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wabbit  
#21 Posted : Wednesday, January 16, 2013 4:15:34 PM(UTC)
wabbit

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eddie.m wrote:
The above formula cannot be referenced in Expert Advisors, Enhanced System Tester and Explorations because of the presence of the semi-colons. One semi-colon is enough to block references.

The semicolons have nothing to do with anything.

You cannot use the above code in an exploration because of the Input() function, so replace the line:
Code:

Periods:=Input("MACD Length",2,1000,252);

with
Code:

Periods:=252;


eddie.m wrote:
To create six separate Indicators that may be referenced to, create six new Indicators one by one following this rule: replace every MACDH in the formula above with MACD()-Mov(MACD(),9,E).

Example:
{WINTER, red}
If(MACD()-Mov(MACD(),252,E)*(MACD()-Mov(MACD(),252,E)<0 AND MACD()-Mov(MACD(),252,E))<Ref(MACD()-Mov(MACD(),252,E),-1),MACD()-Mov(MACD(),252,E),0)

Feel free to choose your own periods. The default one is: 9.

For Indian Summer and Cold Spell In Spring, replace both MACDH with its formula and the season names (smmer, autumn, winter, spring) with their respective formulas.

Just use the FmlVar() to call the required variable value from the indicator; being cautious of the default value of the Input() function(s).


wabbit [:D]
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haddison  
#22 Posted : Wednesday, January 16, 2013 4:24:20 PM(UTC)
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Sorry, forgot to say Input only works in Indicator and not Exploration/Enhanced System Tester/Expert.
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eddie.m  
#23 Posted : Wednesday, January 16, 2013 6:10:35 PM(UTC)
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[:)] [:D]
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eddie.m  
#24 Posted : Friday, January 18, 2013 8:30:40 AM(UTC)
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Hi again,

On another thought I decided that I have too many colors on the chart. I redesigned MACDH so now I color only the signal histograms, not all of them.
You can see my new way of dealing with charts at http://s20.postimage.org/mm6sah7kd/image.png
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haddison  
#25 Posted : Friday, January 18, 2013 8:44:43 AM(UTC)
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eddie.m wrote:

Please excuse me, I'm leaving on my way to make my first million dollars. [:D]


Have you backtested the system using the Enhanced System Tester?
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HyperionAUT  
#26 Posted : Friday, January 18, 2013 9:14:37 AM(UTC)
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Hi all, and sorry : for people like me who are a little bit lame in the brain, and english is not my mother tounge....

i could not get it, what the colours in the MACD stands for?

is it possible to type it into one sentence like : when brown comes after green go short?

i really did not get it, and the last thing, but i know (hi wabbit) someone will kill me, but is it REALLY working at your MS when you use those .. "colour me" codes?

i never get any colour, no matter what i do, i have to double click on the macd historgram and use or click on the colours manually. save it as an template. So how is it possible, that everybody uses

{green} but ... ehh?? "Verdammte Scheiße!" <> *bullshit*

Kind regards.
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eddie.m  
#27 Posted : Friday, January 18, 2013 9:23:37 AM(UTC)
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Hi again,

... and here is the final chart with MACD Histogram AND Candlesticks colored correspondingly http://s20.postimage.org/gwv53wqrx/duk.png
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eddie.m  
#28 Posted : Friday, January 18, 2013 9:40:59 AM(UTC)
eddie.m

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haddison wrote:
eddie.m wrote:

Please excuse me, I'm leaving on my way to make my first million dollars. [:D]


Have you backtested the system using the Enhanced System Tester?

Hello Hadd,

I would have never started with the coloring if I had not tested it first ... [;)]

Run a test yourself and let me know what you find ... [:)]
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wabbit  
#29 Posted : Friday, January 18, 2013 3:34:04 PM(UTC)
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What is the criteria for entering and exiting trades? wabbit [:D]
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eddie.m  
#30 Posted : Friday, January 18, 2013 6:52:31 PM(UTC)
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Quote:
eddie.m
On another thought, I am trying your last formula and began noticing something strange: what looked perfect last night seems different today. [:@]
I am checking what it is and I shall return to this thread in 2-3 days.

Hello,

You can see how the Six-in-One Indicator (last formula is on previous page) looks here http://s20.postimage.org/ud0jcbsst/pcg_1.pngttp://s20.postimage.org/a6x1dfx59/pcg_2.png[/url] with a few notes.

PS: the pics will be viewable only for six months starting today.

Enjoy! ... [^] [D]
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eddie.m  
#31 Posted : Saturday, January 19, 2013 5:37:14 AM(UTC)
eddie.m

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wabbit wrote:
What is the criteria for entering and exiting trades? wabbit [:D]

Hi Wab,

Are you serious or are you joking? [:D]
MACDH is now a classic Indicator, +30-year old, and among the first 2-5 Indicators newbies to technical analysis learn. It is famous for its close resemblance to prices.
BUY after bottoms and SELL after tops.
I used it for many years with only four colors, but lately I really needed to separate between Summers and Indian Summers, and Winters and Cold Spells In Springs visually. It made me feel bad for making money with an unfinished Indicator re-programming job.

There are two types of traders/investors:

  1. Those who perfect their system the more they use it.
  2. Those who use a system for a while and then drop it when they find a new one, which they think will make them rich. This approach is in most cases faulty, but it’s good for the market because money comes into the stock. It’s also great for winners because this is from where part of their money migrates to them.

___________________________________________________

haddison wrote:
Have you backtested the system using the Enhanced System Tester?

Hi Hadd,

I tested and re-tested MACD and MACDH long time ago only on one color (red, the default setting in MS) and the results came up in green ... if you know what I mean ... [:D]
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wabbit  
#32 Posted : Saturday, January 19, 2013 4:13:10 PM(UTC)
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eddie.m wrote:
I used it for many years with only four colors, but lately I really needed to separate between Summers and Indian Summers, and Winters and Cold Spells In Springs visually. It made me feel bad for making money with an unfinished Indicator re-programming job.

If your trading system is as simple as buy/selling at the MACH local extrema, then why bother with all the colours? One problem with trading the MACDH extremas is they can generate a great deal of signals, not all of which should be considered as signals in their own right, but filtered/confirmed with other analysis techniques. If you reckon you've tested the "seasons" through the EST, please specify he exact conditions for entry and exit as I'm more than curious how you managed to make this a profitable prospect.



wabbit [:D]

P.S. If you reckon you've got the Grail, then send a private message.
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eddie.m  
#33 Posted : Sunday, January 20, 2013 7:29:43 AM(UTC)
eddie.m

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wabbit wrote:
eddie.m wrote:
I used it for many years with only four colors, but lately I really needed to separate between Summers and Indian Summers, and Winters and Cold Spells In Springs visually. It made me feel bad for making money with an unfinished Indicator re-programming job.


1. If your trading system is as simple as buy/selling at the MACH local extrema, then why bother with all the colours?

2. One problem with trading the MACDH extremas is they can generate a great deal of signals,

3. not all of which should be considered as signals in their own right,

4. but filtered/confirmed with other analysis techniques.

5. If you reckon you've tested the "seasons" through the EST, please specify he exact conditions for entry and exit as I'm more than curious how you managed to make this a profitable prospect.

wabbit [:D]

P.S. If you reckon you've got the Grail, then send a private message.

Hi Wab,

1. I answered your question BEFORE you asked. See my previous post:
"It made me feel bad for making money with an unfinished Indicator re-programming job."

The question 'why' does not always provide truths. My answer is different from your answer, although I AM SURE that the two of us can come up with the same answers on certain topics. We differ from one another, but we also are similar more or less.

2. It depends on what you want to do. MACDH can and does generate fewer signals if you want it to.

3. The answer is the same like in 2. above. I'm answering the same twice just to stress what MACDH can do.

4. Here things get complicated. It is up for everybody to apply whatever knowledge they mustered. Beginners and amateurs are also one part of the markets, where their hopes are always fighting the skills of experts.

5. I can specify this and that but it won't help. I can give anybody Jimi Hendrix's guitar, but nobody will be able to play it like him. So why try?
I am sure you already know that there is more to trading than fast computers, great charting software, savant code programming, super-hyper-tested trading systems, and money ...

---------------------------------

Here is a summary of MACDH knowledge so far;
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