Width parameter, so you will see single lines, but between them you will also see other things.

I will also think about this, because i'm almost sure it must be possible.

regards
oromek
  • #14
  • Aug 11, 2010 6:16am Aug 11, 2010 6:16am
Try right clicking on the chart, open properties then in the common tab select chart in the foreground. That should work.
It never gets easier, you just get better
  • #15
  • Aug 11, 2010 7:32am Aug 11, 2010 7:32am
Quoting Shabs19
Try right clicking on the chart, open properties then in the common tab select chart in the foreground. That should work.
this option only puts in foreground candles, but bid line or stop level line are still hidden under indicator.

This is funny, when you choose Ichimoku indicator from Custom Indicators and set cloud as solid space, it will behave exactly in the same way like my indicator. But when you choose "Ichimoku Konko Hyo" from Indicators menu it will behave properly - cloud will be placed under bid line or stop level line.
Anybody knows what is the difference between this two? I cannot find source code for "Ichimoku Konko Hyo" within mt4.

regards
oromek
  • #16
  • Aug 13, 2010 3:55am Aug 13, 2010 3:55am
Quoting oromek
this option only puts in foreground candles, but bid line or stop level line are still hidden under indicator.

This is funny, when you choose Ichimoku indicator from Custom Indicators and set cloud as solid space, it will behave exactly in the same way like my indicator. But when you choose "Ichimoku Konko Hyo" from Indicators menu it will behave properly - cloud will be placed under bid line or stop level line.
Anybody knows what is the difference between this two? I cannot find source code for "Ichimoku Konko Hyo" within mt4.

regards
oromek...
I don't know if you have looked at this already, but, the source code for the

Ichimoku Kinko Hyo, MT4 indicator is available in the MQL4 Codebase. The image there shows the bid line behind the candles but it seems to be in front of the clouds (although they have used dashed lines so hard to tell).....
  • #17
  • Edited Apr 9, 2013 5:57am Apr 8, 2013 11:59am | Edited Apr 9, 2013 5:57am
Hello Oromek,

Kindly add an a screen message alert to the shade to alert when price touches/enters the shade. Let it alert once per candle but immediately price touches the shade not waiting for candle close, let it also make future alerts only if price leaves the shade and returns (not alerting for all candles price is in the shade) the screen message should show the currency pair, time frame the ma periods defining the shade

A sound alert will also be an incredible plus

Hope you see this after all these years
  • #18
  • Mar 19, 2015 5:26am Mar 19, 2015 5:26am
HI Guys

My version of Multiple MA's "cloud" drawn using histograms.
Attached File(s)
File Type: mq4 3MA_Cloud.mq4   4 KB | 1,749 downloads


I apply it to a 4H time Frame.

It displays 3 Clouds one for the 1Hour Time Frame, one for the 4H (current) Time Frame and one for the Daily Time Frame.
The Idea is to trade Trend Continuation, but also knowing what the Higher time frame is doing without changing the Chart.

when I apply it to the different currencies I remove the currencies that do not respect the cloud areas.
(If there is cancels that breaks the cloud and goes in between two clouds before continuing with the trend.
This make placing stop-loss difficult.

I also use 2 Zig-Zig indicators for Stop-Loss levels, 1st Zig-Zag 12,5,3 and 2nd Zig-Zag 5,3,3

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 37 KB


Hope someone can use the info
  • #19
  • Aug 31, 2015 9:08am Aug 31, 2015 9:08am
Hi good people,



Please, I am very desperate for someone to help me with this indicator.
Its just for shading between these lines only:
1) wfib125 and wfib25.
2) wfib75 and wfib875.
3) wEH125 and wEH25.
4) wEH75 and wEH875.
5) wEL125 and wEL25.
6) wEL75 and wEL875.

So that the indicator can shade between the purple lines only. Maybe even add an option for shading to be placed anywhere else on the indy by user.
Also, options for individual lines width, style and color to be changable by user would be great.
Please find the indicator attached.
Thank you so much
Attached File(s)
File Type: mq4 TAMA PS91 HOTSPOTS_WEEKLY_V8.mq4   12 KB | 740 downloads
  • #20
  • Mar 3, 2016 9:11pm Mar 3, 2016 9:11pm
Quoting vanwyklm
HI Guys My version of Multiple MA's "cloud" drawn using histograms. {file} I apply it to a 4H time Frame. It displays 3 Clouds one for the 1Hour Time Frame, one for the 4H (current) Time Frame and one for the Daily Time Frame. The Idea is to trade Trend Continuation, but also knowing what the Higher time frame is doing without changing the Chart. when I apply it to the different currencies I remove the currencies that do not respect the cloud areas. (If there is cancels that breaks the cloud and goes in between two clouds before continuing with...
Thanks a lot for your indicator but do you have one of this that just shows 1 not the 3, just like an ichimoku, Thank you
Read in between the price!!!
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