MACD Settings for MT4..

[Maverick27]

Can somebody pls. advise on how i can set MACD settings on my MT4 to resemble the attachment.

I.e FASTER MOVING MA Green Line, SLOWER MOVING MA Red Line & Histogram.

Default parameter settings are 12,26,9

What PARAMETERS do i define for:
FAST EMA : ?
SLOW EMA : ?
MACD SMA : ?
Apply to : ?

What LEVEL settings in the window dialog do i define in order to get 2 lines ?


Thanks - Mave

[awsl]

for the lines you can add 2 MAs lines to the MACD indicator window. you can throw in RSI if you want to.

base one a pic alone, nobody would be able to tell exact setting on the macd. the default should be good enough.

[fxtrader33408]

Best to call Eugene for help

[ghaze]

hmm... I think u right awsl, thats MACD is a blend of two indicator not a full MACD

[akira]

It seems that the MACD indicator from MT4 is not the basis ones we all use. the line seems to be the signal line but don't know about the histogram.

I attached a "true" MACD.

Rgds.

[EugeneFXI]

I might be a little late to the game, but have you checked out Johan Kriek's version of the MACD indicator? You can see it here:

http://forums.fxinstructor.com/f28/m...rce-code-t741/