MADdash (Moving Average Distance)

Hello Bernhard,
When you restart MT4, it will redraw everything too.
Glad you got things started

Hello paws,
Thanks for posting.
Unfortunately, at this stage I simply don't have the time to add such major modifications to MADdash.
However, if and when I get some more spare time we can re-visit things like this if there is interest.

Hello redwed,

The derived figure is a recombination of the averages from the currency groups.

Please take a look here to see if that makes it any clearer, and if not I'll try to explain it a different way.

Thanks for helping wooisui, and I'm glad you got it sorted datdle

Glad to hear it

Hello wooisui,

I've been trying to recreate this problem, but have failed to do so:


One thing to check please: do you definitely have Alert Method set to Constant row color on the charts with only one currency group showing?

Also, which version of MADdash are you using, and which version of MT4?

this makes no sense, you wont to see the full picture

hi honestknave , i think my broken English difficult to communicate ,example i set single currency is EUR pair , so at Pair Selection only EUR Pair i set to TRUE , other pair set to FALSE , Alert Method set to Constant row color , Alert just info me only EUR pair , no show other pair , can do this to me honestknave....

You're welcome

I believe this will be of help to new users.
I will work on a strategy and hope others do too - it is theoretically possible to get a reversal and a trend following strategy from this indicator.
George
PS
When I trial different settings I save the template but the template will not save the writing (5 smooth in this case) - see example. Is it possible to make some change to accept the writing?
Thanks
George

HonestKnave,
I have the indicator set on 5 smooth for 5m, 15m and 30m charts only.
The alert is set to popups with setting solid currency blocks.
I have attached an illustration of the USD CAD that should have alerted but did not.
Thanks
George

Thank you for all the contributors especially honestknave and 919gilead.

Instead of using time explaining the same thing, i think an faq at the #1 page will be awesome. It certainly reduces the same question asked by the passerby coming into this wonderful thread. And that saved time will be used to enrich the MADDash greater than ever before..

Thanks for all your dedication, mostly to both of you..

hi George , before this i testing MA Period 6 and 8 , the result very bad , now follow 919gilead strategy . VERY GOOD .
my opinion dun extenuate MA period setting at lower time frame . sorry my broken English .

Hi Wooisui,
At the moment I cannot get the alerts to fire all the time so testing different settings is a problem.
I believe that 919gilead (another George) waits for solid currency blocks, I am not sure which settings he uses, but I will check it thoroughly when I have got this alert to work as it should.
Thanks
George

Hello all.

I've indexed this thread for my pleasure. And know, you'll too.

Here it goes...

What is MADdash : http://www.forexfactory.com/showthread.php?t=545718
How does it work? : http://www.forexfactory.com/showthre...64#post8335264
919gilead's explanation : http://www.forexfactory.com/showthre...86#post8335286
Measured in pips : http://www.forexfactory.com/showthre...95#post8335395
z-score opinion : http://www.forexfactory.com/showthre...27#post8335427
919gilead's example : http://www.forexfactory.com/showthre...90#post8335790
919gilead's example : http://www.forexfactory.com/showthre...29#post8335929
LTF need to recycle : http://www.forexfactory.com/showthre...90#post8335990
919gilead's example : http://www.forexfactory.com/showthre...92#post8335992
20 pips a day is enough : http://www.forexfactory.com/showthre...27#post8336027
my template won't help anybody : http://www.forexfactory.com/showthre...85#post8337185
troubleshooting, experts tab : http://www.forexfactory.com/showthre...80#post8337280
invert the values of the quote currency : http://www.forexfactory.com/showthre...82#post8337482
Older brother MADDash : http://www.forexfactory.com/showthre...06#post8337506
Alert system MADDash : http://www.forexfactory.com/showthre...97#post8339297
MADDash Indicator : http://www.forexfactory.com/showthre...24#post8339324
Thoughts of pip value vs MADDash : http://www.forexfactory.com/showthre...33#post8339533
Pip value discussion : http://www.forexfactory.com/showthre...81#post8339581
pips value and % change : http://www.forexfactory.com/showthre...23#post8339623
Where MADdash is at : http://www.forexfactory.com/showthre...26#post8339626
919gilead's opinion on pip & percentage change (hint on his trading style): http://www.forexfactory.com/showthre...84#post8340384
919gilead's example : http://www.forexfactory.com/showthre...34#post8341234
lagging indicator into a leading one : http://www.forexfactory.com/showthre...74#post8341274
grey dot is ex4 : http://www.forexfactory.com/showthre...64#post8341364
troubleshooting install MADdash : http://www.forexfactory.com/showthre...74#post8341374
919gilead's quote & performance : http://www.forexfactory.com/showthre...46#post8341446
25 sma by goldenequity : http://www.forexfactory.com/showthre...17#post8341517
Indicator & EA don't mix well : http://www.forexfactory.com/showthre...59#post8341559
I'm not proving others anything : http://www.forexfactory.com/showthre...53#post8342153
Never allow the market to take back what it has given you, and always take whatever the market gives you : http://www.forexfactory.com/showthre...80#post8342180
Keep the tool blind in some ways : http://www.forexfactory.com/showthre...79#post8342979
Choose your own Slope : http://www.forexfactory.com/showthre...00#post8343100
troubleshooting with Verve : http://www.forexfactory.com/showthre...01#post8343601
open 28 pairs : http://www.forexfactory.com/showthre...97#post8344197
wait for BOUNCES : http://www.forexfactory.com/showthre...53#post8345153
919gilead's view : http://www.forexfactory.com/showthre...63#post8345363
919gilead's m1 diverging from m15 & h1 : http://www.forexfactory.com/showthre...02#post8345502
After 30 minutes : http://www.forexfactory.com/showthre...37#post8345537
Possible reversal is around the corner, waiting : http://www.forexfactory.com/showthre...16#post8347316
More on the divergence : http://www.forexfactory.com/showthre...96#post8349296
Market watch & hide all : http://www.forexfactory.com/showthre...23#post8350723
Broker prefix & suffix detection : http://www.forexfactory.com/showthre...46#post8351146
20 pip tp each : http://www.forexfactory.com/showthre...02#post8353202
Dear newbies : http://www.forexfactory.com/showthre...24#post8353324
Don't change indicator name : http://www.forexfactory.com/showthre...23#post8353923
MA mtf at a glance : http://www.forexfactory.com/showthre...26#post8354126
WHat is LCSM? : http://www.forexfactory.com/showthre...86#post8354186
What if 100% trade is successful : http://www.forexfactory.com/showthre...00#post8354800
Change your font size : http://www.forexfactory.com/showthre...18#post8354818
Wait for pullback (x3) : http://www.forexfactory.com/showthre...29#post8354829
They are good friends : http://www.forexfactory.com/showthre...20#post8355120
What's on 919gilead's chart : http://www.forexfactory.com/showthre...34#post8274834 & http://www.forexfactory.com/showthre...00#post8274900
Step by step by honestknave : http://www.forexfactory.com/showthre...99#post8355399
No MA is right or wrong : http://www.forexfactory.com/showthre...70#post8356470
Toying around with MA's setting : http://www.forexfactory.com/showthre...97#post8356697 & http://www.forexfactory.com/showthre...75#post8354275
Eureka moment! : http://www.forexfactory.com/showthre...82#post8358182
70 pips a day : http://www.forexfactory.com/showthre...66#post8358366
Customize to your own system : http://www.forexfactory.com/showthre...64#post8360764
If broker doesn't have 1 of THE 28 : http://www.forexfactory.com/showthre...61#post8361361
Include ATR as substition to z-score : http://www.forexfactory.com/showthre...64#post8366664
MADdash Crossover : http://www.forexfactory.com/showthre...06#post8374206
919gilead SL & TP : http://www.forexfactory.com/showthre...17#post8375617
MADdash is a... : http://www.forexfactory.com/showthre...09#post8376109
'default' template : http://www.forexfactory.com/showthre...86#post8376586
MADdash now available for 27,26,25 pairs broker : http://www.forexfactory.com/showthre...45#post8377145
Switch off if you want : http://www.forexfactory.com/showthre...46#post8377146 & http://www.forexfactory.com/showthre...48#post8377148 & http://www.forexfactory.com/showthre...49#post8377149 & http://www.forexfactory.com/showthre...51#post8377151 & http://www.forexfactory.com/showthre...62#post8377162
Chart positioning : http://www.forexfactory.com/showthre...63#post8377163
Option list is growing bigger : http://www.forexfactory.com/showthre...72#post8377172
Specify your template : http://www.forexfactory.com/showthre...77#post8377277
ATR method experiment : http://www.forexfactory.com/showthre...85#post8377685
Another step by step from honestknave : http://www.forexfactory.com/showthre...97#post8378297 & http://www.forexfactory.com/showthre...99#post8378299
Step by step by diallist : http://www.forexfactory.com/showthre...05#post8378305
50 pips on GJ & place order using alop's EA : http://www.forexfactory.com/showthre...02#post8378702
Why so many alerts? : http://www.forexfactory.com/showthre...94#post8379494 & http://www.forexfactory.com/showthre...01#post8334001
Video tutorial by honestknave : http://www.forexfactory.com/showthre...78#post8379878
FerruFx & honestknave sharing opinions : http://www.forexfactory.com/showthre...63#post8380163 & http://www.forexfactory.com/showthre...40#post8380540
Automatically clear chart setting : http://www.forexfactory.com/showthre...78#post8382778
Force Historical Data script : http://www.forexfactory.com/showthre...10#post8382910
MADdash signal incorporated with trade manager : http://www.forexfactory.com/showthre...74#post8383574 & http://www.forexfactory.com/showthre...27#post8383927
Where does derived value coming from? : http://www.forexfactory.com/showthre...06#post8384006
MADdash with ATR and explanation : http://www.forexfactory.com/showthre...28#post8384028 & http://www.forexfactory.com/showthre...89#post8384189
To use ATR function, need 0 as SL : http://www.forexfactory.com/showthre...38#post8384838
Bernhard's template : http://www.forexfactory.com/showthre...89#post8384889
Bernhard's result with ATR : http://www.forexfactory.com/showthre...53#post8385053
About loading history by honestknave : http://www.forexfactory.com/showthre...79#post8385379
Missed 4500 pips : http://www.forexfactory.com/showthre...36#post8385636
M1 vs M5 Bernhard template : http://www.forexfactory.com/showthre...92#post8385692
Bernhard - I open trades manually : http://www.forexfactory.com/showthre...18#post8386018
Version 1.18 - Different alerting method : http://www.forexfactory.com/showthre...03#post8387803
MADdash over CSdash : http://www.forexfactory.com/showthre...78#post8388478
Must read repeatedly - Advantage of MADdash over CSdash : http://www.forexfactory.com/showthre...44#post8388544 & http://www.forexfactory.com/showthre...48#post8388548
Almost over kill : http://www.forexfactory.com/showthre...36#post8388736
Another view from Bernhard : http://www.forexfactory.com/showthre...81#post8388781
Wait for pullback : http://www.forexfactory.com/showthre...00#post8390300
Pending orders at SD zone : http://www.forexfactory.com/showthre...70#post8390570
Wait for pullback : http://www.forexfactory.com/showthre...21#post8392621
24 pips on GBPCAD : http://www.forexfactory.com/showthre...06#post8394206
14.5% a day : http://www.forexfactory.com/showthre...29#post8395229
Stability on 35-37% MA : http://www.forexfactory.com/showthre...16#post8395316
Pretorian1 sayings on Lagging indicators : http://www.forexfactory.com/showthre...17#post8395617 & http://www.forexfactory.com/showthre...51#post8396551
Explanation on ATR by honestknave : http://www.forexfactory.com/showthre...47#post8396647
Solid Currency Blocks option : http://www.forexfactory.com/showthre...01#post8397001
919gilead's example : http://www.forexfactory.com/showthre...18#post8397018
Troubleshooting alert and white foreground chart : http://www.forexfactory.com/showthre...51#post8397551 & http://www.forexfactory.com/showthre...54#post8397554
21 pips AUDUSD : http://www.forexfactory.com/showthre...81#post8399081
10 pips AUDUSD : http://www.forexfactory.com/showthre...94#post8399194
919gilead's explanation on HighFivve's trade example : http://www.forexfactory.com/showthre...48#post8402148
Further explanations from 919gilead on Pullback : http://www.forexfactory.com/showthre...81#post8403181
20 pip on LTF recycle : http://www.forexfactory.com/showthre...63#post8403263
The Massive Benefits of Being a Scalper : http://www.forexfactory.com/showthre...59#post8404259
Another CT trade from 919gilead : http://www.forexfactory.com/showthre...13#post8405213
If the entire block is green : http://www.forexfactory.com/showthre...45#post8408045
Bernhard 4.41% a day : http://www.forexfactory.com/showthre...01#post8409501 & http://www.forexfactory.com/showthre...29#post8409229
Beware of NYO : http://www.forexfactory.com/showthre...95#post8411295
4.8% a day : http://www.forexfactory.com/showthre...46#post8411446

I hope you find this helpful. Enjoy!

(i've recorded each of the link above in https://web.archive.org/, so that the links will remain alive in the future..)

Good thread, Great tool made by Awesome people. Thank you for this decent thread!

great job!
could be taken to post 1

This thread is quite good for me. Just like Genesis Matrix Trading System thread (learned a lot from there too).

Appreciated.
George

A lot of work went into this great effort - Thanks!

Really nice tool you've made here. The beauty of it is that it allows you trade different pairs that you would never really look at without it. My system is based on the 10EMA - 1H for direction and 5M for trigger, and today the AUD was all green and the CHF all red so I opened the 5M AUD/CHF chart, waited for a buy signal and up it goes. Earlier I took a GBP/AUD short because GBP was mostly red, but then it turned mostly green so I closed it for a small loss. You need a profitable system with MAs but if you have that this tool really broadens your trading horizons.

Nice index, redwed. It has to be said there's quite a lot of stuff in this thread that relates to the development of the tool rather than trading with it so that index helps us find what we really need.