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MADdash (Moving Average Distance)

  • #741
  • Aug 4, 2015 10:19am Aug 4, 2015 10:19am
Quoting notouch
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...
I found that 919gilead already explained it thoroughly here http://www.forexfactory.com/showthre...96#post8349296

This one also give great hint about diverging m1 compared to HTF.. http://www.forexfactory.com/showthre...02#post8345502
  • #742
  • Aug 4, 2015 10:24am Aug 4, 2015 10:24am
Quoting redwed
{quote} I found that 919gilead already explained it thoroughly here http://www.forexfactory.com/showthre...96#post8349296
The thing is, 919gilead has his own system but the tool is useful for any system that uses moving averages.
  • #743
  • Aug 4, 2015 10:54am Aug 4, 2015 10:54am
Quoting wooisui
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.... {image}
Hello wooisui,

Thank you for the explanation - I can now recreate your problem. I will look for a fix as soon as I get the chance
  • #744
  • Aug 4, 2015 10:57am Aug 4, 2015 10:57am
Quoting 2george
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
Thank you George
Quote
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?
1. Set it all up the way you want, as normal
2. Once you have set it all up, now change automatically clear chart to false
3. Now save your template
  • #745
  • Aug 4, 2015 10:58am Aug 4, 2015 10:58am
Quoting redwed
Hello all. I've indexed this thread for my pleasure.
Excellent work!

I'll add a link to this post on Page 1 (that way you can still keep editing it whenever you want).
  • #746
  • Aug 4, 2015 11:02am Aug 4, 2015 11:02am
Quoting notouch
{quote} 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.
Very true.
Once the development of MADdash is ironed out, I hope to open up a few other dashboards based on the same platform - I am testing a couple of others already.
By that stage, hopefully the threads can be more focussed on trading ideas
  • #747
  • Aug 4, 2015 11:12am Aug 4, 2015 11:12am
Quoting honestknave
{quote} Excellent work! I'll add a link to this post on Page 1 (that way you can still keep editing it whenever you want).
I think you will find that only the first post has the capability of being updated, all other posts are on a time limit, not sure how long for though, maybe 1 -2 days.
I think you can't amend or delete your post after that period of time.
It never gets easier, you just get better
  • #748
  • Aug 4, 2015 11:19am Aug 4, 2015 11:19am
Quoting Shabs19
{quote} I think you will find that only the first post has the capability of being updated, all other posts are on a time limit, not sure how long for though, maybe 1 -2 days. I think you can't amend or delete your post after that period of time.
Ah, thanks Shabs19.
In which case, once the editing period elapses I'll move it over.
  • #749
  • Aug 4, 2015 12:41pm Aug 4, 2015 12:41pm
Version 1.24

Bug Fix: missing alerts when certain pairs are deselected.
Attached File(s)
File Type: ex4 MADdash.ex4   145 KB | 777 downloads
  • #750
  • Aug 4, 2015 1:41pm Aug 4, 2015 1:41pm
Quoting honestknave
{quote} Thank you George {quote} 1. Set it all up the way you want, as normal 2. Once you have set it all up, now change automatically clear chart to false 3. Now save your template
Tried 3 times on two different platforms and still no joy with retaining the wording on the template with the new indicator.
George
  • #751
  • Aug 4, 2015 1:48pm Aug 4, 2015 1:48pm
Quoting 2george
{quote} Tried 3 times on two different platforms and still no joy with retaining the wording on the template with the new indicator. George
If you open up the objects list (CTRL+B) can you see them listed?
  • #752
  • Aug 4, 2015 4:37pm Aug 4, 2015 4:37pm
Quoting honestknave
{quote} If you open up the objects list (CTRL+B) can you see them listed?
yes, it is listed and the 'draw as background' box is unchecked.
George
  • #753
  • Aug 4, 2015 6:56pm Aug 4, 2015 6:56pm
Quoting honestknave
Version 1.24 Bug Fix: missing alerts when certain pairs are deselected. {file}
Thanks for fixing this one.. I thought it was only me that was having this issue on COLOR ROW option. I should have spoken up. I did just find one issue where the value is -0. It will register an audible alert but will not show up in the ALERT list. Please see the attached image.
Attached Image
  • #754
  • Aug 5, 2015 4:10am Aug 5, 2015 4:10am
Quoting gizmo40
{quote} Thanks for fixing this one.. I thought it was only me that was having this issue on COLOR ROW option. I should have spoken up. I did just find one issue where the value is -0. It will register an audible alert but will not show up in the ALERT list. Please see the attached image. {image}
I think just the price have changed after alert and so the button disappeared.

knave I would like to have the alert buttons sorted by alert time and not alphabetic. shouldn't be much code?
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #755
  • Aug 5, 2015 4:36am Aug 5, 2015 4:36am
Quoting honestknave
Version 1.24 Bug Fix: missing alerts when certain pairs are deselected. {file}
Thanks.
If this can be done simply could you consider making the alerts relevant to the base chart or timeframe chart they are on - reason because I am testing 3 or 4 strategies and place the maddash template on separate base charts/timeframes.
Thanks
George
  • #756
  • Aug 5, 2015 5:45am Aug 5, 2015 5:45am
Quoting 2george
{quote} yes, it is listed and the 'draw as background' box is unchecked. George
This is because MetaTrader is drawing MADdash after it has drawn your text.
Z-ordering is not a strong point of MT4... let me see what I can come up with.
  • #757
  • Aug 5, 2015 5:48am Aug 5, 2015 5:48am
Quoting gizmo40
{quote} Thanks for fixing this one.. I thought it was only me that was having this issue on COLOR ROW option. I should have spoken up. I did just find one issue where the value is -0. It will register an audible alert but will not show up in the ALERT list. Please see the attached image. {image}
Hello gizmo40,

What I think happened is the value flicked up to positive for just 1 cycle, then went back to negative.

You would here the sound, but you would only see the text if you caught it in the 1 second between cycles (default value).

However, if you see it again and it is not the case, please tell me and I'll look into it further.
  • #758
  • Aug 5, 2015 5:54am Aug 5, 2015 5:54am
Quoting Bernhard
{quote} I think just the price have changed after alert and so the button disappeared.
Agreed
Quote
knave I would like to have the alert buttons sorted by alert time and not alphabetic. shouldn't be much code?
I admire your confidence in how little effort this will take

Joking aside, there is quite a lot that would go into that.

Firstly, there is an integrity issue:
Let's say you get a solid signal. Everything is trending well above the MA. This type of alert would slide slowly down the list as time progresses.
Now imagine another signal like Gizmo40's above - a bit "iffy" or marginal. Every time price dances around the threshold, this will move to the top of the list.

Plus the performance hit on running the extra code every cycle.

I'll give it some thought.
  • #759
  • Aug 5, 2015 5:57am Aug 5, 2015 5:57am
Quoting 2george
{quote} Thanks. If this can be done simply could you consider making the alerts relevant to the base chart or timeframe chart they are on - reason because I am testing 3 or 4 strategies and place the maddash template on separate base charts/timeframes. Thanks George
Yeah, I've been considering this. Probably something like this:
Only shows the 2 currency blocks for the current pair.
e.g. if you load it on EURUSD, you will only see EUR and USD groups (with their group currencies only)
  • #760
  • Aug 5, 2015 7:14am Aug 5, 2015 7:14am
Quoting honestknave
{quote} This is because MetaTrader is drawing MADdash after it has drawn your text. Z-ordering is not a strong point of MT4... let me see what I can come up with.
I can see that the edges of the indi have spaces where it is 'placed' on the chart - when I reduce the font size I can get the template to accept the writing at the side of the chart so nfa needed on this Andrew - thanks.
George
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