Blue means all 3 MACDs are up, Red means all 3 MACDs are down. If gray then not all 3 MACDs in same dir.

Multi time frame Simple MACD system

Did you set AutoParams=false? Regards Mike

Multi time frame Simple MACD system

I've modified the indicator so now the signals only fire if there is a change in colour, which is how it should be! I also added push notifications as well. Regards Mike

Multi time frame Simple MACD system

Based on orid success i have updated the EA to allow the MA check to be turned off for those wanted to test on H1 with no MA. Everything else is the same, i think all bugs are ironed out but let me know if you see any spurious entries or BE now ...

Multi time frame Simple MACD system

I know what you mean about chart clutter, what i am trying to do is find filters for the EA that in manual trading dont apply as visually and "gut feel" stop bad trades. If the pair has already covered its daily range its less likely (this is forex ...

Multi time frame Simple MACD system

Ok, i've been playing around with code and added the daily range to the indicator. So now if you check the data window it shows CandleSize, ADR, RoomUp, RoomDown, Trade and No Trade. Also if the blue bar is only half it means the CandleSize is ...

Multi time frame Simple MACD system

A full version will be released once we are happy it works correctly, the limitation is more to make sure people dont lose money trading it live before we have ironed out all the bugs. It doesn't matter how many disclaimers you write people still ...

Multi time frame Simple MACD system

Should the ADR calculation include the sunday candles on H4 and H1 charts? I think the current calculation includes the sunday candles and this may skew the values slightly. Let me know your thoughts. Regards Mike

Multi time frame Simple MACD system

I've been doing some more testing with the EA ans i noticed that it was misreading the indicators. I've been through the code and found a typo which has now been fixed, not sure how i missed it but i'm happy now it works as required (like the ...

Multi time frame Simple MACD system

Slight mod to the CheckADR indicator, i noticed that it wasn't refreshing properly so changed some of the logic and now seems to update each bar correctly now.

Multi time frame Simple MACD system

orid nice trades, what value for MA are you using? Here is an indicator that plots blue when the candle size is greater than the MinCandleSize(25pips) but less than the ADR and red if outside this range. Should help visualise when backtesting, if ...

Multi time frame Simple MACD system

I like to add the option to turn on/off filters when testing as it gives more flexibility and code wise it is very simple to implement. I don't really have the time to test thoroughly so it is good that others can help do this, that is why i like to ...

Multi time frame Simple MACD system

Here is the EA updated to check if the candle size is greater than the ADR skip the trade. You can turn the filter on/off using UseADR=true/false. The ADR is based on the following calculation taken from the indicator code: I'll update the indicator ...

Multi time frame Simple MACD system

That trade i posted for GU H4 was invalid looking back at the picture in post#399. But i was looking at ADR, see pic and indicator attached, and i reckon a good filter apart from a minimum candle size of 25pips would be if the candle size is greater ...

Multi time frame Simple MACD system

I think we need to find a way to distil that into the EA. Here is a trade the EA took on GU. I think maybe a max candle size might help to stop reversals like this one. Maybe use and ATR/ADR ratio so changes per pair or we manually fix per pair from ...

Multi time frame Simple MACD system

garfield75 sent me a email to update the EA with the following criteria: 1) EA shouldn't take any trade on monday till london opens. (ignore first 2 candles of the week). 2) EA shouldn't take any trade on Friday after london opens. (ignore last 4 ...

Multi time frame Simple MACD system

Baggi you need the 3colormacd.mq4 indy as well as the new indy in the indicators directory as it uses that for its signals. I've attached it below for you. Regards Mike

Multi time frame Simple MACD system

I do know what you mean and MT4 is crap really but it is the easiest way to trade for most retail traders. You stated earlier you are new to MT4, and that is why i wrote to he indicator to make life easier, i will look at the alert code again. As ...

Multi time frame Simple MACD system

luvene This is the problem with MT4, on different brokers you can get different results. The picture below is my EJ H4 chart and all the bars are correct. I have tested it on TradeFort as well and the bars match right. I agree the alerts are not ...

Multi time frame Simple MACD system

How does this look for an entry? Regards Mike

Multi time frame Simple MACD system