MAC-Z VWAP Indicator [LazyBear]

Descrizione

⋅ 16 ago 2014 19:40

This a modified MAC-Z using Z-VWAP. Since this uses VWAP, the signals are derived indirectly from both volume and price action.

I have also included a way to smooth MACZ-VWAP, you can enable it via options page.

Note that this will not work on any FX pair, as volume is not available.

Referenced indicators:
Z-distance from VWAP: tradingview.com/v/HraIjfKF/
MAC-Z Indicator: tradingview.com/v/IHuR4jre/
Z-Score: tradingview.com/v/oyfd86j2/

Complete list of my indicators:
GDoc: docs.google.com/document/d/15AGCufJZ8CIUvwFJ9W-IKns88gkWOKBCvByMEvm5MLo/edit?usp=sharing
Chart: tradingview.com/v/4IneGo8h/

Commenti

souravkumar514

⋅ 14 dic 2020 16:26

Can anyone help me with how this works?

nejjad

⋅ 28 mag 2022 10:14

@souravkumar514, I use it with my own strat, and I only trade in the direction of the Macz Histogram.

cristian.d

⋅ 16 ago 2014 20:16

Thanks, man! Would you recommend a good entry point for divergences?

LazyBear

⋅ 19 ago 2014 02:15

Signalline-crossing after a divergence, followed by other confirmations like fib/SR bounce et al should be good, imo.

idiotofwallst

⋅ 24 gen 2021 06:41

@LazyBear, how do you get the Fib/Sr bounce?

grahvity

⋅ 16 ago 2014 19:48

Damn, dude. I need a separate folder in my favorite scripts just for yours. Thanks again.

LazyBear

⋅ 16 ago 2014 20:06

yw :)

shivanjalikn

⋅ 27 dic 2022 08:34

very good indicator sir...thx.

CrashCourseTrading

⋅ 11 feb 2022 10:30

lazybear - in forex you have volume provided by Oanda. Also, would be a great to add the pinescript version you have been using at the top. Most things are now being written in V4 and there is also a V5.

Looks good.

All my best

CC

JohneeeBlue

⋅ 11 lug 2020 17:47

Thank you so much for your work and sharing. Your Indicator ROCKS!! Sincerely!!

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