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No, it is not. It's the difference between them.
See the code in the MACD indicator: ind_buffer1[i]=
iMA(NULL,0,FastEMA,0,MODE_EMA,PRICE_CLOSE,i)
-
iMA(NULL,0,SlowEMA,0,MODE_EMA,PRICE_CLOSE,i);
Yes, it's the same. EMA cross indicator is substract the SLowEMA from FastEMA. If FastEMA value = SlowEMA value then the result is zero, it's when the 2 EMA is cross. If we attach EMA5 and EMA45 (with PRICE_CLOSE) to the chart, we will get the same result with MACD(5,45,1) . Just my two cents
__________________ David Michael H
"Trader helps traders with sincerity, honesty and integrity"
Yes, it's the same. EMA cross indicator is substract the SLowEMA from FastEMA. If FastEMA value = SlowEMA value then the result is zero, it's when the 2 EMA is cross. If we attach EMA5 and EMA45 (with PRICE_CLOSE) to the chart, we will get the same result with MACD(5,45,1) . Just my two cents
Silly me
I am using EMA 13 and SMA 20 to confirm the cross and another MACD(8,12,0) to give me an early warning.
Silly me
I am using EMA 13 and SMA 20 to confirm the cross and another MACD(8,12,0) to give me an early warning.
You are actually loosing on 2 big trades here because I assume that you enter 1 bar after the cross, because that is the only way to confirm this.
Ea crosses lag too much.
Maybe you should use lower time frames, but I wouldnt entry upon ema crosses.
You are actually loosing on 2 big trades here because I assume that you enter 1 bar after the cross, because that is the only way to confirm this.
Ea crosses lag too much.
Maybe you should use lower time frames, but I wouldnt entry upon ema crosses.
Yes, u are right here, but not always is like that. When a trade is started. the 2 MACD's and the EA are really close to the price. When this is happend, I am starting to count, on Elliot wave (most of the time it is the 3rd wave). I am using my intuition too . I did take a trade just before I post the image, and see what happend next
Happy trade
Eli
I use TrendStrengEma,
but what`s the name of your indicator. Post it here. I want to check too.
Macd is similar a TrendStreng, and
FX007 indicator is with different settings. Is it a MACD or a different TrendStreng?
Coyan
Hello i tried to compare TrendStrengthEMA with iTrend , the result is mostly the same, but i found iTrend is faster for couple of BAR.
Please view the attached file.
The default i_Trend Setting (0,0,0,20,2,13,300)
please review..and also please share if you test better indicator to detect trend...
. I did take a trade just before I post the image, and see what happend next 
Linear Mode
