Re: MACD indicators for MT4

257
chriseel wrote: Sun Jul 29, 2018 3:26 am I am sure there are a thousand MACD variations, but I need to verify this version from a coders perspective too.
You are correct............... there are many more MACD here which will fulfill your needs............... what u posted in this photo does not look very useable (but pls prove me wrong :shifty:) & curious to know why you need such tool sir?
with the various mtf MACD's here u can achieve same from what I can see :)
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Re: MACD indicators for MT4

258
Truth is I'm curious about the guy that uses them.
If you trade smaller tf's, the problem is that the market trades in various speeds/angles, making it very difficult for one indicator settings to work consistently.
This guy claims that with this indicator he is able to recognize whether we are in a breakout, continuation or reversal mode.

I already trade in a similar way using other tools to determine those phases, but I am willing to experiment further.

Re: MACD indicators for MT4

260
I think he did use few different TSI in sub window and envelopes in main window.
Looks like that chart is 112 ticks line chart, forms a new bar/candle after 112 ticks.

But take 3 different envelopes and trade when all is in harmony and use whatever oscillator to entry. Can not go wrong.