So, I have a couple more requests. I'm browsing the Babypips forum, and I see Tymen has a new method for trend trading in the works- it looks like it could be more profitable than my standard trend line fare, so I figure I'll give it a try. Only problem is, it uses 2 indicators I don't have.
I tried to edit the existing code for Marketscope 2.0, but I just created an abomination, so I figured I should ask people who know what they're doing.
So, I'd really appreciate 2 indicators. One, is a Guppy's Multiple Moving Average (GMMA). It consist of:
6 blue [short] EMA's - 3, 5, 8, 10, 12, 15 periods apiece.
6 Red [long] EMA's - 30, 35, 40, 45, 50, 60 apiece.
That's all. I figure it should be relatively simple to do.
The next one, is an edited MACD, called the MMACD (creative). I have the CTL code for it, which is as follows:
indicator A_mmacd_only ;
draw zeroline("zeroline", solid_line, dark_magenta,2),
mmacd("MMACD", solid_line, blue,2);
vars shortav(series), longav(series);
begin
zeroline := makeseries (front(close), back(close), 0);
shortav := ema(close,3)+ ema(close,5)+ ema(close,8)+ ema(close,10)+ ema(close,12)+ ema(close,15);
longav := ema(close,30)+ ema(close,35)+ ema(close,40)+ ema(close,45)+ ema(close,50)+ ema(close,60);
mmacd := ((shortav-longav)/longav)*100;
end.
Which is basically an average of the closes of the candles (the long and short emas), with an average line in the middle.
Any help I could get with this would be greatly appreciated.