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MACD Overlay/Bar

PostPosted: Fri Dec 16, 2011 5:41 am
by Apprentice
MACD.png

MACD Overlay.lua
(4.2 KiB) Downloaded 2070 times

MACD Bar.lua
(2.95 KiB) Downloaded 1944 times

MACD Overlay With Alert.lua
(14.18 KiB) Downloaded 1178 times

Compatibility issue fixed.
_Alert Helper is not longer needed.
MACD Overlay.png

MTF MCP MACD Overlay Heat Map.lua
(11.05 KiB) Downloaded 1117 times


MT4/MQ4 version
viewtopic.php?f=38&t=70351

Indicator based strategy.
viewtopic.php?f=31&t=70424

Re: MACD Overlay/Bar

PostPosted: Sat Dec 17, 2011 5:31 pm
by biggiesmalls
Thanks for the indicator. Any way we could have it setup to where it can show us data on a higher time frame and place it on a lower time frames chart? I know currently I can post the indicator on a chart and APPLY it to a higher time frame in Marketscope, but the problem is for example, I'll use this on a 15 minute chart and apply the MACD bar indicator to a 1-hour chart; but while I'm looking at the 15-minute chart, the MACD bar indicator is showing one FAT bar for four candles of price.

Does my request make any sense?

Re: MACD Overlay/Bar

PostPosted: Mon Dec 19, 2011 4:49 am
by Apprentice
Probably yes. I will think about it. But in my opinion, this solution is also appropriate.
The truth we needs to learn to read it.

Re: MACD Overlay/Bar

PostPosted: Mon Nov 05, 2012 4:54 pm
by trader-muc
is it possible to get the following price overlay indicator ?

green candles : MACD over zero line
red candles: MACD below zero line

Thank you so much !

Re: MACD Overlay/Bar

PostPosted: Tue Nov 06, 2012 7:22 am
by Apprentice
Your request is added to the development list.

Re: MACD Overlay/Bar

PostPosted: Tue Nov 06, 2012 1:08 pm
by Alexander.Gettinger
trader-muc wrote:is it possible to get the following price overlay indicator ?

green candles : MACD over zero line
red candles: MACD below zero line

Thank you so much !


Download:
MACD Overlay2.lua
(3.74 KiB) Downloaded 1297 times

Re: MACD Overlay/Bar

PostPosted: Tue Jul 09, 2013 5:36 pm
by Jeffreyvnlk
Alexander.Gettinger wrote:
trader-muc wrote:is it possible to get the following price overlay indicator ?

green candles : MACD over zero line
red candles: MACD below zero line

Thank you so much !


Download:
MACD Overlay2.lua


Thank you for this great indicator
Could you elaborate further by adding 1 more condition : MACD also must stay above the signal line, otherwise the price bars not painted as green any more and back to the default color on Market Scope
Vice versa, the price bars painted as red only 2 conditions met: MACD below zero line and MACD below the signal line as well
Thank you

Re: MACD Overlay/Bar

PostPosted: Wed Jul 10, 2013 7:20 am
by Apprentice
Your request is added to the development list.

Re: MACD Overlay/Bar

PostPosted: Wed Sep 11, 2013 4:27 am
by Apprentice
Additional algorithms / filters added.

Re: MACD Overlay/Bar

PostPosted: Fri Nov 15, 2013 12:19 am
by udaysharma
Hello There
Can you please add RED (as sell signal) & GREEN (as buy signal) ARROW with ALERT,to this.
I shall be very thankfull to you.

Regards
Uday Sharma