Attachments: MADdash (Moving Average Distance)

MADdash (Moving Average Distance)

#1,301
Edited 6:53pm May 11, 2016 4:22pm | Edited 6:53pm

AgaJo
| Joined Mar 2016 | Status: Trader | 52 Posts

Bag a few good pips with EU with the help of MADdash.

~~I have one question though, how can I make the alert function work? (topright portion)~~

Thanks so much.

EDIT: Never mind, found it

got it working already. Thanks.

AUDN was able to jump on it and still going down

Attached Image (click to enlarge)

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Name: USDCHFH1_sell.png
Size: 144 KB

If you do not risk it, you cant make it, you cant risk nothing for somethin

#1,302
May 11, 2016 8:53pm May 11, 2016 8:53pm

lctrader11
| Joined Mar 2016 | Status: Trader | 297 Posts

Hey AgoJo....would you care to enlighten me? Can you configure it to put up a separate alert window or email you?

#1,303
May 12, 2016 2:20am May 12, 2016 2:20am

AgaJo
| Joined Mar 2016 | Status: Trader | 52 Posts

Quoting 919gilead

Disliked

{quote}

Ignored

Hi 919glead, thanks for sharing this system. I was able able to gain some pips with EU, AUD,NZD and JPY pairs with MADdash. But I always get in halfway of the trend. Would you care sharing at what TF do you check to be able to get it at the start of the trend? Do you use specfic pip distance to get in?

AJ

Quoting lctrader11

Disliked

Hey AgoJo....would you care to enlighten me? Can you configure it to put up a separate alert window or email you?

Ignored

Hi LCTrader, I dont think there is an option for Email alert, but yes, it does have a pop up alert option under the inputs tab.

Attached Image (click to enlarge)

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Name: alertMADdash.png
Size: 94 KB

If you do not risk it, you cant make it, you cant risk nothing for somethin

#1,304
May 12, 2016 9:36am May 12, 2016 9:36am

lctrader11
| Joined Mar 2016 | Status: Trader | 297 Posts

AJ...thanks for the reply and the pic...

919glead - How would I differentiate between "pips or % ATR? In the example above, what does "15" refer to; pips or %ATR? It would necessarily be the same would it?

#1,305
Edited 1:30pm May 12, 2016 1:19pm | Edited 1:30pm

919gilead
Joined Jul 2010 | Status: Great hopes make great men | 2,043 Posts

Quoting AgaJo

Disliked

{quote} Hi 919glead, thanks for sharing this system. I was able able to gain some pips with EU, AUD,NZD and JPY pairs with MADdash. But I always get in halfway of the trend. Would you care sharing at what TF do you check to be able to get it at the start of the trend? Do you use specfic pip distance to get in?

Ignored

Hi AgaJo,

You're welcome buddy

I trade off M30/H1 trend but enter on either the M1 and M5 TFs. I use the MA Channel of high and low of both TFs - sometime 21 or 35 or 37 of EMA/SSMA/LWMA at different times and enter after the M30 candle breaking out of the channel as per enclosed GJ chart.

Attached Image (click to enlarge)

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Name: GJ Chart1.gif
Size: 41 KB

Shalom

Low Risk Low Stress High Reward High Probability Trades

#1,306
May 12, 2016 1:27pm May 12, 2016 1:27pm

919gilead
Joined Jul 2010 | Status: Great hopes make great men | 2,043 Posts

Quoting lctrader11

Disliked

919glead - How would I differentiate between "pips or % ATR? In the example above, what does "15" refer to; pips or %ATR? It would necessarily be the same would it?

Ignored

Ictrader,

The attached should answer your questions. The default is in pips and you have other options there for ATR and ADR. The 15 refers to the option you choose.

Attached Image (click to enlarge)

Click to Enlarge

Name: MADdash - IcTrader.gif
Size: 41 KB

Shalom

Low Risk Low Stress High Reward High Probability Trades

#1,307
May 13, 2016 11:25pm May 13, 2016 11:25pm

simnz
Joined Nov 2015 | Status: Trader | 2,525 Posts

Quoting 919gilead

Disliked

{quote} Hi AgaJo, You're welcome buddy I trade off M30/H1 trend but enter on either the M1 and M5 TFs. I use the MA Channel of high and low of both TFs - sometime 21 or 35 or 37 of EMA/SSMA/LWMA at different times and enter after the M30 candle breaking out of the channel as per enclosed GJ chart. {image} Shalom

Ignored

919gilead has provided a powerful , less stressful and profitable scalping system for short-term and intra-day trading.

I also use the discretionary technique with MADASH as compass for entry but I use different tools. I am a huge risk-taker so I trade on news events as well again using MADDASH as my navigator.

My routine on a daily basis:

I check 5 previous days' high and low using multipips dashbaord or any website to determine the expected volatility in pips and take an average of 5 days.

I scan economic calendar to check what events could act as trigger points and contemplate pre-announcement and post-announcement scenarios that could play out in the event surprises take place. Will it result in reversal or retracement ? This is always in my mind. Some websites also give an idea of how to act based on previous metrices linked to the numbers that were announced. We have to be guided by past actions or if not, by our own intuition, if we are to trade on economic events.

In case of a couple of economic events affecting a single currency the possibility of retracements, pullbacks and fake reversals/corrections need to be considered. I love these roller-coaster rides. Such a day provides good trading opportunities and potential to earn in a day what you expect to earn in a month.

Trading technique:

I calculate manually five days daily average pips and use markers to print Up and Down boundaries of the ATR/ADR range and estimate volatility that can happen on my trading day. I also use EMA offset bands to mark pip boundaries directly linked to Moving Averages.

You have a good choice of tools - channels, boxes, bands, ribbons, rainbows, shades, etc. - to use on time based MAs (M1 , M30, M60 is my choice) to point out or even print expected positions for entry and profit/loss exits.

Practice makes a person perfect

#1,308
May 14, 2016 3:18pm May 14, 2016 3:18pm

allanpizzoni
| Joined Feb 2016 | Status: Trader | 10 Posts

Quoting 919gilead

Disliked

{quote} Hi AgaJo, You're welcome buddy I trade off M30/H1 trend but enter on either the M1 and M5 TFs. I use the MA Channel of high and low of both TFs - sometime 21 or 35 or 37 of EMA/SSMA/LWMA at different times and enter after the M30 candle breaking out of the channel as per enclosed GJ chart. {image} Shalom

Ignored

Hey man,

Awesome Trading! You should create a thread/forum teaching your scalping strategy using the MDASH and CDASH.....ever gave that a thought?

#1,309
May 17, 2016 12:26am May 17, 2016 12:26am

919gilead
Joined Jul 2010 | Status: Great hopes make great men | 2,043 Posts

Quoting allanpizzoni

Disliked

{quote} Hey man, Awesome Trading! You should create a thread/forum teaching your scalping strategy using the MDASH and CDASH.....ever gave that a thought?

Ignored

Thank you Allan. Will consider doing that in the future but probably not NOW

Low Risk Low Stress High Reward High Probability Trades

#1,310
May 17, 2016 4:29am May 17, 2016 4:29am

omrangassan
| Joined Sep 2007 | Status: Trader | 157 Posts

Quoting 919gilead

Disliked

{quote} Thank you Allan. Will consider doing that in the future but probably not NOW

Ignored

Thanx @919gilead & @honestknave

is there any way to extract the numbers FROM the table MT4 into Excel ?
i attached screenshot to show the #'s of table i mean.

thanx

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#1,311
Edited 9:13am May 24, 2016 8:24am | Edited 9:13am

Scottlouie
| Joined May 2014 | Status: Trader | 2 Posts

For whatever reason my broker doesn't offer CADCHF but does have CHFCAD

Attached Image

Surely I am not alone . . . any chance of making it a variable ?

The thing is it's absence is affecting the overall calculations
.

#1,312
May 27, 2016 5:18am May 27, 2016 5:18am

MathiasJ
| Joined Dec 2011 | Status: Trader | 12 Posts

Quoting omrangassan

Disliked

{quote} Thanx @919gilead & @honestknave is there any way to extract the numbers FROM the table MT4 into Excel ? i attached screenshot to show the #'s of table i mean. thanx {image}

Ignored

Hi!
You can actually read the information from the objects on the chart...

Here is a sample where I read the Alerts from the chart:

string GetMADAlertPair(int Nr)
{
string sMADdashPair = "MADdashx";
return(ObjectGetString(MADdashChart, sMADdashPair+IntegerToString(Nr), OBJPROP_TEXT));
}

string GetMADAlertDirection(int Nr)
{
string sMADdashDirection = "MADdasha";
return(ObjectGetString(MADdashChart,sMADdashDirection+IntegerToString(Nr),OBJPROP_TEXT ));
}

But at first you need the id of the chart, like this:

long FindMADdashChart()
{
long currChart,prevChart=ChartFirst();
int i=0,limit=100;
string sObjectName = "MADdash1";
if(ObjectFind(prevChart, sObjectName)>=0) {
return prevChart;
}
else {
while(i<limit)// We have certainly not more than 100 open charts {
currChart=ChartNext(prevChart); // Get the new chart ID by using the previous chart ID
if(currChart<0) break; // Have reached the end of the chart list
if(ObjectFind(currChart, sObjectName)>=0) return(currChart);
prevChart=currChart;// let's save the current chart ID for the ChartNext()
i++;// Do not forget to increase the counter
}
}
Print("Missing MADdash indicator!");
return(0);
}

Make sure you do not have more than one MADdash in your MT4 or it will maybe not work.
Then you need to find out the object names that store the values you are interested in.
It means some investigation but eventually you will see the pattern.
Also make sure that you sort the table in a smart way so that the pairs do not bounce up and down too much in the table.
Good luck!

#1,313
May 28, 2016 11:22pm May 28, 2016 11:22pm

Kammgcni
| Joined Aug 2013 | Status: Trader | 206 Posts

Thanks all FF members. My question is that can we include other pairs also in dashboard. Like i am interested to see commodities in dashboard. Is it possible?

#1,314
May 29, 2016 9:25pm May 29, 2016 9:25pm

omrangassan
| Joined Sep 2007 | Status: Trader | 157 Posts

Quoting MathiasJ

Disliked

{quote} Hi! You can actually read the information from the objects on the chart... Here is a sample where I read the Alerts from the chart: string GetMADAlertPair(int Nr) { string sMADdashPair = "MADdashx"; return(ObjectGetString(MADdashChart, sMADdashPair+IntegerToString(Nr), OBJPROP_TEXT)); } string GetMADAlertDirection(int Nr) { string sMADdashDirection = "MADdasha"; return(ObjectGetString(MADdashChart,sMADdashDirection+IntegerToString(Nr),OBJPROP_TEXT )); } But at first you need the id of the chart, like this: long FindMADdashChart() { long...

Ignored

thanx sir

but i'm null into programming.
- where shall i copy/paste/save your script ?
- where to drop it ?
- where the script will save the numbers & objects ?
- may you please do a favor and go for example ?

Thanx bro

#1,315
May 30, 2016 12:07pm May 30, 2016 12:07pm

MathiasJ
| Joined Dec 2011 | Status: Trader | 12 Posts

Quoting omrangassan

Disliked

{quote} thanx sir but i'm null into programming. - where shall i copy/paste/save your script ? - where to drop it ? - where the script will save the numbers & objects ? - may you please do a favor and go for example ? Thanx bro

Ignored

Hi!
Unfortunately I do not have the time to code that now. I am busy with other stuff.
Maybe it is actually time for you to try it?
If you learn MT4 programming then a new world of possibilities open up for you.
BR

#1,316
May 30, 2016 5:42pm May 30, 2016 5:42pm

ganduras
| Joined May 2016 | Status: Trader | 12 Posts

hi hosteknave, thank you for creating such amazing instrument!
would u so kind to add email notification

#1,317
May 30, 2016 11:53pm May 30, 2016 11:53pm

Kammgcni
| Joined Aug 2013 | Status: Trader | 206 Posts

Thanks all FF members. My question is that can we include other pairs also in dashboard. Like i am interested to see commodities in dashboard. Is it possible?

#1,318
Jun 1, 2016 9:56pm Jun 1, 2016 9:56pm