cTrader Ultra-Fast Zero-Lag MACD

by Paul_Hayes in category Trend at 30/12/2017
Description

This version of the Moving Average Convergence Divergence (MACD) indicator is much faster than the conventional standard indicator that is available with the cTrader platform. You can compare side by the default indicator and look at the price action to help you decide if it is any good.

The features of this indicator are as follows:

  1. Produces trend reversal signals much faster than the conventional formula for the MACD as it uses a Zero Lag Moving Averages instead. It applies an exponential moving average twice and subtracts that from the sum of two exponential moving averages.
  2. The histogram bars are coloured for positive and negative values.
  3. Signals are provided to be used with a trading robot and Buy or Sell is displayed on the screen when the conditions below are met.

 

IsBullish Signal Condition

MACD > Signal & MACD < 0 & Histogram > 0

IsBearish Signal Condition

MACD < Signal & MACD > 0 & Histogram < 0

 

VISIT THE PRODUCT PAGE FOR DOWNLOAD

 

THE FAST MACD VS THE STANDARD MACD ARE SHOWN BELOW, THE STANDARD MACD IS AT THE BOTTOM.

VISIT THE PRODUCT PAGE FOR DOWNLOAD

 

Paul Hayes
Sales & Marketing
Emailcontact@clickalgo.com
Phone: (44) 203 289 6573
Websitehttps://clickalgo.com

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How to install
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Formula / Source Code
Language: C#
Trading Platform: cAlgocTrader
using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;
using cAlgo.Indicators;
using System.Windows.Forms;
using System.Threading;

// To download the software please visit: https://clickalgo.com/ctrader-fast-zero-lag-macd-scanner"

namespace cAlgo
{
    [Robot(TimeZone = TimeZones.UTC, AccessRights = AccessRights.FullAccess)]
    public class ClickAlgoSoftware : Robot
    {
        [Parameter(DefaultValue = 0.0)]
        public double Parameter { get; set; }

        private static Mutex dialogMutex = new Mutex();
        private static bool dialogIsShownOnce = false;

        protected override void OnStart()
        {
            ShowDialogBox();
        }

        protected override void OnTick()
        {
            // Put your core logic here
        }

        protected override void OnStop()
        {
            // Put your deinitialization logic here
        }

        public static void ShowDialogBox()
        {
            dialogMutex.WaitOne();

            if (dialogIsShownOnce)
                return;

            var ret = MessageBox.Show("It is not possible to download the software from the cTDN website.\nWould you like to visit us at ClickAlgo.com where you can download it?", "Downloading...", MessageBoxButtons.YesNo, MessageBoxIcon.Information);

            if (ret == DialogResult.Yes)
            {
                System.Diagnostics.Process.Start("https://clickalgo.com/ctrader-fast-zero-lag-macd-scanner");
            }

            dialogIsShownOnce = true;

            dialogMutex.ReleaseMutex();
        }
    }
}
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