An AsYouWish component of Inigo Montoya's Quest, dynamic strategy. This is not a stand alone indicator. It is instead designed/skewed to provide MTF MACD-based trade recommendations, immediately following a reversal stop-out. It's suitable for any time frame, from 1 minute to 1+day bars.
Its intended that #1 & #2 TF be set shorter than #3.
When MACD crosses Sinal line, arrows are displayed above or below the bar on main chart.
You can also set the following MACD alert with this indicator.
1. When MACD crosses the signal line upwards
2. When MACD crosses the signal line downward
3. When MACD crossed zero line upward
4. When MACD crosses zero line...
The Elastic Volume Weighted MACD is a variation of standard MACD.
The Difference is that this script apply the formula of standard MACD with the Elastic Volume Weighted Moving Average.
I took the formula of EVWMA from public library coded by LazyBear.
I use EVWMACD as a trend confirmation indicator.
Just tune all lengths and parameters according to your instruments
MACD for Buy & Sell signal indicator last part of Buy and sell signal set. It was coded base on CCI source. Allow trader can read volume trade on market
1 set buy and sell signal
1- Buy & Sell signal indicator
2- RSI for Buy & Sell signal indicator
3- MACD for Buy & Sell signal...
This indicator allows you to trade RSI and MFI oversold and overbought zones with MACD confirmation. It is also possible to take an early trade by checking the " delta " (difference between the fast MACD line and the signal line) (histogram) value of the MACD.
Buy Condition
Both RSI and MFI must be in the oversold area
After that, wait for a MACD crossover
...
MACD Line instead of MACD histogram or area. This gives more opportunities to catch divergences.
I showed regular MACD Histogram on top and then this indicator on bottom and showed with the red and green lines where you could catch multiple bearish and bullish divergences using this indicator vs a regular MACD histogram.
Send me a private message to join my...
Volume-Weighted MACD Indicator. You can turn volume-weighted off to get "regular" MACD, and you can change the scaling of the histogram to make it stand out more.
This MACD/Histogram indicator helps me to identify divergences and crosses without much effort.
The MACD line is green during a positive cross, and red during a negative.
My favourite feature is the following: when the histogram changes direction, the histogram bars become yellow, which should help you locate divergences without straining yourself.
Example:...
So here in this model I take the RSI-cumulative net volume and convert it to MACD
I think it look nicer then original but it just idea:)
for different time frame just change setting:)
![ETCETH: [XE] MACD](https://s3.tradingview.com/k/kWXfYX9Q_mid.png "[XE] MACD")
![ETCETH: [XE] MACD](https://s3.tradingview.com/i/i4p8Mazw_mid.png "[XE] MACD")
![BTCUSDT: [RJR]MACD](https://s3.tradingview.com/4/4K5DTA9m_mid.png "[RJR]MACD")
