Indicators: FX5_MACD_Divergence - page 4
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
richeyeo: Hi, could anyone advise me how to instal this indicator on my MT4 platorm. Do I require the .ex4 file. How could I convert the FX5_MACD_Divergence_V1.1.mq4.
Thank so much
Very good indicator. You need to test to believe how powerful is. Just after a few test It becomes one of my most useful tools.
You copy it to you indicators directory (on my machine it is : C:\Program Files (x86)\MetaTrader - Alpari UK\experts\indicators), then you open the MT4 terminal, go Tools -> "Meta quotes language editor". When the editor opens, on your right expand "indicators" double click on the file you copied (should be there) once the file open you can see the code... then click the compile button...once compile you can add the indicator as normal indicator via the terminal Insert-> Indicators-Custom
Hope this helps..
Thanks soooooooooooooooooooooooooo much, do you have a free EA for it ? please let me know,
hatami1361@hotmail.com
Hi!
I am trying to build an EA based on this indicator and others, but I am honestly a newbie in programming. I have difficulty in creating the trigger to open a correct buy / sell order when the signal is given by this indicator. I was assuming that bullish divergence signal is geven when the value of buffer #0 is ddifferent from 0. but in this case orders happen to be done in every bar. this is how I am going to check for the signal... can you help me to understand where I am wrong? Looking at the data Window this should be correct!
IF (iCustom(NULL,0,"FX5_MACD_Divergence_V1.0",separator1,fastEMA,slowEMA,signalSMA,separator2,drawIndicatorTrendLines,drawPriceTrendLines,displayAlert,0,1) != 0)
Lorenz
Hi!
I am trying to build an EA based on this indicator and others, but I am honestly a newbie in programming. I have difficulty in creating the trigger to open a correct buy / sell order when the signal is given by this indicator. I was assuming that bullish divergence signal is geven when the value of buffer #0 is ddifferent from 0. but in this case orders happen to be done in every bar. this is how I am going to check for the signal... can you help me to understand where I am wrong? Looking at the data Window this should be correct!
IF (iCustom(NULL,0,"FX5_MACD_Divergence_V1.0",separator1,fastEMA,slowEMA,signalSMA,separator2,drawIndicatorTrendLines,drawPriceTrendLines,displayAlert,0,1) != 0)
Lorenz
Hi!
I am trying to build an EA based on this indicator and others, but I am honestly a newbie in programming. I have difficulty in creating the trigger to open a correct buy / sell order when the signal is given by this indicator. I was assuming that bullish divergence signal is geven when the value of buffer #0 is ddifferent from 0. but in this case orders happen to be done in every bar. this is how I am going to check for the signal... can you help me to understand where I am wrong? Looking at the data Window this should be correct!
IF (iCustom(NULL,0,"FX5_MACD_Divergence_V1.0",separator1,fastEMA,slowEMA,signalSMA,separator2,drawIndicatorTrendLines,drawPriceTrendLines,displayAlert,0,1) != 0)
Lorenz
value1=iCustom(Symbol(),Period(),"FX5_MACD_Divergence_V1.1",
separator1,fastEMA,slowEMA,signalSMA,separator2,drawIndicatorTrendLines,drawPriceTrendLines,displayAlert,0,2);
value2=iCustom(Symbol(),Period(),"FX5_MACD_Divergence_V1.1",
separator1,fastEMA,slowEMA,signalSMA,separator2,drawIndicatorTrendLines,drawPriceTrendLines,displayAlert,1,2);
if(value1<100) ordersend(buy);
if(value2<100) ordersend(sell);
value1=iCustom(Symbol(),Period(),"FX5_MACD_Divergence_V1.1",
separator1,fastEMA,slowEMA,signalSMA,separator2,drawIndicatorTrendLines,drawPriceTrendLines,displayAlert,0,2);
value2=iCustom(Symbol(),Period(),"FX5_MACD_Divergence_V1.1",
separator1,fastEMA,slowEMA,signalSMA,separator2,drawIndicatorTrendLines,drawPriceTrendLines,displayAlert,1,2);
if(value1<100) ordersend(buy);
if(value2<100) ordersend(sell);
Woud it be possible for the custom indicator to return if its classical/reverse divergence, be it bullish/bearish? I have logged out value1 and value2 to observe the pattern and it does not seem to show any consistent patterns that are able to identify if the divergence is classical or reverse...any enlightenment is highly appreciated?
Thanks a million for your efforts, brilliant idea.