OPEN-SOURCE SCRIPT
MACDV DASHBOARD
Updated
From Riliza MACD-V Volatility Normalisation and another knowledge I am just her follower, Try to make dashboard to study the market for my self.
Rev00
- MACDV with momentum
-Still need to optimize and revise many thing.
-Any wrong could you please help feed back , Not much experience.
Rev00
- MACDV with momentum
-Still need to optimize and revise many thing.
-Any wrong could you please help feed back , Not much experience.
Release Notes
Text color enableRelease Notes
Add detail, Without clear description script is violation.Description : This dash board create from MACDV Momentum for monitor market cycle with status
Momentum show 6 phase status
C =Previous close price
E1 =EMA50
E2 =EMA200
Phase1 Accumulation = C >E1 >E1 and E1<2: Middle of trend : Buy entry zone
Phase2 Bullish = C >E1 >E2 and E1>E2 : Buy the dip : Buy Exit zone
Phase3 Warning = C<E1 and C>E2 and E1>E2: Trend begin : Sell entry zone
Phase4 Distribution = C<E1 and C<E2 and E1>E2: Middle of trend : Sell entry zone
Phase5 Bearish = C<E1 and C<E2 and E1<E2: Sell the rallies : Sell exit zone
Status show 7
Buy risk = MACDV> 150
Rallying =MACDV>50 and MACDV <150 and MACDV>Signal
Retracing =MACDV>50 and MACDV <150 and MACDV<Signal
Ranging =MACDV<50 and MACDV >-50
Rebounding =MACDV<-50 and MACDV >-150 and MACDV>Signal
Reversing =MACDV<-50 and MACDV >-150 and MACDV<Signal
Sell risk = MACDV<-150
When you monitor form low timeframe status they will change same as standard cycle like sine wave.
Anyway this dash board does not give direct signal for entry buy or sell need to use multiple factor to confluence.
Hope fully you enjoy it, Good luck and Always trade safe.
Release Notes
Phase1 Accumulation = C >E1 >E1 and E1<2: Middle of trend : Buy entry zonePhase2 Bullish = C >E1 >E2 and E1>E2 : Buy the dip : Buy Exit zone
Phase3 Warning = C<E1 and C>E2 and E1>E2: Trend begin : Sell entry zone
Phase4 Distribution = C<E1 and C<E2 and E1>E2: Middle of trend : Sell entry zone
Phase5 Bearish = C<E1 and C<E2 and E1<E2: Sell the rallies : Sell exit zone
Phase6 Recovery = C>E1 and C<E2 and E1<E2: Sell the rallies : Sell exit zone
Status show 7
Buy risk = MACDV>150
Rallying =MACDV>50 and MACDV <150 and MACDV>Signal
Retracing =MACDV>50 and MACDV <150 and MACDV-50
Ranging =MACDV>-50 and MACDV<50
Rebounding =MACDV<-50 and MACDV >-150 and MACDV>Signal
Reversing =MACDV<-50 and MACDV >-150 and MACDV<Signal
Sell risk = MACDV<-150
Release Notes
// Always missing this rowPhase5 Bearish = C<E1 and C<E2 and E1<E2: Sell the rallies : Sell exit zone
Phase6 Recovery = C>E1 and C<E2 and E1<E2: Sell the rallies : Sell exit zone
Status show 7
Buy risk = MACDV>150
Rallying =MACDV>50 and MACDV <150 and MACDV>Signal
Retracing =MACDV>50 and MACDV <150 and MACDV-50
Release Notes
- Time frame M5 addition and remove time frame Month- Enable setting row show/hide
- Color data table
close[1]>close[2] =green, close[1]>close[2]=red
rsi >70 and <30 =red, rsi <70 and >30 =green
ma>ma[1]=green, ma<ma[1]=red
macdv>macv[1]=green, macdv<macdv[1]=red
Release Notes
- Recover TF M15 missing after add M5Release Notes
-Clean chartRelease Notes
- Update How to read dashboardWhen used at data lower timeframes than the chart’s, show up incorrect data, This is issue about standard pine scrip function, Need to create special function for keep correct number @ ant timeframe chart.
-For now full dashboard table is useful with lowest timeframe chart in table (Like M5, M15).
Release Notes
-Month Data change to present chart timeframe-Change decimal to 4 digit
-Close-1Color direction correct
-Momentum data correct
-Regarding "using request.security() at lower timeframes than the chart’s, it is best to avoid using the function at those timeframes" still find out solution then add an option for temporary use
-Setting menu add check box for show only chart timeframe, This table will use only present chart data.
- Multi timeframe table still can use, For default and uncheck box show only chart timeframe, Recommend for correct all table data lowest timeframe(M5), When change to higher timeframe data invalid in low time frame table
Release Notes
M5 missing updateRelease Notes
Chart updateRelease Notes
Regarding about to avoid invalid lower timeframes data.- Add table style option in "setting" for more valid data every time frame
- ''Show only chart timeframe'' this check box will show table with single timeframe data without confuse with invalid data from lower than chart timeframe
- "Hide lower timeframe" this check box will show present timeframe with higher timeframe data this option still prevent invalid data from lower than chart timeframe
Release Notes
- Update name MACD-V Momentum, TRENDadvisor Diamond- Add arrow in MACD-V Momentum
- 🠇 Retracing
- 🠇🠇 Reversing
- 🠅 Rebounding
- 🠅🠅 Rallying
Release Notes
- Default hide lower TF data- Remove bias entry word
Release Notes
- Remove bias entry wordRelease Notes
- Update arrow symbol for display support for mac, ipad- Transparent line and border table, setup new default
- This update and sharing form team develop support #Riliza, odilu021
Release Notes
- Add ADX and ,etcRelease Notes
- Update text size- Clean no use variable
Release Notes
- Add EMA 27- DX condition cell color
Release Notes
- Add check box for ADX, Di+, Di-, DX, DX EMA- Remove no use table function
- Default setting update
Release Notes
- Missing previous updateRelease Notes
- Update Di+ color condition >35 green : <15 red , Di- color >35 red : <15 greenRelease Notes
- Update background color condition and regroup code structure - Remove no use code
Release Notes
- Update Background color EMA, MACD-v Signal- Add EMA27 line option
Release Notes
- Update EMA27 show line as default, Visible line when disable function, Add line width, color in setting - Re-group setting menu.
- Change text TRENDadviser_Diamond to TRENDadvisor_Diamond
- Add arrow status MACD-V momentum = Ranging ⟷
Release Notes
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