#custom indicator

[fxswingtrading]

How To Code Custom Indicator In MQL4? - Forex Robot 2.0

If you want to achieve long term success as a trader, then you should become a system trader. A system trader builds mechanical trading systems with clear and unambiguous buy/sell signals, then codes that system into a trading robot. This trading robot comprises of two components: the custom indicator that codes the trading strategy and…Continue Reading →

[trademasterteam]

New Post has been published on TRADE MASTER TEAM

New Post has been published on https://trademasterteam.com/forex-indicator/get-better-forex-entry-signals-macd-indicator-with-email-alerts-and-histogram-for-metatrader-mt4/24929

Get Better Forex Entry Signals - MACD Indicator with Email Alerts and Histogram for MetaTrader MT4

hi traders welcome to this demonstration video of the new MACD turbo indicator jfx variant for Metatrader this is brand new hot off the press this is the 3rd of September 2014 1003 GMT essentially what this is is a complete departure from the standard way of doing things in mt4 currently what this tool allows you to do is control everything in metatrader4 for this particular indicator you're working with from an external interface so you can see here I've got several charts for running on the m1 timeframe and this is the indicator in question down here this is called MACD turbo it looks a bit similar to the existing FX / trader product which is obviously an alert in abled but the beautiful thing is that we can control it externally using this interface up on the top left hand corner also all the alert handling is handled again in JavaFX using this alert history table here which you can just see popped up another alert for the usd/cad saying we've got a physical crossover where the MACD is less than the signal line on the 1 minute time frame this alert table is completely customizable so you can change that the way it looks you can sort it by column you can obviously hide data if you want to so you don't want the sound file you don't want the period you can just eliminate those very easily and obviously you can screen on the symbol as well so if you want to look at group the symbols together and just scan all the alerts that have happened in the past you can so very flexible very powerful and again a much more organized approach to alert handling then the existing empty full version which obviously lacks a lot to be desired because it just just pumps out literally that kind of strings of data as and when they're created and there's no way to look back and see what's going on and built a sort or customized so that the alert capabilities are are pretty cool you can obviously play WAV files for each condition which can be held anywhere on your machine so not just not exclusive to the mt4 sounds folder and most importantly the ease of config is massively different from the old conventional way of changing external input parameters for indicators or expert advisors in mt for the old-school way was to obviously right click on the chart on the indicator and then go to the external input parameters and then scroll through and try and lock out what was going on in this case we just simply go to our interface click on the chart weight with it's in question so if this US dollar Swiss franc chart if I just changed the time frame you will now see that chart becoming visible in our drop-down list and got another alert being triggered on that saying zero line crossover MACD is less than the zero under than the water line or the zero line on the one minute time frame so you can see here they it's just cross per note below the water line if I want to make changes to the configuration on this USD Swiss franc chart I can say for example if I want to remove the histogram just click the show histogram button and you'll see when it tick comes in this drama histogram is gone so we're looking down here click it again the histogram I'll return when we get a tick and so I can change the color of the histogram to whatever I want change the actual thickness or the widths of histogram bars I can change the MACD line colors to whatever a game whatever I want and line styles call Dingley so it's got a dotted style for MACD and we can go to a dash dot for the signal line and I can control any other chart you can see on in Metatrader from this interface so I can go to the Aussie dollar exactly the same thing may want to change the MACD line to – dot configuration you'll see here and we're gonna tip just changed so I don't need to go into any charts I can control everything completely from one single interface here I've got the whole load of alert controls which obviously control the way in which the alert package is coming up so I can have zero crossovers I can have either touch based alerts or printed alerts I can have email alerts if I want to that emails are sent to the designated mt4 email account I've got the maximum number of alerts here I've got the interval between the alerts is currently set at five minutes I can pick up a sounds fault file so when I click the sounds button it opens up a file picker and I can just go to my sounds folder in mp4 or anywhere else on the machine if I want and pick up anything that I particularly want which will be played the other things are I thought I can obviously control the MACD parameters so at the moment it's running at 12:26 and nine system I can change those parameters so a game on this Ossie dollar chart which is this one here there so let's just maximize the Aussie dollar shot so you can see these changes being made more easily so I can change the fast parameters if I get a 14 you can see that it's slightly changing the actual traces it's 14 28 and they're not gonna have a shorter signal line 7 whatever so you know you can change exactly how you want the system to be configured the other thing as well which is really cool is you can have if you want to you can have different profiles for each time frame so if I go to the m5 chart this got loads of default profile for the Aussie dollar if I then go down here and pick up that Aussie dollar chart I can then customize this accordingly so I might want a green histogram or whatever you know whatever you want say and I want some different line styles or whatever a more solid line with a bigger width and so you can start to basically customize your time frames specifically for the actual instrument in question so notice now if I go back to Emma one its using a different profile so very powerful so you've got a few doing top-down analysis you can very quickly identify the chart you're using based upon the profile coming up so you know face every example you wanted to go to the daily and on the daily chart for this Aussie dollars I pick up daily here I want a really thick magdi line so I could just got a hugely thick MACD line there and then obviously on the other timeframes it's thinner whatever you know it's completely flexible up to you how you define how you want to chew gene this system it's got loads of power so there you go obviously if you don't want to have multiple time frames for the actual same chart ID because don't forget in Mediterranea the chart ideas is specific to this this Aussie dollar US dollar symbol so is in this case you can see chart ID deep being displayed in the top of the magnet turbo indicator but it's ending in 307 so all of these charts will have a 307 ID however obviously the way we've designed the system you can have different profiles for the same chart ID based on the pond timeframe if you don't want that and you know you're thinking okay well I'm not so keen on on having different profiles across the time frames and no problem just click the copy to all time frames and that's just an alert coming up there and now that profile will be rippled across all the mt4 time frames for you so totally flexible totally configurable and if I'm absolutely honest I think it's totally cool but it's taken about six weeks of hard coding to go from the existing swing based Java apps currently we've got platinum which is the automated channel and trading switch is running the conventional swing use interface which allows basically external control of Metatrader EA's and indicators this is a much more powerful derivative of Java this the new Java effects interface rocks and there's a lot you can do with it so more to follow basically we're gonna power up all the existing indicators and expert advisors within the existing fxo go trade a product range you can see here this is the product catalog so at the moment Magne turbo is ready to roll the advanced ma crossover tool is kind of still work in progress we're just just finalizing that now that's gonna be the next one to roll out and then we'll just we're just going to work our way through through the existing tools until it's all done so there you go thanks very much for watching available right now which is