Moving Average Convergence / Divergence (MACD)

whvntr Updated 

This fulfills a request from user: iTibu to make an oscillator to go along with one of my indicators named: " Volume Crop ━ Hidden Volume Divergence ". It essentially does the same thing, without the Midline Tool , so you can better understand where the crosses are happening. Again, the hidden MACD Divergence circles formula originated from TheLark. I...

RedKTrader Updated 

Moving Averages are probably the most commonly used analysis tools, and MACD is possibly the first charting indicator a trader gets to learn about. MACD Basic concept ---------------------------- Without repeating all the tons of documentation about what MACD does, let's quickly re-visit the MACD concept from a 10-mile altitude (note we're keen on simplifying...

whvntr Updated 

Volume Divergence • Formula originated from: "Hidden Price Divergence" (circles) by TheLark. I did two things to harness its effectiveness: • Firstly, I developed a unique way to filter out the divergence signals that were appearing on both sides of the midline. This filter will be known as the "Midline Tool" . It filters out a lot of the false...

wratislavian

Indicator for BTC only. This indicator combines CCI MACD RSI AND William's alligator. Bullish macd cross, RSI over 50, bullish William cross and positive CCI result in green background. Otherwise red background is displayed. For better visibility extreme values can be displayed with greater color saturation. 1D BTCUSD is best with default values. For other TFs...

NorthStarDayTrading

This script is an interesting take on Convergence and Divergence of Moving Averages. With the built-in MACD Indicator, you cannot make these adjustments to the settings. DESCRIPTION The top Moving Average is calculated on the High of the candle. The bottom Move Average is calculated on the Low of the candle. If the two are moving apart (Divergence), the shaded...

MarsMine

This indicator uses a total of four indicators, 'ParabolicSAR', 'EMA', 'MACD', and 'TSI', to indicate the direction of the trend as well as the progress signal of the trend. Basically, the overall trend is analyzed by the 'EMA' and 'TSI' indicators, and the buying trend is displayed in green and the selling trend is displayed in red candlesticks. An...

syntaxgeek Updated 

How is this different? This indicator will calculate a MACD between two symbols chosen. As the two symbols price difference grows or shrinks this indicator plots same as MACD and crosses should indicate interesting things with the right symbol selection. How to use this? Simply choose a second symbol for comparison or choose two if main chart symbol isn't...

peacefulLizard50262

This is my attempt at making a Stochastic MACD indicator. To get this to work I have introduced a DC offset to the MACD histogram output. I figured that if theirs a Stochastic RSI their might as well be a Stochastic everything else! lmao enjoy. Honestly, from what I can tell it's even faster than Stochastic Smooth RSI. The Stochastic Oscillator (STOCH) is a...

andryrads

So I created the MACD Cross Strategy but not working alone by itself. I added EMA (Exponential Moving Average) filter to improve its winning rate so the MACD Signal only appears when in the same trend direction as Moving Average. The Main Rules for Long Signal are: - MACD Main Line Crossover the MACD Signal Line. - The crossover happens below the MACD...

faytterro Updated 

what is "Limited MACD"? it is macd but it has some useful additional features. what it does? it takes limited values ??just like rsi. The highest value it can take is 100 and the lowest value is -100. this way it gets the same highs and lows for different symbols and time slots. which means we can set overbought and oversold values ??with it. he also paints...

chervolino Updated 

This indicator displays a Rolling Moving Average Convergence Divergence . Contrary to MACD indicators which use a fix time segment, RMACD calculates using a moving window defined by a time period (not a simple number of bars), so it shows better results. This indicator is inspired by and use the Close & Inventory Bar Retracement Price Line to create an MACD in...

AlgoRider_Fr Updated 

█ OVERVIEW Hello dear Tradingviewers ! We are excited to share with you this new indicator which simulates a trading strategy based solely on the well-known technical indicator MACD . We designed it for the sole educational and analytical purposes of showing novice traders and new investors that basing a trading strategy only on one such technical indicator is...

Crypto_Eddy Updated 

This indicator uses momentum, emas, macd trend, probability to find the best entry for both long and short positions. L = Long When the low goes below the green line (ema fast low), close is above open and momentum is up S = Short When the high goes above the red line (ema fast high), close is below open and momentum is down XS = Exit short at potential...

JoseMetal Updated 

============ ENGLISH ============ - Description: This is an standard MACD with another higher timeframe auto-configurable MACD (this means that you can customize which higher timeframe will be shown automatically depending on the current one), only MACD and SIGNAL lines are visible for both, background color depends on their agreement, MACD with SIGNAL line are...

Gabbo1064 Updated 

this indicator serves to differentiate the classic source of MACD and add the: DYNAMIC MACD and DYNAMIC BAND with these inputs you can modify the inputs of the different Bar's, you can choose between: Candles = classic Candles Heikin Hashi Kagi Line break Pointfigure Renko To use the Dynamic Macd and Band just check the box: Use Dynamic Rsi???...

TheSaltyAustin Updated 

This simple indicator provides you three useful information of the Moving Average Convergence Divergence (MACD) indicator: The percentile rank of the current value of the MACD line, displayed by the bright blue line. The percentile rank of the current value of the Signal line, displayed by the dark blue line. The percentile rank of the current value of...

TanHef Updated 

'Divergence Cheat Sheet' helps in understanding what to look for when identifying divergences between price and an indicator. The strength of a divergence can be strong, medium, or weak. Divergences are always most effective when references prior peaks and on higher time frames. The most common indicators to identify divergences with are the Relative Strength...

Bretzay Updated 

Welcome traveler ! Here is my first indicator I made after 3 days of hardlearning pine code (beginner in coding). I hope it will please you, if you have any suggestion to enhance this indicator, do not hesitate to give me your thoughts in the comments section or by Private message on trading View ! How does it works ? It's a simple MACD strategy as describe...