4 Hour Strategy (MACD)

Done.

I couldn't open it either. Fibo, can you send me the working one at "nabil_huda at yahoo dot com"

Thanks.

Why dont you guys download the Winrar or Winzip from the net (it's free) and you'ss be able to open all these Zip or Rar files.

Its not becoz of Zip files. The download stops halfway (I tried several times). Anyways, I got it now. Thanks.

still unsure about GU and EU...lots of trendline resistance and MA's around on EU and GU attempting to break above 4hr TL

AU did close under 21 but reversed to a tight SL of -20

GJ entered on bounce off 21....closed half this morning for +60 the other half still running SL to BE, TP at 132.95

got out of my two trades be this week. hope the next week will show some direction

Hopping to hit target on 0.9917 with long Aussie..

I'm done for the week. 2-1, + 110 pips. Have a great weekend everyone!!!!!!!!

I would like to download this indicator http://www.forexfactory.com/showpost...postcount=3080

But, my laptop won't let me. But, I know how to copy and paste a indicator to my mt4 platform.

If there is a way to paste it here,I would appreciate the help, thanks in advance.

Pipstert2

Try this

Or did you mean the code of the indicator?

Yes,the code.

//+------------------------------------------------------------------+
//| Custom MACD.mq4 |
//+------------------------------------------------------------------+
#property copyright "Copyright 2007, Herb Spirit, Inc."
#property link "http://www.herbspirit.com/mql"

#define INDICATOR_NAME "MACD_Colored"
#define INDICATOR_VERSION "v102"
//---- indicator settings
#property indicator_separate_window
#property indicator_buffers 4
#property indicator_color1 Lime
#property indicator_color2 Red
#property indicator_color3 Yellow
#property indicator_color4 Silver
#property indicator_style4 STYLE_DOT
#property indicator_level1 45
#property indicator_level2 30
#property indicator_level3 15
#property indicator_level4 -15
#property indicator_level5 -30
#property indicator_level6 -45
#property indicator_levelcolor Gray
#property indicator_levelstyle STYLE_DOT
//---- indicator parameters
extern int FastEMA=5;
extern int SlowEMA=13;
extern int SignalSMA=1;
extern double MinDiff=0;
extern int FontSize=8;
extern color FontColor=Silver;
//---- indicator buffers
double MacdBuffer[];
double MacdBufferUp[];
double MacdBufferDn[];
double MacdBufferEq[];
double SignalBuffer[];

//bool firsttime=true;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- drawing settings
SetIndexStyle(0,DRAW_HISTOGRAM);
SetIndexStyle(1,DRAW_HISTOGRAM);
SetIndexStyle(2,DRAW_HISTOGRAM);
SetIndexStyle(3,DRAW_LINE);
SetLevelValue(0,45);
SetLevelValue(1,30);
SetLevelValue(2,15);
SetLevelValue(3,-15);
SetLevelValue(4,-30);
SetLevelValue(5,-45);
SetIndexDrawBegin(1,SignalSMA);
IndicatorDigits(1);
//---- indicator buffers mapping
SetIndexBuffer(0,MacdBufferUp);
SetIndexBuffer(1,MacdBufferDn);
SetIndexBuffer(2,MacdBufferEq);
SetIndexBuffer(3,SignalBuffer);
//---- name for DataWindow and indicator subwindow label
IndicatorShortName(WindowExpertName()+" ("+FastEMA+","+SlowEMA+","+SignalSMA+")");
SetIndexLabel(0,"MACD UP");
SetIndexLabel(1,"MACD DN");
SetIndexLabel(2,"MACD EQ");
SetIndexLabel(3,"Signal");
//---- initialization done
return(0);
}

int deinit()
{
string objname=WindowExpertName()+","+Symbol()+","+Period();
ObjectDelete(objname);
}
//+------------------------------------------------------------------+
//| Moving Averages Convergence/Divergence |
//+------------------------------------------------------------------+
int start()
{
int limit;
int counted_bars=IndicatorCounted();
//---- last counted bar will be recounted
limit=MathMin(Bars-SlowEMA,Bars-counted_bars+1);
// if(!firsttime)
// Print("LIMIT=",limit);
ArrayResize(MacdBuffer,limit);
ArraySetAsSeries(MacdBuffer,true);
//---- macd counted in the 1-st buffer
for(int i=0;i<limit;i++) {
MacdBuffer[i]=(iMA(NULL,0,FastEMA,0,MODE_EMA,PRICE_CLOSE,i)-
iMA(NULL,0,SlowEMA,0,MODE_EMA,PRICE_CLOSE,i))/Point;
}
for(i=limit-2;i>=0;i--)
{
if(MathAbs(MacdBuffer[i]-MacdBuffer[i+1])<MinDiff)
{
MacdBufferEq[i]=MacdBuffer[i];
MacdBufferUp[i]=0;
MacdBufferDn[i]=0;
}
else
{
if(MacdBuffer[i]>MacdBuffer[i+1])
{
MacdBufferUp[i]=MacdBuffer[i];
MacdBufferDn[i]=0;
MacdBufferEq[i]=0;
}
else
{
MacdBufferDn[i]=MacdBuffer[i];
MacdBufferUp[i]=0;
MacdBufferEq[i]=0;
}
}
}
//---- signal line counted in the 2-nd buffer
for(i=0; i<limit; i++)
SignalBuffer[i]=iMAOnArray(MacdBuffer,Bars,SignalSMA,0,MODE_SMA,i);
//---- change color calculation
double priMACD=(iMA(NULL,0,FastEMA,0,MODE_EMA,PRICE_CLOSE,1)-
iMA(NULL,0,SlowEMA,0,MODE_EMA,PRICE_CLOSE,1))/Point;
double close[];
ArrayResize(close,Bars);
ArraySetAsSeries(close,true);
ArrayCopy(close,Close,0,0,ArraySize(close));
double curMACD=(iMAOnArray(close,0,FastEMA,0,MODE_EMA,0)-
iMAOnArray(close,0,SlowEMA,0,MODE_EMA,0))/Point;
// for(int x=0;x<ArraySize(close);x++)
// Print(x,"=",close[x]);
int pips;
// Print("PRI=",priMACD," BUF=",MacdBuffer[1]);
// Print("CUR=",curMACD," BUF=",MacdBuffer[0]);
if(curMACD<priMACD)
{
while(curMACD<priMACD)
{
pips++;
close[0]+=Point;
curMACD=(iMAOnArray(close,0,FastEMA,0,MODE_EMA,0)-
iMAOnArray(close,0,SlowEMA,0,MODE_EMA,0))/Point;
// Print("PIPS=",pips," CLOSE=",close[0]," CUR=",curMACD);
}
}
else
{
while(curMACD>priMACD)
{
pips--;
close[0]-=Point;
curMACD=(iMAOnArray(close,0,FastEMA,0,MODE_EMA,0)-
iMAOnArray(close,0,SlowEMA,0,MODE_EMA,0))/Point;
// Print("PIPS=",pips," CLOSE=",close[0]," CUR=",curMACD);
}
}
// IndicatorShortName(WindowExpertName()+" (Pips "+pips+")");
// Print(WindowExpertName()," ",
// WindowFind(WindowExpertName()+" ("+FastEMA+","+SlowEMA+","+SignalSMA+")"));
string objname=WindowExpertName()+","+Symbol()+","+Period();
if(ObjectFind(objname)<0)
ObjectCreate(objname,OBJ_TEXT,
WindowFind(WindowExpertName()+" ("+FastEMA+","+SlowEMA+","+SignalSMA+")"),
Time[0]+Period()*60,MacdBuffer[0]/2);
else
ObjectMove(objname,0,Time[0]+Period()*60,MacdBuffer[0]/2);

if(pips!=0)
ObjectSetText(objname,DoubleToStr(pips,0),FontSize,"Courier",FontColor);
else
ObjectSetText(objname," ",FontSize,"Courier",FontColor);
//---- done
return(0);
}
//+------------------------------------------------------------------+

Check out the Indicator parameters lines:
extern int FastEMA=5;
extern int SlowEMA=13;
exte.rn int SignalSMA=1;
I changed them to suit my needs. You may want to chenge for standard 12, 26,9 or other values that you usually use.
Take care

Yes, thank you. But I already know the parametes to the MACD. What I really need is the whole code to the Colored Macd.

If there is no way to give me the code, it's fine.

I was just wondering if there was a way to get it with someone copying and pasting it to me, instead of downloading it(Which I can't)

Cheers,

Pipstert.

Hey,
Look 2 posts back - I pasted the entire code of the indicator.

I copyed and pasted it and compiled it. 24 errors. Thanks for your help anyway.

EDIT: Never mind, I found a MACD Colored in the MT4 Indicators library.

Thanks for your help!!!!

i am sorry to ask, should i set up the 4h MAs on 1h charts? i mean the MAs on 4h are still useful on 1h charts?

I use ma's on 4hr and 1hr, but I don't like to use 1hr too much, it's sometimes bad signals.

thank you for you experience shareing . but i just saw some professional guys used these mas on1h chart in this thread. confused lol