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Re: MACD indicators for MT4

Posted: Mon Mar 25, 2019 9:48 pm
by redwed
Hello mr mntiwana. Can you point me where can i get the macd with divergence?
mntiwana wrote: Mon Feb 18, 2019 7:00 am "TMA centered MACD v1 MTF TT"

Re: MACD indicators for MT4

Posted: Mon Mar 25, 2019 10:23 pm
by Jimmy
redwed wrote: Mon Mar 25, 2019 9:48 pm Hello mr mntiwana. Can you point me where can i get the macd with divergence?

If you are looking for a standard MACD with Divergence this is Mrtools's beautifully coded MACD with (Classic and Hidden) Divergence for MT4 which also includes Dots option, Alerts and more :)

Re: MACD indicators for MT4

Posted: Thu Mar 28, 2019 2:37 pm
by redwed
Jimmy wrote: Mon Mar 25, 2019 10:23 pm
If you are looking for a standard MACD with Divergence this is Mrtools's beautifully coded MACD with (Classic and Hidden) Divergence for MT4 which also includes Dots option, Alerts and more :)
[/quote]

Here is the indicator, installed in my chart. The display doesn't match yours...

Re: MACD indicators for MT4

Posted: Thu Mar 28, 2019 2:40 pm
by Jimmy
redwed wrote: Thu Mar 28, 2019 2:37 pm
Here is the indicator, installed in my chart. The display doesn't match yours...
You have chosen to display the "Dots" option. Turn this option off by chosing "False". It's the last option

Re: MACD indicators for MT4

Posted: Thu Mar 28, 2019 2:43 pm
by redwed
Jimmy wrote: Thu Mar 28, 2019 2:40 pm
You have chosen to display the "Dots" option. Turn this option off by chosing "False". It's the last option
Thank you for the clarification.

Re: MACD indicators for MT4

Posted: Thu Mar 28, 2019 2:50 pm
by Jimmy
redwed wrote: Thu Mar 28, 2019 2:43 pm Thank you for the clarification.
Any time mate! :thumbup:

Re: MACD indicators for MT4

Posted: Thu Mar 28, 2019 3:13 pm
by redwed
Jimmy wrote: Thu Mar 28, 2019 2:50 pm

Any time mate! :thumbup:
The divergence made a great setup in my chart.

Re: MACD indicators for MT4

Posted: Thu Mar 28, 2019 3:16 pm
by Jimmy
redwed wrote: Thu Mar 28, 2019 3:13 pm The divergence made a great setup in my chart.
Very nice trading opportunities indeed. Where's the MACD indicator hiding? :razz:

Re: MACD indicators for MT4

Posted: Thu Mar 28, 2019 8:01 pm
by Jimmy
Here's another very good indicator by Mladen that was missing form our forum. The Volume Weighted MACD as a standalone indicator for MT4.

As explained by Mladen:
This indicator (along with the volume weighted EMA) was made according to the article by David Hawkins published in October 2009 issue of TASC (this article : Volume-Weighted Macd Histogram )

As it is explained in the article, additional "adapting" is done by using the volume which should ensure better response in times of high volume trading times. Test it, if possible, on symbols that do have "real" volumes

PS: left the possibility to enter fractional periods for calculations (EMA period does not have to be integer value at all, so left that possibility too)

Re: MACD indicators for MT4

Posted: Fri Mar 29, 2019 1:39 am
by redwed
Jimmy wrote: Thu Mar 28, 2019 3:16 pm
Very nice trading opportunities indeed. Where's the MACD indicator hiding? :P
Actually i use the logic behind the indicator (divergence) and think about trading the divergence following current trend. I used rooster (an indicator that combine max to 5 indicators & 4 rules) that sold in the mql markets.

Divergence is one of the best way to spot trading opportunity in trending market..