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MADdash (Moving Average Distance)

  • #561
  • Jul 22, 2015 11:30pm Jul 22, 2015 11:30pm
Quoting TraderInc
HI Gilead, thanks for the wonderful dashboard. I am not too sure if there are some bugs on some of the pairs as the numbers seems a little odd. GBPCHF, EURCAD, CADCHF and a few others as in the TF boxes. Your kind advise please. {image}

Please don't thank me but thank God and Andrew that coded the idea

Yes something is definitely not right and will suggest you delete the indicator, close MT4 and download the latest version and re-install the indicator and re-start MT4 again. Hopefully this should solve the problem, but if it persist, then we wait for Andrew to help you out.

Shalom
Low Risk Low Stress High Reward High Probability Trades
  • #562
  • Edited 2:17am Jul 23, 2015 1:52am | Edited 2:17am
Quoting HighFivve
{quote} I think he puts the non lag indi two times---- here is mine 25ma and 50ma This indi works on whatever TF you have open.. I set TF in the STRENGTH indi (which does not change data if you change your TF) to 15 to REDUCE the data flow to 15m 5m 1m ..Keeping it simple for my tiny brain :nerd:.. Question for Braintheboss ? do you take a trade after both MA change color.- OR both color change after a MAs cross? --.STrENGTH +7 or more.-7 or more with colors same..? Thankx and GL..ALL {image}
No. I use strengh for confirmation.i use others indicators for entry. When you have M1/M5 strong and M15 same direction that trade is good. But better you see how Indy run before you use it. You know every trader read market in diferent way. If you have 3 TF with 7/-7 then this direction is very strong. I use M1/M5/M15 only too.
Try don't lose pants never...
  • #563
  • Jul 23, 2015 5:22am Jul 23, 2015 5:22am
Quoting htawfik
{quote} Hi Pretorian, thank you for sharing with us your experience with lagging indicator, i would like to know what you mean by making the lagging indicator as leading indicator. can you let me know any source of information to read about that. also kindly if possible, would you please share with us your MA setting or at least let us know the method that we can use to come up with the best setup for MA. Best regards,
Hello htawfik,
The point is to make a lagging indicator - so the one that is slower than others - your leading one - so the one on which you're looking for "bounce" from MA. And also the one that determine your current trend (micro trend for me). You can use MTF MA or MA with period X TF. The settings doesn't matter, as you need to play with your own settings that would suit you and your trading style. Different currencies can have another settings so there may be not "universal one".
Just open a chart, put there MA or MTF MA, play with the settings and choose the ones that you like the most. Then input it to your trading style. STYLE NOT A SYSTEM

Quoting 919gilead
{quote}


Regards, Michael
Aggressive, High Risk, High Gain, High Accuracy
  • #564
  • Jul 23, 2015 6:00am Jul 23, 2015 6:00am
Quoting Bernhard
very good work
Quoting paws
Thanks for the latest enhancement honestknave - really appreciate all your hard work on this!
Quoting wooisui
is OK honestknave , now 1.18 version can comparing 2 TF is very good , awesome honestknave ...MANY THANK . hi Berhard , thanks for your setup , i will try market when open
Quoting 919gilead
{quote} Great job as always Captain
Quoting roughtrader
Thanks for sharing, this will be useful I had one simular before but I lost it, I'm glad I found yours
Quoting Motiram
honestknave and 919gilead I want to congratulate both of you for your hard work and making such a nice trading tool, and day after day improving more and more to get max use of it. THANK YOU Regards, Moti
Thanks everyone - I hope you continue to find it useful.
  • #565
  • Jul 23, 2015 6:02am Jul 23, 2015 6:02am
Quoting idiamond
Hi honestknave, A couple suggestions/requests to consider... I like the alerts feature although not the popup. It would be nice to have the alerts popup optional while keeping the alerts column visible and functional. Also agree with AKCodingEye, as an option it would be nice to add more timeframe columns. You could keep the defaults the way they are now but for those who would like more they could be turned on. Thanks again for all your contributions!
Quoting Bernhard
possibly no alert pop up when using solid currency blocks?
Check out version 1.20, posting in a few minutes when I've worked through the messages I've missed.
  • #566
  • Jul 23, 2015 6:06am Jul 23, 2015 6:06am
Quoting Alansdca
I have a couple of questions, hoping someone can clear this up for me. Ran the Maddash all last week and have kept up with the updates. The more screen time I have with it the more I understand what it is telling me and the more I'm learning to trust it. My question is the ATR time frame? When I use the ATR time frame I get a lot more alerts, do these alerts just apply to the ATR time frame selected. The default is one hour and are they displayed along with the Comparing TF1 to TF2 alerts?? That's what I'm thinking is happening if some one could...
Hello Alansdca,
The ATR option is actually giving the distance from the MA as a percentage of the ATR, rather than in pips.
Consequently, you'll probably need to change the alert threshold to a higher number. I've not experimented with it so I can't really give you any guidance I'm afraid!
  • #567
  • Jul 23, 2015 6:09am Jul 23, 2015 6:09am
Quoting InnerGrowth
Hello everyone. Thx very much for this great Madash. Really great tool. I have a question. Is it possible to change the date and hour when the tool calculation start and same for when it end? Like if I wanted to look at history, from let say Feb. 10th 2015 to march 25th 2015, is there a way to only calculate the strength and weakness of the 8 currencies for that time only? If yes that would be absolutely awesome and if not, would be great if you could incorporate that in the tool later on. This would gives us a great opportunity to test strategies...
Hello InnerGrowth,
I'm glad you're enjoying MADdash.
At the moment, the time feature isn't available but I will give it consideration for future releases.
  • #568
  • Jul 23, 2015 6:11am Jul 23, 2015 6:11am
Quoting xclr8tr
{quote} I think I shall have to ponder this further as it seems to go against logic. I'll have to study it for a bit to try and make sense of it. I understand the end goal is to be able to make good decisions and if that's what it accomplishes then who am I to judge, probably just the programmer in me got spooked Thanks Shabs19 xclr8tr
Hello xclr8tr,
Hopefully the post that Shabs19 pointed you in the direction of has cleared things up.
Every pair appears in 2 groups. In the base currency group, the value will be in its normal sense. In the quote currency group, the value will be inverted (for want of a better word).
  • #569
  • Jul 23, 2015 6:14am Jul 23, 2015 6:14am
Quoting braintheboss
I think nobody think MADdash as main indicator for entry/exits. But problem is when you have confirmation ( blocks in same ) its too risk for entry or you have do short operations because almost movement happened. And more in low liquidity like summer. Reduce lag and reduce sensibility in pullbacks without loose response never is bad thing. But is not my indicator. I only ask if you can try this method in MADdash for see if better it. Only that PS: Correlations with PA are very good way for anticipate movements. With MADdash you can centralize...
Quoting 919gilead
{quote} Thanks for your experience and idea my friend but like you see from some results, it is working for some of us the way it is, summer or winter, lagging or non lagging. Price has been all over the place lately, moving 100 pips and reversing itself, so no one knows what price will do. I am not the coder and like I said, if Andrew thinks your idea is viable, I am sure he will incorporate into the next version. For me, I have played with other ideas and have found the default setting best and reverted to 35 - 37 MA for stability of the HTF to...
I'm going to be away for a while, so I'll have to look at this when I get back.
After version 1.20 (shortly to be posted) I'll only have time for bug fixes until I return I'm afraid
  • #570
  • Jul 23, 2015 6:19am Jul 23, 2015 6:19am
Quoting TraderInc
HI Gilead, thanks for the wonderful dashboard. I am not too sure if there are some bugs on some of the pairs as the numbers seems a little odd. GBPCHF, EURCAD, CADCHF and a few others as in the TF boxes. Your kind advise please. {image}
Hello TraderInc,

Your terminal has not downloaded all the history yet. Please take a look at this post.

Normally, it sorts itself out. However, one of the brokers I use for testing sometimes refuses to play nicely and I have to manually download the history.

You can do this either by opening the relevant chart (by clicking the big/odd numbers on the dashboard) and scrolling back a bit. Alternatively, you can use a script such as the one that Berhard posted here.
  • #571
  • Edited 8:11am Jul 23, 2015 6:25am | Edited 8:11am
OK, I think I have caught up with replying to questions. If I have missed anyone out, please let me know - it won't have been deliberate but I only have limited time available to view FF at the moment.

Version 1.20

Time Frames
You can now have up to 7 timeframes displayed, presuming your screen is big enough

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1.png Size: 205 KB


Alerting
You can now choose between:

  1. No alerts
  2. Silent alerts (the alerts column is active, but no sound or popups appear)
  3. Alert sounds (you will get the alert sound play, but no popup)
  4. Alert popups (you will get a popup for every alert)

Attached Image (click to enlarge)
Click to Enlarge Name: alerts.png Size: 75 KB
Attached File(s)
File Type: ex4 MADdash.ex4   143 KB | 2,851 downloads
  • #572
  • Jul 23, 2015 6:40am Jul 23, 2015 6:40am
Quoting honestknave
OK, I think I have caught up with replying to questions. If I have missed anyone out, please let me know - it won't have been deliberate but I only have limited time available to view FF at the moment. Version 1.20 Time Frames You can now have up to 7 timeframes displayed, presuming your screen is big enough {image} Alerting Methods You can now choose between: No alerts Silent alerts (the alerts column is active, but no sound or popups appear) Alert sounds (you will get the alert sound play, but no popup) Alert popups (you will get...
Great and thoughtful job as always Captain
Low Risk Low Stress High Reward High Probability Trades
  • #573
  • Jul 23, 2015 7:00am Jul 23, 2015 7:00am
Quoting honestknave
OK, I think I have caught up with replying to questions. If I have missed anyone out, please let me know - it won't have been deliberate but I only have limited time available to view FF at the moment. Version 1.20 Time Frames You can now have up to 7 timeframes displayed, presuming your screen is big enough {image} Alerting Methods You can now choose between: No alerts Silent alerts (the alerts column is active, but no sound or popups appear) Alert sounds (you will get the alert sound play, but no popup) Alert popups (you will get...
Once again you are awesome honestknave!!! Thank you very much!!!

  • #574
  • Jul 23, 2015 8:09am Jul 23, 2015 8:09am
hi Honestknave, what alert option should I choose if lets say a choosen time frame (ex h1,h4,D1,W1) all start green or red? I mean an alert when all row start green or all start red..
  • #575
  • Jul 23, 2015 8:12am Jul 23, 2015 8:12am
Quoting idiamond
{quote} Once again you are awesome honestknave!!! Thank you very much!!!
Quoting 919gilead
{quote} Great and thoughtful job as always Captain
I hope you both find it useful
  • #576
  • Jul 23, 2015 8:14am Jul 23, 2015 8:14am
Quoting Zambe
hi Honestknave, what alert option should I choose if lets say a choosen time frame (ex h1,h4,D1,W1) all start green or red? I mean an alert when all row start green or all start red..
Hello Zambe,

"Solid Currency Blocks" will alert when everything is the same colour

Attached Image (click to enlarge)
Click to Enlarge Name: solid.png Size: 87 KB


Hope that helps
  • #577
  • Jul 23, 2015 8:19am Jul 23, 2015 8:19am
Quoting honestknave
{quote} {quote} I hope you both find it useful

Useful , an understatement. I just sold AUDUSD and this is using the default MA setting
Attached Image (click to enlarge)
Click to Enlarge Name: MADdash 6.15 - 7232015.gif Size: 55 KB


Shalom
Low Risk Low Stress High Reward High Probability Trades
  • #578
  • Jul 23, 2015 8:22am Jul 23, 2015 8:22am
Quoting 919gilead
{quote} Useful , an understatement. I just sold AUDUSD and this is using the default MA setting {image} Shalom
  • #579
  • Jul 23, 2015 8:44am Jul 23, 2015 8:44am
Quoting 919gilead
{quote} Useful , an understatement. I just sold AUDUSD and this is using the default MA setting {image} Shalom
i've found the default MA setting nice to see overall market structure and have gotten a number of good alerts also. great tool.
  • #580
  • Jul 23, 2015 9:00am Jul 23, 2015 9:00am
hi all,
sorry i have a problem with last version...
i drag the indi into my chart,
i can set parameters fine but when i press ok
black chart with no indicator attacked..
the previous version worked fine..
any suggestions?
thx
and thanks for sharing this great work!
nescentia necat
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