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  #1  
Old 13-11-2009, 15:26
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Default Colour Changing Exponential MA

I've been looking for colour changing EMAs for MT4, has anyone come across them? I've got simple MAs with three colours and can apply monotone exponentials, but don't know how to combine the two.
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Old 03-12-2009, 09:03
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It might have helped if I'd asked for the right thing. What I'm missing is a colour changing Simple Moving Average line, not Exponential. Doh!
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Old 03-12-2009, 18:43
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Quote:
Originally Posted by Sheumais View Post
It might have helped if I'd asked for the right thing. What I'm missing is a colour changing Simple Moving Average line, not Exponential. Doh!
Hi Sheumais
As you do not seem to be quite sure just what it is that you need:rolleyes:
have a look at this.

http://bit.ly/6AwIgH

It appears to be a Moving Average in glorious technicolor but just what kind is a mystery to me.

I find it a very useful Trend Indicator.

See what you think.

Egwig:cool::cool:
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Old 03-12-2009, 19:12
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Enter the indie onto the chart twice.

Set Rperiod to 34 and thickness to 3.

Set Rperiod to 21 and thickness to 1.

Observe the crossovers for entry and exit points.

See attached image.



Egwig:cool::cool:
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Colour Changing Exponential MA-colorindie.jpg  
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Old 04-12-2009, 08:09
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Thanks Egwig ;)

It is a Simple MA I need, with colour changes to confirm the trend on a day trading system I'm trying. I'm afraid I had to pay for it, so can't provide the details here, but I'm trying to replicate a chart on MT4 that is available on IG Index and I'm struggling.
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Old 04-12-2009, 11:27
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Quote:
Originally Posted by Sheumais View Post
Thanks Egwig ;)

It is a Simple MA I need, with colour changes to confirm the trend on a day trading system I'm trying. I'm afraid I had to pay for it, so can't provide the details here, but I'm trying to replicate a chart on MT4 that is available on IG Index and I'm struggling.
Have a look here.

http://www.xpworx.com/XP%20Moving%20Average.htm

This MA has so many customable variations that it might just do what you want.

It may be worth experimenting.

The main indie is the xpMA.mq4

The others appear to be 'Santa's Little Helpers' be sure to read through the 'settings' page.

All quite fascinating really

Have fun

Egwig:cool::cool:

Last edited by Egwig; 04-12-2009 at 11:32.
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Old 05-12-2009, 13:34
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Thanks Egwig, I really appreciate your help.
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