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MADdash (Moving Average Distance)

  • #181
  • Jun 27, 2015 7:37am Jun 27, 2015 7:37am
Nice thread
  • #182
  • Jun 27, 2015 7:51am Jun 27, 2015 7:51am
Hi honestknave, 919gilead and everyone

Thank you for this masterpiece

I have configured my copy to monitor high timeframes and it looks promising!

My experience on installing the dash:
- my broker has dotted and non-dotted pairs and MADdash fails to identify the dotted AUDCAD pair so I installed it on a demo acc broker
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 45 KB


Here is my high timeframes settings:
Attached Image (click to enlarge)
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  • #183
  • Jun 27, 2015 9:02am Jun 27, 2015 9:02am
Quoting Karpa
Hi honestknave, 919gilead and everyone Thank you for this masterpiece I have configured my copy to monitor high timeframes and it looks promising! My experience on installing the dash: - my broker has dotted and non-dotted pairs and MADdash fails to identify the dotted AUDCAD pair so I installed it on a demo acc broker {image} Here is my high timeframes settings: {image}
Thank you Karpa, this is exactly what I wanted to see for Higher TFs.
Thanks to HonestKnave and 919gilead for this indicator.
A pip is only worth it if you know how much you risked to earn it
  • #184
  • Jun 27, 2015 9:32am Jun 27, 2015 9:32am
Quoting vlady1974
{quote} Thank you Karpa, this is exactly what I wanted to see for Higher TFs. Thanks to HonestKnave and 919gilead for this indicator.
Thanks for your feedback vlady
I've been using 200 ema for quite some time and I think the dashboards' numbers will translate to me as mental pictures of the charts, that's why all TF have the same 200 ema
  • #185
  • Jun 27, 2015 9:55am Jun 27, 2015 9:55am
Well that was shortlived. I downloaded it and installed it (in Indicators not EA) but my broker (IGIndex) doesn't have NZDCAD.
The indicator doesn't load
A pip is only worth it if you know how much you risked to earn it
  • #186
  • Jun 27, 2015 10:01am Jun 27, 2015 10:01am
Quoting Karpa
{quote} Thanks for your feedback vlady I've been using 200 ema for quite some time and I think the dashboards' numbers will translate to me as mental pictures of the charts, that's why all TF have the same 200 ema
Indeed! I want to actually apply it to two baskets of ema's: 50,100,200 for the Long Term and 3,6,18 for the Short Term
A pip is only worth it if you know how much you risked to earn it
  • #187
  • Jun 27, 2015 10:30am Jun 27, 2015 10:30am
Quoting vlady1974
Well that was shortlived. I downloaded it and installed it (in Indicators not EA) but my broker (IGIndex) doesn't have NZDCAD. The indicator doesn't load
I've solved this for now by using a standard Metatrader install and demo account for the datafeed - but obviously the data isnt the same as a broker's
A pip is only worth it if you know how much you risked to earn it
  • #188
  • Jun 27, 2015 11:14am Jun 27, 2015 11:14am
Hi honestknave,

Could you please give me some advice? I cannot attach indicator to my chart.
Thanks in advance.
Attached Image (click to enlarge)
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  • #189
  • Jun 27, 2015 12:04pm Jun 27, 2015 12:04pm
Quoting vlady1974
{quote} Indeed! I want to actually apply it to two baskets of ema's: 50,100,200 for the Long Term and 3,6,18 for the Short Term
lol actually I use a sub-set of guppy's bands (http://www.forexfactory.com/showthread.php?t=10448)
ema 200 is my main reference
  • #190
  • Jun 27, 2015 12:06pm Jun 27, 2015 12:06pm
First, thanks for this amazing tool. I know how much hard work went into developing and testing it. Kudos!

But, I can't get it to work due to the following error in the Experts tab:

"AUDCADbo is not available from your broker."

It is true that my broker does not offer AUDCAD binary option, but why is your indicator even looking for such a thing?

Also, my regular pairs are suffixed with an "i". Will that be a problem as well?

Thanks again!

Dial
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  • #191
  • Jun 27, 2015 12:44pm Jun 27, 2015 12:44pm
Hello everyone.. Kinda new here. How do i apply this indicator? It automatically remove the indicator. How can I fix this?
Inserted Code
2015.06.28 14:35:31.376    Custom indicator MADdash EURUSD,H1: loaded successfully
2015.06.28 14:35:31.377    Custom indicator MADdash EURUSD,H1: removed
  • #192
  • Edited 3:43am Jun 28, 2015 1:09am | Edited 3:43am
Quoting Karpa
{quote} lol actually I use a sub-set of guppy's bands (http://www.forexfactory.com/showthread.php?t=10448) ema 200 is my main reference
Thanks for this excellent reference. It is similar to how I apply it the 200 EMA is also my main reference. Lots of people use MA cross or Price cross but it's actually more about the compression/decompression that reflects market decision points occurring.

A pip is only worth it if you know how much you risked to earn it
  • #193
  • Jun 28, 2015 2:20am Jun 28, 2015 2:20am
Quoting honestknave
There has been some interest in using the values of MADdash in other EAs. In order to make this easier, I am releasing a new version of MADdash. IMPORTANT: this is now an INDICATOR (not an EA) so please make sure you add it into the appropriate folder. All subsequent releases of MADdash will also be an indicator. If you're not a coder looking to use these values in an EA then you don't need to read on I have decided not to use buffers. There are 5 timeframes with 8 currencies in each, which would require 40 buffers. While this is certainly possible...

I download but not that show
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Attached Image
  • #194
  • Jun 28, 2015 3:31am Jun 28, 2015 3:31am
Quoting diallist
First, thanks for this amazing tool. I know how much hard work went into developing and testing it. Kudos! But, I can't get it to work due to the following error in the Experts tab: "AUDCADbo is not available from your broker." It is true that my broker does not offer AUDCAD binary option, but why is your indicator even looking for such a thing? Also, my regular pairs are suffixed with an "i". Will that be a problem as well? Thanks again! Dial
The indicator is calculating the results from the crosses of the major 8 currencies. Some brokers do not do all the 28 pairs, primarily some of the NZD, CHF or CAD pairs are missing. It takes only one pair missing for the indicator to show no result. Maybe Honestknave can have an exclusion setting in the indicator rather than
looking for another broker with all pairs available.

I have had no problems with suffixes on pairs, works fine.
It never gets easier, you just get better
  • #195
  • Jun 28, 2015 7:08am Jun 28, 2015 7:08am
Quoting crazzzzzy
{quote} Hello, this is the error that I get, I have that pair (AUDCAD) in my broker with the history loaded. {image}
Hello crazzzzzy,

It looks like your broker has a few different prefix/suffix combinations available and unfortunately the autodetect code that has picked a strange one.

I'll be posting an update to MADdash later today (hopefully) that will resolve these issues.
  • #196
  • Jun 28, 2015 7:08am Jun 28, 2015 7:08am
Quoting Verve
Its alive! thank you guys for your concern and feedback, it does seem like a clash between the two madDash indicators I deleted both and installed only the one from post #85 into mql4/indicators, restarted application And this time added it to the eurusd chart, dont think that makes much difference. Now to understand entries and exits.. {image}
  • #197
  • Jun 28, 2015 7:11am Jun 28, 2015 7:11am
Quoting idiamond
I would really love to try this out although am having the same problem someone mentioned earlier, i.e. the Experts tab shows Custom indicator MADdash loaded successfully and then removed right away. Admittedly not really experienced with MetaTrader 4. I can't figure out how to open a blank chart or delete EURUSD for instance after creating a new EURUSD chart. Perhaps the issue is due to using a new EURUSD chart rather than a blank chart? Any chance the .mq4 could be posted to help figure this out? Thanks
Hello idiamond, have you managed to sort this out yet?
Sorry, but I don't release my source code to anyone anymore

Quoting idiamond
{quote} Hi Verve, What do you mean about "adding every pair"? Does this have something to do with the Global Variables? Do I need to add new Global Variables manually myself? Also still don't know how to create a "blank chart". When I select "New Chart" I have to select a currency pair. I have deleted all other copies of MADdash except for the version in post #85 as you mentioned. Suspect my broker does not supply all pairs needed. Wish the .mq4 was available to help debug.
Do not worry about Global Variables. Most users will not need these. They have been created for coders who want to feed signals into their own EA.
  • #198
  • Jun 28, 2015 7:12am Jun 28, 2015 7:12am
Quoting belief
{quote} I would like to highlight a better mod to suit trading: Add filter for Moving Average SLOPES, this is so important. For example, alert to SELL as follows, BUT would you take this sell in a uptrend? {image} Current code only take consideration of how far price away from MA, but it doesn't tell the real trend cause price can be below, say 50sma in given example, but the SLOPE is up in a uptrend.
Thanks for the suggestion, belief.
At the moment, I only have time for bug fixes but I will keep this idea in mind for future development, when I get more time available.
  • #199
  • Jun 28, 2015 7:14am Jun 28, 2015 7:14am
Quoting Mr.ric
{quote} hai there i have similar problem..when i load the ea it shows successfully load ..then there was an error. can any one help me to solve this problem. tq{image}
Hello Mr.ric,
Are you still having problems? If so, please post up the messages in the Expert log
  • #200
  • Jun 28, 2015 7:18am Jun 28, 2015 7:18am
Quoting goldenequity
{quote} Click on Market Watch.... all 28 pairs must show (MORE is ok); if all 28 do not show add them. {image} ** to 'blank' a chart: open a non-28 chart (USDHKD, USDHUF, etc. , tf not important) go to properties>colors and 'black' every choice. (make a template of it, you'll use it again ) then, Drag the MADdash onto the 'blank' chart (not one of the 28 pair). Everything should work.
Thanks for the help, goldenequity
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