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beta MACD Histogram divergence indicator


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beta MACD Histogram divergence indicator

  #11 (permalink)
 
zacharydw00's Avatar
 zacharydw00 
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Sorry, but I can't. Hopefully someone else can.

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  #12 (permalink)
no111
NED
 
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Also I can't see any lines on chart, on NT6.5..
Do you know a solution for that? DeltaPrice input,doesn't work for me..

THANKS in advance!!

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  #13 (permalink)
 
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 zacharydw00 
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Post a picture of the chart.

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  #14 (permalink)
 emini_Holy_Grail 
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I too don't see divergence but lot of horizontal lines in panel2 where this indicator is plotted.
Does anyone got this to show divergence

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  #15 (permalink)
 
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 zacharydw00 
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Post a picture of the chart where you think a divergence is, but is not shown by the indicator.

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  #16 (permalink)
 itrade2win 
New York
 
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zacharydw00 View Post
Here's my MACD Histogram divergence indicator first beta release. I'm sharing it to gather suggestion and ideas. Please be very specific and include a annotated picture of any bugs or improvements.
NOTE: ALTHOUGH, other indicators are available in the pull-down they DO NOT WORK. I will work on them later. Or, better yet, maybe someone else can.

Thanks guys,
Zac

Edits:
5/15/10 - Written on NT 6.5. Probably will Not work on NT 7 without minor code adjustments.
Arrows are a part of the ind.


Hey Zach,

First of all, thank you for this indee. Personally, I don't use indee's at all. I trade solely on volume and PA, but had some issues making early entries and losing 3 to 4 ticks and then re-enter. Anyway, I used this MACD Histogram divergence indicator for the first time today and it seems to have some what of an issue plotting. I downloaded it and added it to my chart and looks great. After about 45 min or so there is no MACD histogram and seems like there should have been some with the volume and 10 point move the market made after the FOMC report was announced. Nothing, so I refreshed the data still nothing. So i removed and added it back on then the histogram and lines started plotting. I attached some charts. Any suggestions??

Cheers
itrade2win

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  #17 (permalink)
 
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 zacharydw00 
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itrade2win View Post
Hey Zach,

.... After about 45 min or so there is no MACD histogram and seems like there should have been some with the volume and 10 point move the market made after the FOMC report was announced. Nothing, so I refreshed the data still nothing. So i removed and added it back on then the histogram and lines started plotting. I attached some charts. Any suggestions??

Cheers
itrade2win

I take it you did not get a screen shot when the histogram was not plotting, because both images show the histogram. My chart shows the same histogram levels as your chart. I do see that the divergence line did not plot in the second image, but the arrow did plot, so the code is working. The divergence line color was probably set to transparent. I've experienced this issue before, and I think it's a NT bug (gotta love it).

Check to see if your chart of the 13th matches mine?

I swapped the line color variable and added color serialization to the update below.

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  #18 (permalink)
 zt379 
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Hello zacharydw00.

Many thx for this indicator.

However I'm not getting the arrow or line plotting the divergence.
Also if set calculate on bar close to " False", the green/red dashed lines plot irregularly.

Here is an example of the MACD divergence that I think should plot the arrow and line?
(Using NT6.5 and you latest download p#17)
Many thx.

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  #19 (permalink)
 
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 TheWizard 
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This is a very interesting indicator. Are there any plans for converting it to NT7? Could someone take a whack at doing that? I'm not savvy enough to be able to figure out why I can't port it to NT7. Thanks.

After all, it's what you learn AFTER you know it all, that counts!
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  #20 (permalink)
 
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 zacharydw00 
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zt379 View Post
However I'm not getting the arrow or line plotting the divergence.
Also if set calculate on bar close to " False", the green/red dashed lines plot irregularly.

Here is an example of the MACD divergence that I think should plot the arrow and line?
(Using NT6.5 and you latest download p#17)
Many thx.

Sorry it took me a while to reply. For some reason I'm not receiving email notifications on this posting any more.

zt379,
The ind. will Not work with 'calculate on bar close' set to False.

The MACD ind calculates on the Close price and so this divergence ind. compares the Close price to the ind. value. Highs & Lows are not used.

Adjust the two Delta parameters until the ind draws the divergence you are expecting. Those two setting are in there to filter out "weak" divergences.

TheWizard,
I am making the big switch to NT7. So, I'll have it working on 7 soon.

Cheers.

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