Disliked{quote} Heya Greyfox, I haven't been here in a week (or so) and this looks new. I read through the first post on the first page looking for an update and didn't see an explanation. Care to help me out here? We just need the one indicator now?Ignored
The system is still the same using the MACD indicator set to 3 different settings, what has changed is there is a new indicator located at the bottom of post 1, it is called MTF MACD Signal v1.1.ex4. With this indicator you can replace the 3 MACD's on the chart as this will turn to red or blue depending on whether the signal is long or short. Some users have mentioned a problem with the signal itself so I set it to off. The way I set up my charts I can scan them in less than 2 minutes every 4 hours, daily, or 1 hour depending on which timeframe you trade so no sound alert needed. You can open your charts and tile them however you want, here is the post which shows my setup http://www.forexfactory.com/showthre...63#post6963963 Garfield75 only trades 4 hour and daily so using shorter times is at you own risk. Well ,so is every other time frame.
When I see a setup using the MTF MACD indi I open a new chart and apply the original setup template to the chart as I prefer to see exactly what the different MACD's look like. Each of you will have to decide what is best for your style.
I know you said never-mind in your next post but I didn't see that until I wrote this reply.
Happy trading!
1greyfox