This indicator combines the divergence of rsi and macd and displays it on the candlestick chart. RSI: 1. When rsi is at a high point, once it falls by 1 k line, it will detect the divergence from the previous high point. This can quickly find the divergence that has taken effect and help you quickly capture the trend before a sharp decline or rise. The difference...
When you have charts full of too many indicators, it can mess up with your analysis and cause analysis paralysis. Use RelicusRoad Signal Line to simply your charts with a beautiful color changing moving average line as per the strategies selected. 4 different strategies to choose from: 1) MACD 2) PMACD (Price Action + MACD) 3) Parabolic SAR 4) Momentum GREEN:...
AutoFinder Long Short A simple script. It only advice you when MACD is calling for Long or Short. You can choose your range period to find highest and lowest moment on MACD. (suggested 150 or more) Also you can choose % for detect the change of the trend. (suggest between 70-90) You can test what really happen moving indicator on new panel and enabling MACD...
This is a scalper analysis movement designed around MACD and 200 EMA The rules are simple: For long we check if the close of the candle is above the ema200 and we have a crossover between macd and signal Once this happens we analyse the next candle, if its close higher than open , we can consider it a win and if its close lower than open we consider a lose. For...
My idea is to make the MACD histogram oscillating in a range from 0-100 just like the RSI . I did it successfully, but compared to normal MACD histogram it is too low and hard to see because most values just fluctuate slightly above or below 50. So I'm happy and grateful to anyone who can offer guidance. Image:
The Awesome Oscillator is an indicator used to measure market momentum. AO calculates the difference of a 34 Period and 5 Period Simple Moving Averages. The Simple Moving Averages that are used are not calculated using closing price but rather each bar's midpoints. AO is generally used to affirm trends or to anticipate possible reversals. The Awesome Oscillator's...
REVEREND (RSI based Trend Reversal Indicator) Info: This is an RSI based convergence divergence (like MACD) indicator using SMAs or DEMAs for smoothing. You can optionally filter the signals with the stochastic momentum indicator (SMI) levels or via simple overbought/oversold RSI levels. Signals: Purple is the Slow MA, Green is the Fast MA, Blue is the SMI...
Advantages: 1. When MACD-diff line(orange color) is at a high point, once it falls by 1 k line, it will detect the divergence from the previous high point. This can quickly find the divergence that has taken effect and help you quickly capture the trend before a sharp decline or rise. 2. This indicator detects the previous high and the previous low of 5, 10,...
INTRODUCTION: This indicator combines multi-timeframe CPR bands with MACD Momentum and EMA trend, all projected on the candlestick chart through a novel visualization. If you have seen my other indicators on TradingView, you would know that I use floor pivots a lot and “Secrets of a Pivot Boss” is my favorite book. While using floor pivots, time and again I...
Breakout is detected when: 1- Price is higher than previous 6 bars 2- price is above 1% of previous high and below 20% 3- price is above 20 week moving average 4- Volume is higher by 30% of 1 candle before. 5-MACD is positive Remember indicators/strategies are there to help you in your trading and not to trade based on them solely. Not a financial advise.
>> This scrip is only meant to be used in 4hour crypto chart << How It Works - To swing trade in a 4 hr candles, which has a much larger range than shorter timeframe candles, the script utilizes a longer timeframe ema, sma and MACDs to account for such. When the ema and sma crosses and the rate of change of the MACD histogram is in favor of the direction,...
hello? Although it is a simple indicator, I decided to disclose it because I thought it was a pretty useful (?) indicator. ** Others may have previously published indicators similar to this indicator. ** Please understand this. ** All charts or indicators disclosed are not guaranteed to result in profit or loss. ** Therefore, please use it as a reference for...
This Indicator will only give you potential entry base on MACD strategy combine with a 200 EMA -Sell when price under 200 ema and MACD is crossing the signal line above 0 -Buy when price above 200 ema and MACD is crossing the signal line under 0 -Sending Alert for each Potential Entry
This MACD modification uses a fast HULL MA instead of the regular one. Also includes 2 horizontal lines. When using it on a daily timeframe the lower borders should be used for guidance to know when the market has gone too far away from the average price and thus a reversal might happen. On smaller timeframes the dotted lines can be used for this purpose.
This indicator displays the Moving Average Convergane and Divergence ( MACD ) of individually configured Fast, Slow and Signal Moving Averages. Buy and sell alerts can be set based on moving average crossovers, consecutive convergence/divergence of the moving averages, and directional changes in the histogram moving averages. The Fast, Slow and Signal Moving...
This strategy is a pullback strategy that utilizes 2 EMAs as a way of identifying trend, MACD as an entry signal, and RSI and ADX to filter bad trades. By using the confirmation of all of these indicators the strategy attempts to catch pullbacks, and it is optimized to wait for high probability setups. Take not that the strategy is optimized for use on...
This indicator displays a table containing the MACD Predictor states from Higher Timeframes: a green background denotes a bullish predictor in that particular timeframe, and a red one denotes a bearish predictor. Only Higher Timeframes states do appear in the table. Lower Timeframes are grayed out, due to inability to get reliable results for such behaviour in...
RSI and MACD in one simplified indicator. Why? Because : 1. Save chart space, declutter, make decision making better, faster 2. MACD is not scaled to RSI range, now it is so you can have side by side comparison Example how to use: Enter on RSI oversold or overbought level, then exit on MACD crossover See if there is an extra confluence to enter, hold or exit your...