Volume Weighted MACD
(on/off button)
coder: mladen
Re: MACD indicators for MT4
1042I modify this to monitor many pairs at once.
For me, I use M5 charts.
Re: MACD indicators for MT4
1043Is it possible to do this with unweighted macd?Banzai wrote: Sun Jul 23, 2023 12:06 pm I modify this to monitor many pairs at once.
For me, I use M5 charts.
Thank you
Re: MACD indicators for MT4
1045MACD Histogram With Impulse SystemJimmy wrote: Wed Jan 08, 2020 5:31 pm Thanks for sharing and updating this old gem Mrtools
For those wondering what the "Impulse System" is, it's a simple trading system by Alexander Elder himself which consists of the MACD and the 13 period EMA.
Many traders including LazyBear from Tradingview also incorporate a 65 period EMA to show the prevailing trend.
The rules of the system are:
- Trade short (Sell) when the 13-period EMA falling
MACD(12,26,9) histogram falling- Trade long (Buy) 13-period EMA rising
MACD(12,26,9) histogram rising
Below is the Impulse System for MT4 with which includes the 65 EMA & 13 EMA (in Moving Average Ribbon form) as well as the WIS MACD by Vladimir Gospodinov which was purposely designed for this system.
A PDF has also been attached which includes information on Elder's systems.
PS: Thanks to Mrtools's MTF + Interpolation this system works very well on the 1 Hour charts using 4 Hour MTF
(on/off button)
+ ahtf (auto higher time frame)
- These users thanked the author Banzai for the post (total 2):
- Jimmy, TransparentTrader
Re: MACD indicators for MT4
1047MACD
No Interpolation.
If you need Interpolation, ask MrTool over here:
viewtopic.php?f=579496&t=8418142
Re: MACD indicators for MT4
1048Thank youBanzai wrote: Sun Jul 30, 2023 12:54 pm MACD
No Interpolation.
If you need Interpolation, ask MrTool over here:
viewtopic.php?f=579496&t=8418142
Re: MACD indicators for MT4
1049Does anybody know if the bottom indicator in this video named -- TFF_FX -- is a renamed MACD indi ( it looks like it ) and if it is available somewhere here ? If you pause video at 16:04 you can see the settings of the indicator. He gives a download link to the system but when I go there I get a Virus warning.
https://www.youtube.com/watch?v=HLar_5LGbF8
https://www.youtube.com/watch?v=HLar_5LGbF8
Re: MACD indicators for MT4
1050MACD Above Below Bars
(on/off button)
If MACD is above zero, then color the candles with blue colors.
If MACD is below zero, then color the candles with red colors.
(on/off button)
If MACD is above zero, then color the candles with blue colors.
If MACD is below zero, then color the candles with red colors.