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Old 09-20-2006, 03:07 PM
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MACD With colors
Anyone has the standard MACD (no modifications!) colored so once below zero= red and above=green. Also without the two signal lines, only the histogram is needed.
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Old 09-20-2006, 08:13 PM
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Macd Histo
Quote:
Originally Posted by TheWicker
Anyone has the standard MACD (no modifications!) colored so once below zero= red and above=green. Also without the two signal lines, only the histogram is needed.

This is calaculated the same as the MACD Histogram

OsMA Color.mq4
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Old 09-20-2006, 09:27 PM
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Quote:
Originally Posted by cja
This is calaculated the same as the MACD Histogram

Attachment 15195

No, it looks different, and is in front of MACD histogram.


Anybody can share MACD with colored signal line?


euro
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Old 09-21-2006, 06:11 AM
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Quote:
Originally Posted by cja
This is calaculated the same as the MACD Histogram

Attachment 15195
Calculation of Osma is based on MACD but its not the same. Its a moving average of the oscillator, moving average of a MACD. Your indicator looks just the right way, but its not the MACD. If you have the MACD in color it would be great!
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Old 09-21-2006, 06:38 AM
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Quote:
Originally Posted by european
No, it looks different, and is in front of MACD histogram.


Anybody can share MACD with colored signal line?


euro
I have this one only.
Attached Files
File Type: mq4 3colorMACD.mq4 (4.4 KB, 154 views)
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Old 09-21-2006, 06:41 AM
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Macd Histo
Quote:
Originally Posted by TheWicker
Calculation of Osma is based on MACD but its not the same. Its a moving average of the oscillator, moving average of a MACD. Your indicator looks just the right way, but its not the MACD. If you have the MACD in color it would be great!
I think this will do it, I have taken a standard MACD & Histogram and deleted the lines just leaving the HISTO. Sorry I thought that the Osma was very similar but obviously not close enough.

MACD HISTO.mq4
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Old 09-21-2006, 08:33 AM
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It appears your version of the MACD is indeed very close to the Osma. Attached is the standard version of MACD straight out of metaeditor.

Attached Files
File Type: mq4 MACD.mq4 (2.4 KB, 69 views)
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Old 04-14-2007, 03:54 PM
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Hi,

This topic has been left alone for a long time, but just wanted to tell everyone that the OsMA, that sometimes is refered as the MADC histogram, is nothing more than the distance between the MACD and the signal. Do not be confused by the way that Metatrader's original indicator paints the MACD as bars, because in other platforms, it is just painted as a line.

Notice in the last chart posted that when the MACD crosses its signal, the OsMA is equal to 0.
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