Just a test...I'm not sure this will work 100%. I think the backtest is flawed (the exit parameters look suspicious) Anyway, the strategy does make sense, maybe in live trading it'll toss good signals. Can we apply it to our demo account here? (trading panl) Anyone?
EXPERIMENTAL: request from anonimm
Simple change to the standard MACD formula I like to use that slow it down and reduces the amount of false signals while allowing strong/good signals through,
Price Overlay for Multiple Method Choice Divergence Detection:
As described here: update: added divergence detection.
An adaptation of MACD. I added: - Zero line cross signal - MACD/Signal line cross signals with arrows - Max/Min lines threshold Theoretical foundation is from goo.gl
EXPERIMENTAL: MACD Divergence detection. looks like macd is more prone for missing the extremes in price then the rsi due to lag.
RSI, EMA of RSI, EMA of RSI's EMA, and Stochastic. V2 added Price Bar Coloring. Buy when Orange or Green, Sell when Yellow or Red.
BUY & SELL PRICE TO VOLUME PRESSURE By Ricardo M Arjona @XeL_Arjona DISCLAIMER: The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets. The embedded code and ideas within this...
This is the same as the MACD 4C but it also has the signal line.
I coded this indicator to adapt a few techniques I learned from Constance Brown to CCI, which is a very good momentum indicator which gives great signals if you know how to read them. I plotted a few examples on the chart. As you can see, it complements a trader's bar chart reading skills nicely if applied correctly. Hope you can find it of use. Cheers, Ivan.
study(title="S.a.r. Momentum Differene", shorttitle="SMD") len = input(10, minval=1, title="Length") src = input(close, title="Source") start = input(0.05) increment = input(0.05) maximum = input(0.1) mom = src - src out = sar(start, increment, maximum) smd = out - mom plot(smd, color=red, title="SMD")
VDUB_BINARY_PRO_3_V2 - FINAL *stripped out a couple of things from V1 - found it was to noisy *added Baseline_VX1 *switch period channels around *zigzag Optional- set centre band to '34 to run centre line other indicators to include MACD_VX1 Stoch_VX3
--- Updated: May 19 2015 ---- Applicable only If you are setting up alerts: I noticed I have switched the plot names. Histo shd be the MACD and DMACD shd be the Signal. Replace lines 16 & 17 with these to get the correct names. NOTE that no functionality is affected, just the names. plot(r, style=columns, color=r>0?green:red, transp=80, title="Dinapoli...
This version of the MACD indicator is 'trawling' (checking) if the MACD histogram and the zero line crossing with the MACD line are both positive or negative. The idea behind this is to show areas with higher or lower risk. Features: 1. Enable the bar color 2. Enable the background color 3. Change zero line value FYI: "The MACD-Histogram is an indicator of an...