• Squeezed EMA indicator for MT4
• Squeezed EMA of ALMA indicator for MT4
• Squeezed T3 of RSX indicator for MT4
• Squeezed EMA of Stochastic indicator for MT4
• Squeezed T3 (Extended) indicator for MT4

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

• Zero Line Cross Alert
• Momentum "Reversal" Alert

"In the fall of 1986, Tom Aspray completed work on a new indicator: the MACD Histogram/Momentum. The MACD, or Convergence/Divergence, is an excellent indicator, but its signals often lag when run on weekly data. Convergence/Divergence was developed by Gerald Appel, who has created many excellent technical tools.

Tom first presented his work on the MACD at a CompuTrac conference in 1984. At that time, very few analysts were aware of it, much less using it on the commodity markets. Now it is a widely used technical tool.
Tom did some work on optimizing the MACD by testing various combinations of inputs for the three exponential moving averages. Then, by altering the moving average variables, the results are dramatically different.

For example, the default for silver (12 days, 26 days and 9-period exponential average of the difference) were not always profitable, while the (10, 20, 9) combination was profitable 54% of the time, with an average profit of 67.5 points and an average loss of only 34 points.

After studying and using MACD for almost five years, Tom felt that, besides optimization, a method of anticipating crossovers would be a distinct advantage. After looking at (and testing) several alternatives, he found that by running a 10-day momentum (with 3-day smoothing) of the MACD in histogram form (MACD-H), the results were quite good."

Jimmy wrote: Sat Aug 03, 2019 9:36 pm This one was posted by Moderator Mntiwana back in the TSD days which is called the Jurik MACD HL which comes with Multi-timeframe + Interpolation and Arrows and is another indicator that is ideal for novices and scalpers as it helps us forecast range and turning points.

As explained by Mntiwana:
One pretty version with levels by MLADEN is here too,just your first bar option needed,check this one.

regards

some description (Did a jurik mod of Macd high low mtf with arrows and with pearson spearman correlation on the correlation indicator you can choose between spearman or pearson correlation, it draws stop loss lines along with buy and sell arrows when overbought or oversold, the overbought and oversold lines are adjustable in your external parameters

extern double Level = 0.9;

extern double Level_Ex = 0.8; .}

Jimmy wrote: Sat Aug 03, 2019 9:44 pm
Although quite simple in nature, it is ideal for those who are looking for the Traditional MACD Histogram indicator for MT4 with the added:

• When price crosses over the Predictor line, go long.
• When price crosses below the Predictor line, go short.