RobertD7723

Jackrabbit.modulus.MACD

RobertD7723 Updated   
This is the MACD indicator for the Jackrabbit suite and modulus framework.

This indicator supports differential timeframe analysis and confirmational bias. Timeframes supported:

1 Second, 5 Seconds, 15 Seconds, 30 Seconds, 1 Minute, 5 Minutes, 15 Minutes, 30 Minutes, 45 Minutes, 1 Hour, 2 Hours, 3 Hours, 4 Hours, 6 Hours, 8 Hours, 12 Hours, and 1 Day

The main indicatior and the confirmational indicator can both be individually tuned for the fast, slow, and delta lines with different and independent lengths and 24 different moving average types:

SMA, Double SMA, Triple SMA,
EMA, Double EMA, Triple EMA,
WMA, Double WMA, Triple WMA,
VWMA, Double VWMA, Triple VWMA,
Hull, Double Hull, Triple Hull,
ZLEMA, Double ZLEMA, Triple ZLEMA,
SSMA, Double SSMA, Triple SSMA,
SMMA,Double SMMA, Triple SMMA

Both MACDs can also have their own source input: Open, Close, High, Low, HL2, HLC3, and OHLC4

The Jackrabbit modulus framework is a plug in play paradigm built to operate through TradingView's indicator on indicatior (IoI) functionality. As such, this script receives a signal line from the previous script in the IoI chain, and evaluates the buy/sell signals appropriate to the current analysis. The results are either combined with the signal line, or used as confirmation to the signal line. A new signal line is generated for the next script in the link.

Buy/Sell alerts are produced by the main Jackrabbit script, or the modulus AlertSystem script. This script is not designed or meant to function outside my framework and contains no alert capabilities.

By default, the signal line is visible and the charts are turned off. Signal line visibility is controlled by the Style tab, and the charts display is controlled by the indicator settings tab.

This script is by invitation only. To learn more about accessing this script, please see my signature or send me a PM. Thank you.
Release Notes:
Alerts added so this script can be placed at tHe end of an IoI chain
Release Notes:
Signal can now be kept for X candles.
Release Notes:
Confirmation crossover is now the default standard for confirmation bias. Two different assets can be compared irrespective to the current chart, but still can be used as a condition to buy/sell the displayed asset.

Confirmation bias now has its own fast/slow line source independently.
Release Notes:
Added dynamic timeframes.
Release Notes:
Added SWMA, Sine Weighted Moving Average, single, double, and triple
Release Notes:
Updated default settings.
Release Notes:
Added RMA, Double RMA, Triple RMA to the list of moving averages.
Release Notes:
An indentifier is now available to listing advanced notes

algorithm has been tuned more and default settings chsnged.

Keep bars buy/sell and Inverted signals can now be selected for the main and confirmation indicator independantly of each other.
Release Notes:
This module is now capable of generating EITHER/OR buy and sell signals.

If you set this module to generate ONLY buy signals for example, sell signals from the previous module are simply passed through to the next module. Opposite holds true if you set theis module to generate sell signals only.
Release Notes:
BUG fix: signal distribution fixed and not filters appropriately on the chart.
Release Notes:
Maintenance update to address memory issues.
Release Notes:
Maintenance update #2: Look back set to 4500 candles.
Release Notes:
BUG fix: Signal direction now fixed. Buying or Selling now work independently.
Release Notes:
Inconsistency fix: In the IoI framework, the head od the chain is no longer required to "prime" the signal line with buys and sells.
Release Notes:
Signal line expansion to manage buy/sell only scripts within the IoI framework. Added redundancy checks for future expansion and verification.
Release Notes:
Added directional trading to the Combine IoI state.
Release Notes:
Unusual and rare "Twilight" case conditionals added to IoI framework.
Release Notes:
Added a setting to use only historic data.
Release Notes:
Algorithm tweak: This module now supports LIVE data that DOES retrace(repaint) and HISTORIC data that does NOT retrace(repaint)
Release Notes:
Memory requirements update.
Release Notes:
Updated realtime/historic data algorithm for improved accuracy and effeciency.
Release Notes:
Revision hot fix
Release Notes:
Updated accuracy of algorithm

Added filter to limit trades to X distance from 0 line.

Join my Patreon for exclusive access to Jackrabbit TV,

www.patreon.com/RD3277
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact RobertD7723 for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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