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OPEN-SOURCE SCRIPT

MACD-EDT "EMA DEMA TEMA" [DM]

By dgmoon
Updated
Greetings to all colleagues

Today I share a MACD with the EMA , DEMA , TEMA variants.

The aim is that they can see how the signals vary from a normal MACD to one with the averages created by Patrick Mulloy (1994)
Variables of this MACD:
  • EMA = Exponential Moving Average
  • DEMA = Double Exponential Moving Average
  • TOPIC = Triple Exponential Moving Average

    • He also has in the arsenal:
      • SMA Simple Moving Average
      • WMA Weighted Moving Average

        • Plus...:
          • Volume-weighted variant in all of them

            • Visual options:
              • Points at the crossroads
              • Shadows on the body of the signals
              • All colors are customizable
              • Histogram and shadow are gradients at 15 steps


              It has switches for:
              • Shadow
              • Histogram
              • Macd and signal
              • Crosses

                • Some minor details remain to be incorporated in the next few days.
                  Pre-cross calculation.
                  Alerts
                  Bar color
                  Enjoy!!! ;-)
Release Notes
Fix cross delay
Added reference indicators from TDW PineCoders
1. tradingview.com/support/solutions/43000502344-macd-moving-average-convergence-divergence/
2. tradingview.com/support/solutions/43000592270-exponential-moving-average/
3. tradingview.com/support/solutions/43000589132-double-exponential-moving-average-ema/
4. tradingview.com/support/solutions/43000591346-triple-ema/
5. tradingview.com/support/solutions/43000592293-volume-weighted-moving-average-vwma/
Release Notes
Major changes:
  • Change of default values.
  • Added second signal "in test"
  • Added table with the ATR and calculation of crossing "in test"
Centered OscillatorsMoving Average Convergence / Divergence (MACD)Triple Exponential Moving Average (TEMA)

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

dgmoon
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