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MADdash (Moving Average Distance)

  • #901
  • Oct 12, 2015 10:36pm Oct 12, 2015 10:36pm
Hi 919

Thanks for your suggestion. A quick question though. Wouldn't one be able to achieve the same if you were to use just one indicator, to display only M1 M15 M30 & H1, and then to set the alert to Constant Row Color? Unless you are using two different MA setting for two instances of the indicator? Thank you in advance for your help


Quoting 919gilead
{quote} Hi Drona, You may want to consider the way I achieve the same goal for now by using 2 of the indicator as shown below, if it doesn't affect your other indicators {image} I trade in the direction of the M30 & H1 setup (trend) when the M1 to M15 TFs recycle (or pullback) and resume in their direction. Here's an EURAUD example {image} And this is the MTF MA Cross with Alert in case anybody finds it useful {file} Shalom
  • #902
  • Oct 13, 2015 1:40am Oct 13, 2015 1:40am
Quoting ahhamidz
{quote} Hi 919gilead can you post other indicators Thanks
Which ones? Most of my indicators are here but I presume the particularly one you may be referring to is the MTF MA and is attached below
Attached File(s)
File Type: ex4 i-BJF-MTF-MA.ex4   2 KB | 789 downloads
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  • #903
  • Oct 13, 2015 1:54am Oct 13, 2015 1:54am
Quoting Drona
Hi 919 Thanks for your suggestion. A quick question though. Wouldn't one be able to achieve the same if you were to use just one indicator, to display only M1 M15 M30 & H1, and then to set the alert to Constant Row Color? Unless you are using two different MA setting for two instances of the indicator? Thank you in advance for your help {quote}
I believe the alert criteria options are (1) comparing the 1st two TFs and (2) solid blocks of currency groups.

I want to see the M1 to H4 displayed to know what the ST and MT trends are; but I want my alert when either the M15 & M30 (or M30 and H1) are in agreement. From the current configuration/coding, if I display M1 to H4, I can only get an alert if (1) my M1 & M5 are in agreement or (2) I have solid blocks of the strongest and weakest groups (from M1 to H4). The alternative way t4 to achieve my goal is to use 2 sets of the indicator as pointed out in my prior post. And this is why I agreed with your request for users to be able to pick their own TFs for the alerts; and requested that it will be great to have more than 2 TFs option.

Cheers
Low Risk Low Stress High Reward High Probability Trades
  • #904
  • Oct 13, 2015 6:08am Oct 13, 2015 6:08am
919,

Actually, there are 3 alert options . The last one being a single row matching color. Believe it was added in the most current version.
And yes, I do agree on more flexibility in choosing the number of TFs to compare

Quoting 919gilead
{quote} I believe the alert criteria options are (1) comparing the 1st two TFs and (2) solid blocks of currency groups. I want to see the M1 to H4 displayed to know what the ST and MT trends are; but I want my alert when either the M15 & M30 (or M30 and H1) are in agreement. From the current configuration/coding, if I display M1 to H4, I can only get an alert if (1) my M1 & M5 are in agreement or (2) I have solid blocks of the strongest and weakest groups (from M1 to H4). The alternative way t4 to achieve my goal is to use 2 sets of the indicator...
  • #905
  • Oct 13, 2015 7:27am Oct 13, 2015 7:27am
Hello, thanks a lot for creating this dashboard.

But I don't seem to get the hang of it yet, as almost all alerts I got unfortunately were losers. I read about how to read it, every trade I enter seems to turn around on me, though.
1. I've been using the standard settings, did you guys fine tune the settings and which alerts do you use?
2. At one point in this thread the option to change the font colours in the board were shown, but I can't find that option in the menu. I'm using version 2.4.
3. Also, I'd like to integrate the boxes on the left into a chart, needing only the data for 2 currencies. I realise I can remove certain currencies and pairs, but the background will still be black instead of transparent.

Any help on this much appreciated, thanks!
  • #906
  • Oct 13, 2015 9:09am Oct 13, 2015 9:09am
Quoting 919gilead
{quote} {quote} Good morning Captain, and if I may add when you are doing this in future, could you also consider allowing users to choose more than 2 TFs if it's not much work. Thanks as usual. Shalom
Hi George,

Will add it to the list

Green pips
  • #907
  • Oct 13, 2015 9:13am Oct 13, 2015 9:13am
Quoting Drona
919, Actually, there are 3 alert options . The last one being a single row matching color. Believe it was added in the most current version. And yes, I do agree on more flexibility in choosing the number of TFs to compare {quote}
Thank you Drona, guess I've been away and did not catch up properly as I'm still using version 1.20 Will catch up later and update my version.

Take care
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  • #908
  • Oct 13, 2015 9:14am Oct 13, 2015 9:14am
Quoting honestknave
{quote} Hi George, Will add it to the list Green pips
Thanks as usual Captain

Green pips to u 2
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  • #909
  • Edited 3:19pm Oct 13, 2015 1:43pm | Edited 3:19pm
Quoting SellAaandUp
Hello, thanks a lot for creating this dashboard. But I don't seem to get the hang of it yet, as almost all alerts I got unfortunately were losers. I read about how to read it, every trade I enter seems to turn around on me, though. 1. I've been using the standard settings, did you guys fine tune the settings and which alerts do you use? 2. At one point in this thread the option to change the font colours in the board were shown, but I can't find that option in the menu. I'm using version 2.4. 3. Also, I'd like to integrate the boxes on the left...
Sry for quoting myself but I find my way around questions 2 and 3.
Regarding 2: I had to download version 1.26 which was posted a few pages back. I didn't realise I did not download the most recent version when reading through the thread. This version allows to edit the box and text color. The color for the different currencies cannot be changed, though, it would be great if this option was given in a future version.

I've found that the black background is simply the result of the chart settings being defaulted to black when loading the indicator.

Also, I did manage to make 2 good trades with the help of MADdash since my above post, being more cautious and waiting for an ABCD setup.
I'd be interested in how you guys confirm a signal that MADdash gives. Do you get confirmation from other indicators or candlestick setups like I mentioned above?
  • #910
  • Oct 16, 2015 9:30am Oct 16, 2015 9:30am
maddash gap: I see it manual if you compare the numbers. looking for 4x row TF blocks same and higher number in a row is the strongest pair, just check chart for any SR
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #911
  • Oct 18, 2015 2:49am Oct 18, 2015 2:49am
Great thread!
Spending the weekend in reading.
In the documentation is explaind that the value of a pair is not the same as in the specific currency summary.
But i can not find how it is calqulated. Because i like to understand the dashboard, can someone help me out?
Thanks for al the good work, and happy trading.
  • #912
  • Oct 18, 2015 11:15am Oct 18, 2015 11:15am
Quoting 919gilead
{quote} Hi Drona, You may want to consider the way I achieve the same goal for now by using 2 of the indicator as shown below, if it doesn't affect your other indicators {image} I trade in the direction of the M30 & H1 setup (trend) when the M1 to M15 TFs recycle (or pullback) and resume in their direction. Here's an EURAUD example {image} And this is the MTF MA Cross with Alert in case anybody finds it useful {file} Shalom
Hi =919gilead
I test MTF MA Cross . but All arrow is small . In fact, all one size.
Thanks
  • #913
  • Oct 19, 2015 2:07am Oct 19, 2015 2:07am
Quoting ahhamidz
{quote} Hi =919gilead I test MTF MA Cross . but All arrow is small . In fact, all one size. Thanks
You can change the arrows to any size you want. I use different size & color for different TFs, and ensure the color of the MTF MA Cross w Alert is the same with my MTF MA lines.

Shalom
Attached Image (click to enlarge)
Click to Enlarge Name: MTF MA Cross w Alert Settings.gif Size: 100 KB
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  • #914
  • Oct 19, 2015 4:47am Oct 19, 2015 4:47am
Quoting 919gilead
{quote} You can change the arrows to any size you want. I use different size & color for different TFs, and ensure the color of the MTF MA Cross w Alert is the same with my MTF MA lines. Shalom {image}
Thank you for the good and fast support
  • #915
  • Oct 19, 2015 4:59am Oct 19, 2015 4:59am
Trying to get a sense of who's using what MA settings for the different time frames.

1. Do you guys use the same MA value setting across all the the time frames, or different MA settings?

2. Thought I came across a few years back that different MA settings work better with specific TF.

3. Anyone tried FIB MA settings like 5, 8, 13, 21, 34 and 55?
  • #916
  • Oct 19, 2015 5:33am Oct 19, 2015 5:33am
Started to use the DB by using the highest TF. Was very succesfull on EURNZD short.
Was late for EURGBP. Still trying the short.
Looking backwards the MTF_MA_Cross (H1) looks to do a good job.
The reason i start with the highest TF is it gives me more time to take relaxed decissions. (I am an old man).
  • #917
  • Edited 9:26am Oct 19, 2015 7:46am | Edited 9:26am
Just like to thank the creators of this. I have been trading forex for nearly 5 years now. With my settings and tweaks to this I have now made my whole trading style of complete destruction, 95% semi automated.

Running 5 different instances, each with different timeframes and settings.

Blown my mind the accuracy and the fact its everything i look for 10 hours + a day. INSTANT.

Expect payment.

Cheers.
Chuck.Aus
  • #918
  • Oct 19, 2015 8:53am Oct 19, 2015 8:53am
Quoting Chuck.Aus
Just like to thank the creator of this.
See post #1
It never gets easier, you just get better
  • #919
  • Oct 19, 2015 12:52pm Oct 19, 2015 12:52pm
Dear mr honestknave is it possible to explain how the derived value for the pairs is calqulated?
I like to realy understand the DB
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 495 KB
  • #920
  • Oct 19, 2015 1:34pm Oct 19, 2015 1:34pm
Quoting pcorneli
Dear mr honestknave is it possible to explain how the derived value for the pairs is calqulated? I like to realy understand the DB {image}
Hello pcorneli,

Hopefully this will explain the derived values - please let me know if you need any further explanation.

I didn't pick the best example because there is a 1 pip rounding difference for the display, but hopefully you get the idea.

Attached Image (click to enlarge)
Click to Enlarge Name: explanation.png Size: 46 KB
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