This is an upgraded version of my MACD_trendtrader indicator. UPGRADES: - Histogram slope changes colors according to the direction of the slope. - Panel that displays volatility of the asset. The volatility is measured from 0 to 100. Zero being the lowest and 100 the highest volatility. I also included different text colors for a certain volatility value (white=...
Welcome! As part of our continual process to build and enhance trusted existing indicators, we're proud to release MACD Prime to the PRIME series for those traders that rely on the popular divergence mechanics traditional MACD provides. MACD Prime provides a default MACD structure using the popular 12,26 EMAs and a 9 lockback signal line as the core of the...
The goal of this indicator is to plot the MACD, Signal, and Histogram values "as if" the chart is a true price action based Renko chart. It can be used on a time series chart or Renko series chart. The MACD is derived from the raw price action of a time-based chart, where the historic and live price is clustered into Renko bricks. The Renko brick production...
The goal of this indicator is to plot the MACD, Signal, and Histogram values "as if" the chart is a true price action based Renko chart. It can be used on a time series chart or Renko series chart. The MACD is derived from the raw price action of a time-based chart, where the historic and live price is clustered into Renko bricks. The Renko brick production...
Our newest indicator, the MACD Builder Pro, gives traders the ability to build a MACD based on 7 different kinds of moving averages. The options include: 1.Standard MACD (EMA) 2.Hull Moving Average MACD 3.Volume Weighted MACD (VWMA) 4.Arnaud Legoux MACD (ALMA) 5.Double EMA MACD 6.MACD based on median 7. Simple Moving Average (SMA) MACD Additionally,...
Testing the trades signaled by the daily MACD histogram to see how they would have performed, compared to regular MACD Crosses. I'm going to take the 'List of trades' and analyse it seperately as some of the profit percentages seem a little off in the tradingview calculation, though it could just be my bad math! Hi CryptoLove :) Hope this helps your investigation...
Bonjour/Salut ça va? Ok enough for the french :) You guys should really stop challenging me on things on Pinescript and asking me if it's possible or not because... that's the second time in a row I'm about to reveal a nice trick Please take this example as a proof of concept/feasability. This follower said "I'm tired of manually filling the fields of my...
Short MACD histogram to deal with crypto trade. Added ability to simulate a test price too.
This indicator creates a MACD based on Arnaud Legoux Moving Averages (ALMA). I prefer this implementation over the standard MACD based on exponential moving averages as it filters out most of the minor price fluctuations that lead to false signals. To learn more check out our other posts about the Arnaud Legoux Moving Average:
This indicator is based on Percentage Price Oscillator and volume as a source.
Hello, I made a classic MACD Histogram indicator, with custom alerts and parameters though. Shapes Green circles : The MACD histogram is reversing, this is a buy (or Long) signal. Red circles : The MACD histogram is reversing, this is a sell (or Short) signal. Green Arrow up : The MACD histogram is enduring a bear fakeout. This is a buy signal. Red Arrow up : ...
MACD Line instead of MACD histogram or area. This gives more opportunities to catch divergences. I showed regular MACD Histogram on top and then this indicator on bottom and showed with the red and green lines where you could catch multiple bearish and bullish divergences using this indicator vs a regular MACD histogram. Send me a private message to join my...
This way of looking at MACD is taught by TRI
Newer version of Momentum indicator introducing 4 colors so easy to spot momentum bars ticking up or down. User can customize the colors etc and turning the MACD/Signal lines on/off. This script is open to public so anyone can use it.