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MACD Risk System

  • #61
  • Jan 24, 2011 5:07am Jan 24, 2011 5:07am
Quoting SkyStriker
9 signal sma or MA?
I mean the signal line. I have set it to 9 but no signal line

http://my.jetscreenshot.com/4962/m_2...-rwfb-95kb.jpg
  • #62
  • Jan 24, 2011 6:17pm Jan 24, 2011 6:17pm
Quoting darksorrow
I mean the signal line. I have set it to 9 but no signal line

http://my.jetscreenshot.com/4962/m_2...-rwfb-95kb.jpg
signal line is not included
Theres a smoother and it have nothing to do with signal line
  • #63
  • Jan 25, 2011 11:05am Jan 25, 2011 11:05am
Thank you very much.
This is simply just the best tuned macd that i've ever seen.
Very easy to master the s/r, pullbacks and breakouts.
Thanking you again for sharing with us this wonderful indi.

azlan1

http://img26.imageshack.us/img26/6827/20563728.jpg

p.s i wonder if u would be kind enough to fine tune the fx5 divergence indi?
i'm very sure that it will complement this macd on hiliting reversals.
thanking you in advance,

azlan1
Attached File(s)
File Type: mq4 FX5_Divergence_v1.1.mq4   13 KB | 539 downloads
  • #64
  • Jan 26, 2011 1:17am Jan 26, 2011 1:17am
Quoting azlan1
Thank you very much.
This is simply just the best tuned macd that i've ever seen.
Very easy to master the s/r, pullbacks and breakouts.
Thanking you again for sharing with us this wonderful indi.

azlan1

http://img26.imageshack.us/img26/6827/20563728.jpg

p.s i wonder if u would be kind enough to fine tune the fx5 divergence indi?
i'm very sure that it will complement this macd on hiliting reversals.
thanking you in advance,

azlan1
Hi,
I dont get what do you want?!?!
  • #65
  • Jan 26, 2011 5:24pm Jan 26, 2011 5:24pm
Quoting SkyStriker
Hi,
I dont get what do you want?!?!
Thanks for replying.

your macd is much better than the original because u make adjustment to it. i am using your indi in my live trades, and the results are very good,
thanks to you.

my request:
could u have a look at the fx5 divergence indi that i posted above,
and make adjustment to it, so that it will give better signals.


thanking you in advance

azlan1
  • #66
  • Jan 26, 2011 5:56pm Jan 26, 2011 5:56pm
Hi Sky,
thanks for sharing.
Your macd variation is interesting indeed..
So I've decide to code a "clone" for JForex as I trade with dukas.
Both indicators (Meta and Jforex) acting the same so I assume the
indicator I wrote is correct

Attached screenshot and indi (zipped file).

Best,
Indiana
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_EUR_USD_4 Hours_snapshot.png Size: 18 KB
Attached File(s)
File Type: zip MacdRiskie.zip   12 KB | 758 downloads
  • #67
  • Jan 27, 2011 12:36am Jan 27, 2011 12:36am
Quoting azlan1
Thanks for replying.

your macd is much better than the original because u make adjustment to it. i am using your indi in my live trades, and the results are very good,
thanks to you.

my request:
could u have a look at the fx5 divergence indi that i posted above,
and make adjustment to it, so that it will give better signals.


thanking you in advance

azlan1
Hi,
I have done what i can.
I need someone to edit the code and make it to show the divergence lines.
In order to make all the lines that the fx5 divergence show i will need a week and I dont have that free time.
So i hope that i ahve helped
Have a very profitable week

SkyStriker
  • #68
  • Jan 27, 2011 12:40am Jan 27, 2011 12:40am
Quoting Indiana Pips
Hi Sky,
thanks for sharing.
Your macd variation is interesting indeed..
So I've decide to code a "clone" for JForex as I trade with dukas.
Both indicators (Meta and Jforex) acting the same so I assume the
indicator I wrote is correct

Attached screenshot and indi (zipped file).

Best,
Indiana
Hi,
Thank you for your work.
I dont use Jforex,but I will upload your files to the first page and if someone need it he can download the files from there.

If you trade with this indicator can you upload your results.

SkyStriker
  • #69
  • Jan 27, 2011 2:26am Jan 27, 2011 2:26am
we need volunteers to scan daily charts for alst 3 years for various pairs and log the trade results using this. take first instance to enter. or take every instance to enter.

there is no point in just reading and loading the charts. to trade this, we need to test, test and get confidence. on daily, it should not take much time to do this.

long when crossing zero from bottom and green. exit on first red. short on crossing zero from top and red. exit at first green

another variation. above zero, enter at green exit at red. all instances. same thing on sell side
  • #70
  • Jan 27, 2011 2:59am Jan 27, 2011 2:59am
Quoting roundrock
we need volunteers to scan daily charts for alst 3 years for various pairs and log the trade results using this....
The lot size can be more then the one used on standard MACD 0 cross.
  • #71
  • Jan 27, 2011 3:57am Jan 27, 2011 3:57am
Does anyone know how late the divergence signal is posted ie close of actual bar, or the next bar or the one after that???
  • #72
  • Feb 4, 2011 4:55am Feb 4, 2011 4:55am
Hi Sky
Whilst not using the macd risk as you do here just wanted to thank you for this indi. Its almost got me going back to trading with an indi (and I never thought I'd do that).
Anyway I'm using 5 15 instead of 12 26 and basically looking at 1hr, 15 and 5 min following 3 time frames all red, all green for trades. 5 min higher lows and lower highs for entry. Anyway nothing to do with this thread but cheers all the same.
  • #73
  • Feb 4, 2011 5:27am Feb 4, 2011 5:27am
Hei Sky.
Finally got some time to spare..
So I wrote a strategy for JForex and did a backtest with Dukas data of course (high accuracy).
The strategy follows strictly you rules (form the first post),
MACD settings 12,26

EURUSD from 2008-01-01 till now .
Fixed lot size = 10.000 units (0.1 lots Metatrader)
It netted 4900 pips

When I'll have some free time I'll try backtest different pairs..
Attached strategy report and an image of visual backtest in action..

Best,
Indiana
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_EUR_USD_Daily_snapshot.png Size: 85 KB
Attached File(s)
File Type: pdf macdrisk_strategy.pdf   112 KB | 871 downloads
  • #74
  • Feb 8, 2011 1:35pm Feb 8, 2011 1:35pm
Quoting Indiana Pips
Hei Sky.
Finally got some time to spare..
So I wrote a strategy for JForex and did a backtest with Dukas data of course (high accuracy).
The strategy follows strictly you rules (form the first post),
MACD settings 12,26

EURUSD from 2008-01-01 till now .
Fixed lot size = 10.000 units (0.1 lots Metatrader)
It netted 4900 pips

When I'll have some free time I'll try backtest different pairs..
Attached strategy report and an image of visual backtest in action..

Best,
Indiana
Thats good,but what is the ratio win/lose
Try it with 10% risk
  • #75
  • Feb 9, 2011 12:06pm Feb 9, 2011 12:06pm
Thank you, SkyStriker. I'm using your indicator and the result is good.
  • #76
  • Feb 11, 2011 8:01pm Feb 11, 2011 8:01pm
Quoting Kouen
Thank you, SkyStriker. I'm using your indicator and the result is good.
I have turn my back on this indicator,but it was a base point for the new one.
Some of you have found my email...thanks for the good words.
The new indicator will be ready soon...
I am attaching a EA test of the NEW indicator (H1 from 02.2010 to 02.2011).
Attached File(s)
File Type: zip MAT5 Beta Risk.zip   21 KB | 722 downloads
  • #77
  • Feb 15, 2011 9:03am Feb 15, 2011 9:03am
Hello, I have some question about MACD chance

I want to know how to use it. I mean what does it tells?

for example, if it -50 is that mean it very strong downtrend?

or 30 is mean strong uptrend?

I hope you understand my question and thank you for the answer
  • #78
  • Feb 15, 2011 7:52pm Feb 15, 2011 7:52pm
Quoting alphatio
Hello, I have some question about MACD chance

I want to know how to use it. I mean what does it tells?

for example, if it -50 is that mean it very strong downtrend?

or 30 is mean strong uptrend?

I hope you understand my question and thank you for the answer
Hi,MACD CHANCE is a trend channel.
If the MACD is at 0 that means that the channel is at equilibrium. 50/50 chance to break the trend or to continue trending.
If it is at -50 that means that the price has broke the channel and the momentum is down.
+50 the trend is up and the chance is in your favor.

Over 0 uptrend below 0 downtrend momentum.
  • #79
  • Feb 16, 2011 4:50am Feb 16, 2011 4:50am
so conclusion is

if I want to buy MACD and MACD chance have to be >0
but to sell have to be <0

and if I already in buy position and MACD chance is negative, it means the momentum is not in my favor.


sorry for my confusing, and thanks again for good indi
  • #80
  • Feb 23, 2011 3:32am Feb 23, 2011 3:32am
Quoting alphatio
so conclusion is

if I want to buy MACD and MACD chance have to be >0
but to sell have to be <0

and if I already in buy position and MACD chance is negative, it means the momentum is not in my favor.


sorry for my confusing, and thanks again for good indi
MACD RISK is a simple MACD and the MACD CHANCE in one
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