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MADdash (Moving Average Distance)

  • #601
  • Jul 25, 2015 4:42am Jul 25, 2015 4:42am
Quoting braintheboss
{quote} I'm with mobile and i didn't explain everything. I didn't use nonlag with distance from price. I use sum of directions. +1 if up, 0 if plain and -1 if down. Using direction and not short lengths you have similar behavior to your dashboard but more precise direction because in distance price method you don't know when price begin to reverse because is impossible memorize max distance in every group ( 0 is MA cross and with strong movements confirmation lag is very much ). I prefer send you code when i arrive at my home.You can see if you...
it just gave me the idea for the dash. +1 0 -1 is more options then only +1 -1 (false true).
The buttons in dash are red or green. but why not add grey for "0". Market can be ranging if signal is around neutral and this is when most losses with MAs appear. I know all the functions for alert would change a lot. Its just a thought if this can be made. for optical view it should be easy.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #602
  • Jul 25, 2015 5:12am Jul 25, 2015 5:12am
Quoting Bernhard
{quote} it just gave me the idea for the dash. +1 0 -1 is more options then only +1 -1 (false true). The buttons in dash are red or green. but why not add grey for "0". Market can be ranging if signal is around neutral and this is when most losses with MAs appear. I know all the functions for alert would change a lot. Its just a thought if this can be made. for optical view it should be easy.
0 in two MAs calculation ( plain ) is way to filter false signals. Really marking range markets in dashboard not useful because even in range markets you have movements enough strong for have signals in dashboard. Really 0 value in calculation give you more smooth trends in pullbacks. But in distance calculation don't exist 0 value because 0 value means MAs cross, not opposite movement of two MAs
I'm testing both methods and really the difference is how you read pullbacks or swings. In trend moments both have same behavior
Try don't lose pants never...
  • #603
  • Jul 25, 2015 5:21am Jul 25, 2015 5:21am
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 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 a popup...
thank you very much knave it becomes better and better
just one small request with 6 TF (I dont use m30) it does not fit in my screen. Can be the alert tab be moved below
Attached Image (click to enlarge)
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Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #604
  • Jul 25, 2015 5:25am Jul 25, 2015 5:25am
Quoting braintheboss
{quote} 0 in two MAs calculation ( plain ) is way to filter false signals. Really marking range markets in dashboard not useful because even in range markets you have movements enough strong for have signals in dashboard. Really 0 value in calculation give you more smooth trends in pullbacks. But in distance calculation don't exist 0 value because 0 value means MAs cross, not opposite movement of two MAs I'm testing both methods and really the difference is how you read pullbacks or swings. In trend moments both have same behavior
sorry, I have read it twice and do not understand what you mean. (examples?)
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #605
  • Jul 25, 2015 5:32am Jul 25, 2015 5:32am
Quoting Bernhard
{quote} sorry, I have read it twice and do not understand what you mean. (examples?)
I'm not English. I understand sometimes is complicate understand me
Try don't lose pants never...
  • #606
  • Jul 25, 2015 6:22am Jul 25, 2015 6:22am
Quoting SakibFX
It's great to witness the evolution of MADDash, getting even better in each new version. I've got another request to be considered in spare time of honestknave... Is it possible to put an alert option for each time a full row of a currency pair turn the same color? Basically I need an alert when a pair price is above or below a moving average across all TFs (or selected TFs) Thanks for your great works. Best regards.
Quoting Zambe
{quote} Yeah.. this is what I mean also.. so the pairs appears in alert column would be the pairs with same color on each choosen TF
I think you may be asking for different things
If I understand correctly, SakibFX wants an alert when a horizontal row is all the same colour (e.g. USDCHF green across all timeframes) while Zambe is looking for an alert when a vertical column is all the same color (e.g. M15's all green).
Or have I misunderstood?
  • #607
  • Jul 25, 2015 6:23am Jul 25, 2015 6:23am
Quoting AKCodingEye
{quote} Thank you very much. Just the way I wanted, Great work as usual Can't wait to try out tomorrow. -AK
Quoting wooisui
honestknave you are VERY GOOD , EXCELLENT
You're most welcome
  • #608
  • Jul 25, 2015 6:24am Jul 25, 2015 6:24am
Quoting maflip
First of all thanks for the indicator. For request... Is it possible to have a toggle switch to only be alerted with the pairs I trade? Because I only trade the major pairs and not the rest... Thanks
Quoting Shabs19
{quote} You can remove pairs that you don't look at from the "pairs selection" menu and you wont be alerted to pairs that you don't trade. Set pairs you don't trade to "false". MaDash 1.18 / 1.20
Spot on Shabs19 - thank you.
  • #609
  • Jul 25, 2015 6:27am Jul 25, 2015 6:27am
Quoting Bernhard
{quote} thank you very much knave it becomes better and better just one small request with 6 TF (I dont use m30) it does not fit in my screen. Can be the alert tab be moved below {image}
Hello Bernhard, just turn off the 7th timeframe and you should be set.
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  • #610
  • Jul 25, 2015 6:38am Jul 25, 2015 6:38am
Quoting braintheboss
{quote} I'm not English. I understand sometimes is complicate understand me
I see. my spanish isnt better. you dont speak german?
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #611
  • Jul 25, 2015 6:39am Jul 25, 2015 6:39am
Quoting honestknave
{quote} Hello Bernhard, just turn off the 7th timeframe and you should be set. {image}
thanks I did it already, but still I think down would fit better
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #612
  • Jul 25, 2015 6:42am Jul 25, 2015 6:42am
Quoting Bernhard
{quote} I see. my spanish isnt better. you dont speak german?
Lol. Haha
Try don't lose pants never...
  • #613
  • Jul 25, 2015 6:53am Jul 25, 2015 6:53am
Quoting Bernhard
{quote} thanks I did it already, but still I think down would fit better
Unfortunately not. Given that most monitor aspect ratios favour the horizontal over the vertical, it would become unusable for people using lower resolution screens.
e.g.
Attached Image (click to enlarge)
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There is absolutely no space at the bottom (even with the terminal tab shut) without reducing the text to an unreadable level.
  • #614
  • Jul 25, 2015 8:50am Jul 25, 2015 8:50am
Quoting honestknave
{quote} {quote} I think you may be asking for different things If I understand correctly, SakibFX wants an alert when a horizontal row is all the same colour (e.g. USDCHF green across all timeframes) while Zambe is looking for an alert when a vertical column is all the same color (e.g. M15's all green). Or have I misunderstood?
The horizontal colour the same (alert) would make more sense. Showing strength / weakness across timeframes.
It never gets easier, you just get better
  • #615
  • Jul 25, 2015 12:30pm Jul 25, 2015 12:30pm
Quoting honestknave
{quote} {quote} I think you may be asking for different things If I understand correctly, SakibFX wants an alert when a horizontal row is all the same colour (e.g. USDCHF green across all timeframes) while Zambe is looking for an alert when a vertical column is all the same color (e.g. M15's all green). Or have I misunderstood?
Hello Honestknave... you got me exactly right and I think Zambe is also looking for the same.

For example, I will look to buy USDCHF whenever I'll get an alert for USDCHF row is full green, that basically means USDCHF price is above e.g. 37 ema on all (or selected) timeframes.

Thanks for consideration.

Regards.
Success - It's not always what you see
  • #616
  • Jul 25, 2015 2:44pm Jul 25, 2015 2:44pm
Quoting maflip
First of all thanks for the indicator. For request... Is it possible to have a toggle switch to only be alerted with the pairs I trade? Because I only trade the major pairs and not the rest... Thanks
I agree that this would be helpful for me as well as I only trade/monitor 5-6 pairs. Thanks so much for ALL your effort in this wonderful tool!
  • #617
  • Edited 3:26pm Jul 25, 2015 2:48pm | Edited 3:26pm
Quoting Shabs19
{quote} The horizontal colour the same (alert) would make more sense. Showing strength / weakness across timeframes.

Yeah.. this is also what I mean. Horizontal color the same... Once they are same, the pair appear in alert column ( after +2/-2 or +5/-5 above/below for all TF for example)...
  • #618
  • Jul 25, 2015 3:54pm Jul 25, 2015 3:54pm
Quoting pretorian1
My trade from today, supported my MADdash AUDUSD +21 pips {image} Regards, Michael
Quoting pretorian1
{quote} And the last one, again AUDUSD +10 pips {image} Regards, Michael
Good job Michael

I took some nice pips on the GU short right after the London open and went straight to bed thereafter.

Enjoy your week end

Shalom
Low Risk Low Stress High Reward High Probability Trades
  • #619
  • Edited 6:39pm Jul 26, 2015 6:00pm | Edited 6:39pm
short NZD/USD @ 65.766 as 15 min is opposite the long term trend for both! --20ema -- looking for PA EXIT
on lower 5 min channel @ 65700
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Learn THEN Unlearn
  • #620
  • Jul 27, 2015 3:29am Jul 27, 2015 3:29am
Quoting HighFivve
short NZD/USD @ 65.766 as 15 min is opposite the long term trend for both! --20ema -- looking for PA EXIT on lower 5 min channel @ 65700 {image}
Your dashboard did not confirm a sell in the NZDUSD as the M15 TF of the NZD group was all green, while USD had 4 pairs as red, implying ST strength for the NZD group and ST weakness for the US group. So I would not have sold until the lower TFs recycled into the higher Tfs as you never know whether it is a pullback or reversal until the lower TFs starts moving in the same direction as the higher Tfs. This is why I trade in the direction of the M1 to M15 but prefer these TFs to agree with HTFs.
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