OPEN-SOURCE SCRIPT
Aggiornato KST-Based MACD
As a follow-up to my previous script:
I am posting a stand-alone KST-based MACD.
Note that this indicator is highly laggy. Specific care must be taken when using it.
The MACD-Signal crossing is quite delayed but it is a definite confirmation.
For earlier signs, the Histogram must be analyzed. A shift from Green-White signals the 1st Bear Signal.
A MACD-Signal crossing signals the 2nd Bear SIgnal.
The same applies for bull-signs.
This indicator is useful for long-term charts on which one might want to pinpoint clear, longterm divergences.
Standard RSI, Stochastic RSI and MACD are notoriously problematic when trying to pinpoint long-term divergences.
Finally, this indicator is not meant for pinpointing entry-exit positions. I find it useful for macro analysis. In my experience, the decreased sensitivity of this indicator can show very strong signs, that can be quite laggy.
Inside the indicator there is a setting for "exotic calculations". This is an attempt to make this chart work in both linear/negative charts (T10Y2Y) and log charts (SPX)
Tread lightly, for this is hallowed ground.
-Father Grigori
I am posting a stand-alone KST-based MACD.
Note that this indicator is highly laggy. Specific care must be taken when using it.
The MACD-Signal crossing is quite delayed but it is a definite confirmation.
For earlier signs, the Histogram must be analyzed. A shift from Green-White signals the 1st Bear Signal.
A MACD-Signal crossing signals the 2nd Bear SIgnal.
The same applies for bull-signs.
This indicator is useful for long-term charts on which one might want to pinpoint clear, longterm divergences.
Standard RSI, Stochastic RSI and MACD are notoriously problematic when trying to pinpoint long-term divergences.
Finally, this indicator is not meant for pinpointing entry-exit positions. I find it useful for macro analysis. In my experience, the decreased sensitivity of this indicator can show very strong signs, that can be quite laggy.
Inside the indicator there is a setting for "exotic calculations". This is an attempt to make this chart work in both linear/negative charts (T10Y2Y) and log charts (SPX)
Tread lightly, for this is hallowed ground.
-Father Grigori
Note di rilascio
Minor code change.Note di rilascio
Added a ribbon, I love that stuff...Note di rilascio
Aesthetic changes.Note di rilascio
Updates in default values to make the indicator more responsive, while keeping it beautiful.Note di rilascio
Added copyright. I love that indicator.Note di rilascio
Now KST is calculated using EMA by default. This is done for increased sensitivity. You can always revert back to SMA.Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.