Buying and Selling Smoothed with Histogram Smoothed version with version with a red line representing the selling pressure and a green line which represents the Buying pressure. If the green line is above the red line it would mean that the Buying pressure is more and vice versa. The difference between the two is plotted as a Histogram. This is a cumulative...
This gives to you buy-sell signal with MACD histogram value. Use "Fast and Slow length" and "Buy or Sell Histogram Value" inputs to take less or more signal.
Hi everyone! I wrote this indicator for intraday trading and it cannot be use only by itself you need to at least draw some S/R lines to make it useful. It is based at MACD histogram and gives signal when it sees divergence on MACD/RSI/MACD's Histogram (or all at once - settings) when macd's histogram switchs trend. Im using it to playing with a trend most of the...
Hi everyone! I wrote this indicator for intraday trading and it cannot be use only by itself you need to at least draw some S/R lines to make it useful. It is based at MACD histogram and gives signal when it sees divergence on MACD's Histogram when macd's histogram switchs trend. Im using it to playing with a trend most of the time looking. It highlights candles...
I spiced the standard MACD indicator up a bit to make it more visible. When using the MACD: 1. Never go short when the MACD lines are in the negative. 2. Never go long when the MACD lines are in the positive. 3. Always wait for an uptick / downtick on the histogram before you start your trade. The MACD Histogram can also show you Divergence. When the price goes...
This is a simple tool that gives traders a simple visual representation of Volume-Weighted Moving Average ( VWMA ) crossovers that is pretty similar to the MACD . We don't typically trade solely based on the VWMA , but it is definitely one of our go-to tools when combining multiple indicators. When trading with VWMA's, it is common to enter a position when the...
This is combo strategies for get a cumulative signal. Result signal will return 1 if two strategies is long, -1 if all strategies is short and 0 if signals of strategies is not equal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The...
Indicator is designed for 1 hour time-frame and it shows the value of 4 hour MACD histogram
Rainbow Oscillator script. This indicator was developed and described by Dr. Mel Widner (Stocks & Commodities V.15:7: Rainbow Charts).
This way of looking at MACD is taught by TRI
Simple but much needed visual improvements to the default MACD script. First, every time the MACD and signal cross, a white cross is placed on he chart, which lets you quickly identify the crosses. Second, whenever the histogram goes from increasing to decreasing or from increasing to decreasing, a color change occurs. Colors can be customized under "Style" tab...
study(title="EFI", shorttitle="EFI") XLen1 = input(13, minval=1) XLen2 = input(8, minval=1) hline(0, color=gray, linestyle=line) xValue = volume * (close - close ) xSMA1 = ema(xValue, XLen1) xSMA2 = ema(xValue, XLen2) plot(xSMA1, style = columns, color=aqua, title="SlowAvg") plot(xSMA2, color=white, title="FastAvg")
4 Colored Laguerre PPO lime = positive rising green = positive descending red = positive descending maroon = positive rising Enjoy :) www.tradingview.com(PPO) The Laguerre Filter is a smoothing filter based on Laguerre polynomials.
Working MACD Histogram which colors bars based on the slope from the previous. The default colors will work for both Deuteranopia and Protonopia color-blind people but can be modified. There is a bug with 'MACD 4C' by vkno422 + signal line - squattter and 'MACD for colour blind people' by cfhrtd in that it draws the MACD line itself as a histogram, rather than...
Easy options, you can toggle the lines and other things. Even turn of the histogram.