As i promised earlier in the Weekend here is the NEW Dolly #10

It is now very quick between Timeframes and there is no refresh issues
it may still need a quick flick between timeframes to update for the new day.


The 2 pictures show the 2 versions of the C#MACD with a signal line

The G#MACD indicator with the SIGNAL LINE built in does tend to use a little more of computer cpu due to the amount of Data being processed and will slow down the switching between timeframes, thus slowing down Dolly slightly but not as slow as previous versions.

The SEPARATE G#MACD LINE is best used by loading the standard G#MACD indicator 1st then the G#MACD LINE window, this way i prefer as you can lower the indicator down out of the way and have only the Data line showing and if you want to look at the indicator you just need to grab the top indicator border and lift it back into view, most important this way appears to not affect the cpu the same as the indicator with everything built in and speed is not significantly affected.

This indicator is called the G#MACD which is short for GUPPY MACD as it uses a series of fast and slow lines similar in principal to the Guppy indicator

The cross of the lines is the trading signal with the orange and light blue lines being the 2 fastest - to get an early signal wait for the orange line to cross the light blue and the signal is confirmed when all the orange & red lines cross & pass right thru the light blue & blue lines, the histogram also confirms the cross by being at the zero level when the lines cross, when the lines are above the zero level it is considered to have an upward bias and when below a downward bias.
Another important thing to consider is the angle of the lines and the separation between them as a steep angle and good separation show a good strong move.
Also the HISTOGRAM shows an early warning of a move running out of steam as it is an indicator of the indicator and shows the potential reversal signal earlier by the vertical lines starting to get smaller just as large vertical lines show the strength of a trend or move.

Enter off the M5 with M1 conformation & at least the M15 showing the same direction and you should also use MM levels or Pivots or Fib retracement levels or trendline breaks to confirm the signal

The 2 pictures supplied show the 2 different setups

As I said over the Weekend

This indicator is just 1 of your trading tools & is not the "Holy Grail"- if you blindly Enter & Exit just off the signals you are asking for trouble - please use common sense and conformation with other indicators

Dolly Graphics_v10.mq4

G#MACD_Trading_Signals .mq4


Removed G#MACD #2 as causing too many cpu issues with some people
Use The other options i have outlined in this thread