AllAbsoluteDifference

Originally Posted by levonisyas

Hi Gods_Clown
Just try this one, perhaps helpful.
Not like the igorad coding style but another interpretation and results are ok.

Attachment 3931

There must be a reason why Igorad not include MACD mode.

Hi matfx,
I do not interest. It was Gods_Clown wish.

Originally Posted by matfx

There must be a reason why Igorad not include MACD mode.

Hi matfx,

There are no special reasons and the MACD mode can easily added to the indicator but in this case we get something similar to the usual MACD indicator where PreSmooth is the fast MA period and Length is the slow MA period.

Code:

extern int     TimeFrame         =     0;    // TimeFrame in min
extern int     MathMode          =     3;    // Math method: 0-RSI;1-Stoch;2-DMI;3-MACD 
extern int     Price             =     0;    // Price = 0...10 (see List of Prices)
extern int     Length            =    26;    // Period of evaluation(Slow MA period for MACD mode)
extern int     PreSmooth         =    12;    // Period of PreSmoothing(Fast MA length for MACD mode)
extern int     Smooth            =     1;    // Period of smoothing
extern int     Signal            =     9;    // Period of Signal Line
extern int     MA_Method         =     1;    // See list above
extern int     LevelsMode        =     0;    // Levels Mode: 0-Standard OverBought/OverSold 
                                             //              1-StdDev Bands
                                             //              2-High/Low Channel
extern double  OverboughtLevel   =    90;    // Overbougt Level (ex.70)
extern double  OversoldLevel     =    10;    // Oversold Level (ex.30)
extern int     LookBackPeriod    =    30;    // LookBack Period for LevelsMode=1,2 
extern double  UpperMultiplier   =     1;    // Upper Band Multiplier for LevelsMode=1 
extern double  LowerMultiplier   =     1;    // Lower Band Multiplier for LevelsMode=1 
                                         
extern string  alerts            = "--- Alerts & Emails ---";
extern int     AlertMode         =     0;
extern int     SoundsNumber      =     5;    // Number of sounds after Signal
extern int     SoundsPause       =     5;    // Pause in sec between sounds 
extern string  UpSound           = "alert.wav";
extern string  DnSound           = "alert2.wav";
extern int     EmailMode         =     0;    // 0-on,1-off   
extern int     EmailsNumber      =     1;    // 0-on,1-off

Attachment 4001

Regards,
Igor

Hi NewDigital, this AllAbsoluteDifference_v2.4 is not working on my platform. I have tried downloading as you suggest, but it has not worked.
Help!
Jozo

version 2 (ex4 file compiled with 509 build) - works :

I attached ex4 file compiled with 509 (it works with 600+) - version 2

===========

About version 2.4 so it should be modified ... I made some temporary changes and it should work now with 600+ (version 2.4 is attached too).

Hi,

Please check out the updated AllAbsoluteDifference indicator for the new MT4.

Regards,
Igor

Excellent indicator!
Works nicely on H4 H1 and M15
Thanks

This is such a good indicator! ... but the possible settings are a little bit overwhelming for me ... so, does anyone have a hint for good settings for 30M/1H swing trading? ... in a sense that the indicator filters noise and is still reacting fast?

When I play around, it seems that the EMA is favourable to many of the other more sophisticated averages ... at least I am not able to find a good setting with an LSMA or HMA for example ...

Any suggestions greatly appreciated!

Hi mbma,

I am sorry - I am very busy now.
I will look at this tomorrow, ok?

New version of AllAbsoluteDifference indicator was created and posted to the premium section - just because it is related to
Swing (or Volty Channel) System from premium:

AllAbsoluteDifference_v2.5 600+ indicator is on this post - premium section link. This is the updated AllAbsoluteDifference indicator with the new set of MAs (excl. GeoMean and McGinley Dynamic) and with abiliity to plot the Up/Down arrows in the main window.

for information