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Posted

Metatrader has a very weird standard MACD which doesn't show the Histogram correctly. After searching the internet extensively, I finally found an MACD that plots the histogram correctly. Also, this MACD allows you to color code it so for instance when the histogram is above zero it's blue and below zero it's red...

 

I'd greatly appreciate it if someone could code message and sound alerts when the histogram crosses the zero line. Wasn't sure if you needed the .ex4 or the .mq4 or both to do this so I included both. ThanX!

 

 

Anyone is welcome to download this indicator if you like. I find it very useful, especially if you use a Hull MA to confirm!

 

MACD Adjustable.ex4:

http://www.mediafire.com/download.php?nlhby0kgkmegzyv

 

MACD Adjustable.mq4:

http://www.mediafire.com/download.php?qxq8uvhfxdr9rdi

  • 1 month later...
Posted (edited)

To me your MACD Adjustable looks like an OSMA.

The OSMA which I used has all the Alerts (and more) you requested.

 

http://b.imagehost.org/view/0588/MACD_OSMA%5D%5Bimg%5Dhttp://b.imagehost.org/t/0588/MACD_OSMA.jpg

Here is the indicator:

http://www.multiupload.com/8YDXDDE4IA

http://b.imagehost.org/0588/MACD_OSMA.jpg

Edited by fxeasy5

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