JamesCart's Feigenbaum Constant/Rate Of Change indicatorThis is an indicator that compares the rate of change as a proportion to the Feigenbaum Constant (The black line). The green line is a positive divergence from the rate of change, the red is a negative divergence from the rate of change. When the Red line is on top and the green line is on the bottom, then that is a bearish trend. When the Green is on top and the red is on bottom, that is a bullish trend. The black line also helps indicate a general bullish or bearish trend based on how it moves.
When the lines "open up" that means a trend is beginning, when the lines close that means the trend is ending. This indicator is a powerful leading indicator and needs sensitive eyes. Every small movement needs to be given consideration.
K-macd
Volume Weighted MACD with Named PlotsLiterally just copied VWMACD but named the plot lines to make setting alerts more clear.
The WWG Plan Indicator V2█ OVERALL
This indicator was specifically created for the Walsh Wealth Group.
In short it is a fusion of some of the most basic and widely used indicators to show overbought patterns and trend reversals.
Its best usage is with LTF scalping and agressive profit taking but can also be used to find HTF dips and buy-zones.
█ FEATURES
Buy Signal (Buy):
Printed only with all confirmations triggered
Small Buy Signal (B1 & B2)
Printed if some of the confirmations are triggered and can be treated as DCA entries or for further
confirmation with other indicators and basic TA.
Crayons (Color Bars):
Blue: RSI is oversold
Olive: RSI and Stoch RSI are oversold
Yellow: RSI, Stoch RSI are oversold and lower Bollinger Bands are crossed by Low
Orange: RSI, Stoch RSI and CCI are oversold
Trailing SL:
If activated in the config, a trailing SL can be displayed on the chart based on ATR.
█ SETTINGS
The underlying indicators used are RSI, Stoch RSI, Bollinger Bands, MACD and CCI.
All possible configs can be changed in the config settings.
█ GENERAL INFORMATION
Depending on the settings, the indicator performance will be highly affected.
This indicator is only displaying highly oversold areas and events of trend reversal it is not a *God*-Signal and will print false positives.
█ ALERTS
An alert for the main buy-signal is implemented and can be used via the TV alert functionality.
EMA Cross and MACD Signal CombinedThe rule is simple.
When MACD crosses up, it is supposed to give a buy signal. However, before entering into a Long position, there is a need for a confirmation. This confirmation can be from a down trendline breakout or from another indicator.
In this case, I've chosen the Exponential Moving Average Cross to be as the confirmation.
The Buy Signal will appear when there it fulfills the following conditions:-
i. The MACD line is above the Signal Line
ii. The fast EMA crosses the Slow EMA
The Sell signal will appears when the opposite of the above condition is met.
This indicator is meant for the Swing Trader whom would like to hold a position for a long time.
MACD including 6-period Forecast and Divergences█ OVERVIEW
This is my personal interpretation of the classic MACD Indicator. I am using the MACD as part of my analysis, and often I was wondering when I can expect the next signal (e.g. a Histogram cross). As I had come across some EMA forecast logics on tradingview, my goal was to use the EMA forecast calculation as basis to come to a complete MACD forecast. Here is the result.
Starting point is the classic MACD which is then plotted with MACD-Line, Signal Line and Histogram. In addition to the classic MACD, a 6 period Forecast for MACD, Signal and Histogram is available and divergences can be displayed on either the Histogram or the MACD Line.
Important:
As I am considering the closing price of the current candle as the basis for the calculation, the forecast values will REPAINT. But in my opinion this is fine as this indicator will not provide direct trading signals, but more an outlook into a potential future.
█ CALCULATION LOGIC
Below some details regarding the additional functionalities:
MACD Forecast:
The MACD Forecast is mainly based on a combination of EMA Forecasts. The inspiration for this basic forecast calculation is taken from the below tradingview members:
--> EMA Forecast input taken from "Triple MA Forecast" by yatrader2
--> Forecast Bias input taken from "Fancy Bollinger Bands" by BigBitsIO
When showing the forecast, the following options are available:
- Forecast Type: Determines if the Forecast is assuming a Flat price (last values of the MA calculation are replaced by current value) or if a Linear Regression is taken
- Number of candles taken for Linear Regression Calculation
- Bias of Forecast (Based on the recent Average True Range, the forecast values are either more bullish or more bearish calculated. "Neutral" turns off this function)
- Number of ATR Periods used to calculate Bias adjustment value
- Possibility to weight the Bias via a Multiplier - Default value is 1
Based on the above inputs, the forecasted values for MACD, Signal Line and Histogram are calculated and plotted for the next 6 periods.
Divergence Detection:
Based on the default tradingview divergence script with some adjustments:
- User can select to use either Histogram or MACD Line as basis for Divergence detection (Histogram by default)
- User can select if Divergence detection should be based on the candles including Wicks or only the Candle Bodies (Wicks by default)
█ DISCLAIMER
This is an experimental indicator and I do not know if my theory works in real life. So treat this not as financial advise, but purely for entertainment and educational purposes.
I publish this code open so that everyone can re-use it or hopefully even improve it.
Let me know if you have any ideas for improvement and if it is within my coding capabilities (which to be honest are quite limited), I will try to accomodate it.
Have fun.
On Chart Reverse MACD HistogramThe On Chart Reverse MACD Histogram is a visual representational spin of the original MACD Histogram to assist the end-user in their decision making for entry, exit and risk management, as well as freeing up space for the chart.
The On Chart Reverse MACD Histogram, which very basically is a reverse engineered calculation of the MACD's Histogram gives the user a visual representation of the relationship between the current price and the MACD's Histogram on the chart instead of having to reference the MACD itself. At a glance this can then be used to visually see on the chart the closing price level needed in order to change the MACD's Histogram momentum either up or down.
Optional Settings Include:
-------------------------------
1.) Show/Hide Reverse MACD Histogram Momentum text
2.) Change the Reverse MACD Histogram Momentum information type (Basic/Detailed)
3.) Change the Reverse MACD Histogram Momentum text size
4.) Change the Reverse MACD Histogram Momentum text color
5.) Change the Reverse MACD Histogram Momentum text left margin
6.) Show/hide the Reverse MACD Histogram Momentum text currency
7.) Change the Reverse MACD Histogram Momentum text decimal value
8.) Show/hide the MACD Histogram Momentum Level
9.) Show the MACD Histogram Momentum Level As Columns *
* Please Note: When using the "Show Histogram Level As Columns" setting, in order to display this feature correctly without distorting the chart, click the ⚙️ (cog) icon in the bottom right corner of your chart and select the 'Scale Price Chart Only' option.
Better OBVOBV with William C. Garrett's Approximation
In the classical OBV (On-Balance Volume) indicator, it simply takes the idea from traditional tape reading - treat the "up tick" as Buy, "down tick" as Sell, and it assumes no change in price as neutral* (*which is not the case in tape reading).
When it comes to interpret the daily volume as such, errors will add up cumulatively. For example, there are days when a Doji Star with high volume just merely one cent higher than yesterday price and the whole day volume would be taken as a BUY Volume....
Here is a gentlemen, William C. Garrett, attempted to break down the daily volume into two parts in his book - "Torque Analysis of Stock Market Cycle".
Published indicator has two modes: Cumulative and Time Segmented. Time Segmented Volume (TSV) - performs a MACD operation on the Garrett Money Flow.
Note on Divergence:
When using a indicator as Time Segmented Money Flow, divergence would surely occur on and off. This is where Wyckoff 3rd principle comes into play - "Effort vs Result" that is not matching. Meaning that the cumulation of shares goes in one direction while the price goes another direction.
MACD Seasons by Dr Ken Longthis specific Moving Average Divergence Convergence Seasons Indicator is made by Dr Ken Long Tortoise Capital brings a unique way of the flow of the market, the 4 seasons are used to describe the areas of the MACD so for example when the area is below zero and hasn't crossed the EMA 5 we call that winter which is very bear bias, once you get support in winter and crosses above the EMA 5 we call that fall which is the first indication of support for price and some weakness toward the downside. if the MACD is above the zero line we call that summer which is a very bull bias valued area, and once it crosses below the EMA 5 then that's where we call fall mode showing us weakness and very slight indication of a possible reversal. the MACD can be both used for swing trade and day trading, it provides a unique insight to the markets showing the layers of a trend using seasons.
MACD with Lines - ChartWhat is MACD with Lines - Chart and why do you need it?
I use it for chart analysis to identify key macd /signal levels from which bullish / bearish market structure continues to develop.
Chart means that every Macd /Signal cross above/below the signal lines will be notified on your Chart and not on your MACD Indicator. To see them on your chart please choose "MACD with Lines - Default" in my library.
Once Signal, Macd or the Histogramm cross over or under your upper or lower signal line you will see background colors which you can adjust in the settings menu.
This small indicator is for a larger project which will be uploaded in several days/weeks.
MACD with Lines - DefaultWhat is MACD with Lines - Default and why do you need it?
I use it for chart analysis to identify key macd/signal levels from which bullish/bearish market structure continues to develop.
Default means that every Macd/Signal cross above/below the signal lines will be notified on your MACD Indicator and not on your chart. To see them on your chart please choose "MACD with Lines - Chart" in my library.
Once Signal,Macd or the Histogramm cross over or under your upper or lower signal line you will see background colors which you can adjust in the settings menu.
This small indicator is for a larger project which will be uploaded in several days/weeks.
MACD Intraday Trend - RSJMACD Intraday Trend is an Indicator developed through an adaptation made of the original MACD created by Gerald Appel in the 1960s.
Through years of trading it was observed that by changing the parameters of the MACD with Fibonacci proportions we achieve a better presentation of the continuity of the trend movements, making that it is possible to more efficiently detect the beginning and end of a price trend.
Due to its efficiency in detecting price trends, it is also possible to identify very clearly the divergences of tops and bottoms, thus taking better advantage of trading opportunities.
-> Every time the histogram is positive and crosses the signal line down there is a high probability that an uptrend will end and a downtrend will start.
-> Every time the histogram is negative and crosses the signal line up there is a high probability of ending a downtrend and starting an uptrend.
The Indicator MACD Intraday Trend works with any currency pair, at any candlesticks timeframe and with Renko charts.
The Indicator has an amazing performance on Renko charts.
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MACD Intraday Trend é um Indicador desenvolvido através de uma adaptação feita do MACD original criado por Gerald Appel nos anos 1960.
Através de anos de trading foi observado que alterando os parâmetros do MACD com proporções de Fibonacci conseguimos uma melhor apresentação de continuidade dos movimentos de tendência, fazendo com que seja possível detectar de forma mais eficiente o início e fim de uma tendência de preços.
Devido sua eficiência em detecção de tendências de preços é possível também identificar com muita clareza as divergências de topos e fundos, desta forma aproveitando melhor as oportunidades de trading.
-> Toda vez que o histograma estiver positivo e cruzar a linha de sinal para baixo existe uma alta probabilidade de fim de uma tendência de alta e início de uma tendência de baixa.
-> Toda vez que o histograma estiver negativo e cruzar a linha de sinal para cima existe uma alta probabilidade de fim de uma tendência de baixa e início de uma tendência de alta.
O Indicador MACD Intraday Trend funciona com qualquer par de moedas, em qualquer tempos gráficos com candlesticks e gráficos do tipo Renko.
O Indicador tem uma performance surpreendente em gráficos do tipo Renko.
MACD classic strategy setupsetup for a classic MACD strategy with some filter to choose.
it keep the default setup of MACD because is the most popular.
it place the stop loss and take profit based on the trading rush video of MACD, if you want a different profict factor you can change until to reach 3, over this as a fixed risk reward don't have so much sense
CT Reverse MACD CrossIntroducing the Reverse MACD Cross
MACD.... short for moving average convergence/divergence, is a trading indicator used in technical analysis of stock prices, created by Gerald Appel in the late 1970s.
It is designed to reveal changes in the strength, direction, momentum, and duration of a trend in a stock's price.
Prior work by Johny Dough showed how we can compute the price level required to make the MACD stay at its current level,
and also how to compute the price level required for the MACD to cross the zero line.
I have brought that idea to it logical conclusion for the MACD by creating a new function which also computes the price level required to cross the MACD with its signal line.
This allows the user to quickly see all of the most relevant information from the MACD and the actual price levels where the indicator will change its posture.
The MACD indicator (or "oscillator") is a collection of three time series calculated from historical price data, most often the closing price.
These three series are:
the MACD series proper shown here in blue
the "Signal Line" or "average" series shown here in red
the "Divergence" series which is the difference between the two shown here as a histogram.
There is also usually a baseline set at zero.
The MACD series is the difference between a "fast" (short period) exponential moving average (EMA), and a "slow" (longer period) EMA of the price series.
The average series (signal line) is an EMA of the MACD series itself.
The MACD indicator thus depends on three parameters, namely the time periods of the three EMAs.
The notation "MACD ( a, b, c )" usually denotes the standard indicator where the MACD series is the difference of EMAs with characteristic times a and b, and the average series is an EMA of the MACD series with characteristic time c.
There is an infobox which displays...
Whether the MACD is falling or rising
the price level which will make the MACD to change from rising to falling or vice versa
the price level which will cause the MACD to cross the signal line
the price level which will cause the MACD to cross the zero line
The most commonly used values are 12 for the fast, 26 for the slow, and 9 for the signal line, that is, MACD ( 12, 26, 9 ) .
The MACD and average series are customarily displayed as continuous lines in a plot whose horizontal axis is time oscillating above and below a zero line, whereas the divergence is commonly shown as a bar graph / histogram.
A fast EMA responds more quickly than a slow EMA to recent changes in a stock's price.
By comparing EMAs of different periods, the MACD series can indicate changes in the trend of a stock.
It is claimed that the divergence series can reveal subtle shifts in the stock's trend.
Since the MACD is based on moving averages, it is a lagging indicator. As a future metric of price trends, the MACD is less useful for stocks that are not trending (trading in a range) or are trading with unpredictable price action.
SmoothOps v1 - StudyThe purpose of this script was to fine tune an indicator on BTCUSDT . I think the results speak for themselves in the study version.
This is a script that uses the MACD to predict future price movement. The original MACD signal lags too much for my taste so I went searching for something that could give signals sooner. I decided a smooth macd would help filter out noise and grabbing the highest values and lowest values over the past number of bars. I spent several days backtesting different settings and combinations of signals to arrive at what you see now. This strategy has been fine tuned for BTC /USDT on Binance, so I suggest you only use it for that. Any other coin/pair and exchange will need a new backtest since the data will be different. This is not a generalized indicator like everything else. It's specifically good at one thing: prediction BTCUSDT on Binance.
I wanted to also add the histogram from the study version but there wasn't a good way to do that, so I came up with a visual solution using color transitions on the 168sma. When the color changes from blue to red it means the histogram is reversing.
I added forecasting to the moving averages to help people predict future movement so they can make decisions by something other than just a sign of when to buy/sell.
There is a transition prediction feature that blurs the macd signal to show when a reversal may occur before it happens.
I also added precitions into the indicator that show when there may be a possible bounce or major move because of a current squeeze in the moving averages.
And finally...
My biggest issue with indicators that other people sell is that they become visually deceptive when using supports and buy/sell signs. I came up with a solution that shows you exactly if you made profits during the trade or not. Hopefully this will inspire others to do something similar.
How to use:
Use only on BTCUSDT Binance.
Set the preset to the timeframe you want. I HIGHLY suggest only using the 1h timeframe. It gives the best profit over time.
Set the preset to custom if you want to try using your own settings.
You can change the source input if you want. ohlc4 usually works best for 1h.
Adjust the moving averages to your liking. You can also toggle the checkbox to completely remove them.
Turn on/off the forecasting of the moving averages.
Turn on/off the additional signals with the checkbox.
Transition prediction uses a blur variable to signal when the macd might be slowing down and reversing.
Bounce prediction and sensitivity tries to find possible reversal areas when price falls too fast or hits a specific moving average.
Macro signals just tries to show when price is above the 168moving average to get the macro trend.
Squeeze prediction indicates when a possible strong move may occur. Could go up or down though.
Show profit is my favorite part because it shows if you made profit during the last trade visually and non deceptively.
MACD Bull Crossover and RSI Oversold - AlertsHello everyone, these are the alerts for my previous "MACD Bull Crossover and RSI Oversold" Long Strategy. This version currently does not support stoploss and takeprofit alerts but the next update will.
Pure Volume Divergence [NeoButane]PVD: MACD with volume as source.
Options to configure:
OBV, PVT, or MFI as source
Display PVD or a faux zero-based oscillating CVD
RSIPRO TrendIndicatorThis RSIPRO indicator is based on RSI , BB and EMA and it has LONG/SHORT alerts for signals
In script settings you can specify:
1) Dispertion value, 0.15 by default. Dispertion around bolinger bands with RSI as source signal.
2) Use smoothing option and smooth factor value (3 by default). It smoothes RSI with moving average filter.
3) Enable/Disable filter to show signals only after RSI overbought/oversell zones
Disabled by defaults and RSI is 65 for upper zone and 35 for lower zone.
You can also specify how many bars back before current bar this filter must do. It's 10 by default, you can vary it up to 90.
Best fits for 4H timeframe. Also good for 15min scalping strategy. Fits for any crypto coins, forex, metals, oil and bonds.
This is invite only script. PM me if you want to test it.
On Chart Reverse MACD CrossThe On Chart Reverse MACD Cross is a visual representation of the Reverse MACD Cross calculation which can be used to assist the end-user in their decision making for entry, exit and risk management, as well as freeing up space for the chart.
The On Chart Reverse MACD Cross, which very basically is a smoothed reverse engineered calculation of the MACD Signal Line gives the user a visual representation of the relationship between the current price and the MACD Signal Line instead of having to reference the MACD itself. At a glance this can then can be used to visually see on the chart the closing price level needed in order to cross the MACD either up or down.
Optional settings include:
-------------------------------
1.) Show/Hide the Reverse MACD Cross label
2.) Change the Reverse MACD Cross label text size
3.) Change the Reverse MACD Cross label left margin
4.) Show/hide the Reverse MACD Cross label currency
5.) Change the Reverse MACD Cross label decimal value
Please PM me to obtain access
Reverse MACD Cross + Histogram DivergenceThe Reverse MACD Cross + Histogram Divergence is in essence the same MACD you all know and love with two added features which can be used to assist the end-user in their decision making for entry, exit and risk management.
The first feature is a Reverse MACD Cross price, which very basically is a smoothed reverse engineered calculation of the MACD Signal Line in relation to the current price level. At a glance this can then be used to determine the closing price level needed in order to cross the MACD either up or down.
The second feature is visual MACD Histogram regular as well as hidden divergences. This feature was added as MACD histogram divergences are not as easy to
spot as on the RSI for example, and can help the end-user train their eyes in order to spot them more accurately.
Divergence colors and description:
------------------------------------------
Green : Regular Bullish Divergence
White : Hidden Bullish Divergence
Red : Regular Bearish Divergence
Orange : Hidden Bearish Divergence
Optional settings include:
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1.) Show the Histogram only (Hide the MACD and Signal lines)
2.) Show/Hide the Reverse MACD Cross label
3.) Change the Reverse MACD Cross label text size
4.) Change the Reverse MACD Cross label left margin
5.) Show/hide the Reverse MACD Cross label currency
6.) Change the Reverse MACD Cross label decimal value
7.) Show/hide the MACD Histogram Divergence lines
8.) Change the MACD Histogram Divergence line offset
9.) Show/hide the MACD Histogram Divergence arrows
10.) Change the MACD Histogram Divergence arrow offset
11.) Change the MACD Histogram Divergence lookback (No. of bars to lookback)
Please PM me to obtain access.
rocketLaunchI wanted to see if I could programmatically identify the conditions I saw just before Bitcoin broke its all-time high end of 2020. The signal picks up several rocket launch moments prior to launching which is quite cool. It also picks up a few false starts, however. In any case, I would have loved to be stopped out on those false starts but been there for all the starts this thing picks up.
It could probably use more confirmatory elements such as trailing conditions and volume perhaps?
BINANCE:BTCUSDTPERP
