MTF MCP Price MA Difference

Here you can post and download custom indicators. PLEASE: Do not start topics unless you are posting your own indicator, they will be moved to appropriate section even if you do.

Moderator: admin

MTF MCP Price MA Difference

Postby Apprentice » Mon May 13, 2013 6:22 am

MTF MCP Price MA Difference.png

The indicator will show the difference between the moving average and closing prices.
The value can be displayed as Pip or absolute value.
Color indicates that the difference is reduced (red) or increase (green).
MTF MCP Price MA Difference.lua
(9.11 KiB) Downloaded 1018 times

MT4/Mq4 version.
viewtopic.php?f=38&t=64777
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 36341
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: MTF MCP Price MA Difference

Postby Fx4mt.com » Mon May 13, 2013 8:37 am

Thank you Apprentice, excellent work. I truly appreciate this :)
Fx4mt.com
 
Posts: 36
Joined: Tue Jan 15, 2013 1:19 pm

Re: MTF MCP Price MA Difference

Postby jgras002 » Mon May 13, 2013 8:45 am

This is great! Thank you very much for doing this!
jgras002
 
Posts: 3
Joined: Tue Apr 30, 2013 3:00 pm

Re: MTF MCP Price MA Difference

Postby Fx4mt.com » Thu May 16, 2013 9:59 am

Upon further review, it does not appear that this indicator is calculating correctly. Not entirely sure what the data is being populated. Perhaps the averages are getting confused by different time frames? I've attached a screenshot of the erroneous values using 34 EMA.

Hoping for current Daily Price - Daily EMA Close, current 4h price - 4h EMA close, current 1h price - 1h EMA Close etc. The overall indicator layout is great, just hoping to get those values corrected.
Again I really appreciate your work on this, it's helping me greatly.

Almost every indicator I use has been one of your designs and I am very, very grateful :)
Attachments
Indicator.PNG
Fx4mt.com
 
Posts: 36
Joined: Tue Jan 15, 2013 1:19 pm

Re: MTF MCP Price MA Difference

Postby Fx4mt.com » Thu May 16, 2013 10:12 am

Upon further examination I think I found my issue. Price is calculated off the current Daily Candle close? Would it be possible to do it off current price? i.e Current Price - Current Daily EMA Close etc?
Fx4mt.com
 
Posts: 36
Joined: Tue Jan 15, 2013 1:19 pm

Re: MTF MCP Price MA Difference

Postby Apprentice » Fri May 17, 2013 3:02 am

Current Daily Candle close and current price, will have same value?!
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 36341
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: MTF MCP Price MA Difference

Postby Fx4mt.com » Fri May 17, 2013 8:23 am

My apologies I made that a bit confusing. Just looking for current price - daily EMA, current price - 4h EMA etc. I confused things when I said time frames price. Only looking to use the current price, not the closing price. Greatly appreciated.
Fx4mt.com
 
Posts: 36
Joined: Tue Jan 15, 2013 1:19 pm

Re: MTF MCP Price MA Difference

Postby speakinmymind » Mon Jun 03, 2013 11:40 pm

Could you please convert the numerical values to pips for each pair? That would be very useful
speakinmymind
FXCodeBase: Graduate
 
Posts: 320
Joined: Thu Feb 28, 2013 8:18 am

Re: MTF MCP Price MA Difference

Postby speakinmymind » Tue Jun 04, 2013 9:56 pm

speakinmymind wrote:Could you please convert the numerical values to pips for each pair? That would be very useful


I apologize, I didn't read the post before I posted... opps
speakinmymind
FXCodeBase: Graduate
 
Posts: 320
Joined: Thu Feb 28, 2013 8:18 am

Re: MTF MCP Price MA Difference

Postby Apprentice » Thu May 03, 2018 4:05 pm

The indicator was revised and updated.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 36341
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia


Return to Custom Indicators

Who is online

Users browsing this forum: Baidu [Spider], Google [Bot] and 32 guests