Convergenza/Divergenza di medie mobili (MACD)
MACD with highlighted positive and negative trendThe values used by this indicator are equal to MACD 12 26 9 (and Signal). Only changes are made to looks:
If MACD closes higher than Signal, then we are seeing green. Else, we are seeing red.
Another point is that we get a blue circle when there is a trend change from bullish to bearish or vice versa. Please note that there needs to be an offset for this. We will only see the circle, when there already WAS (instead of is) a trend change.
MacD Convergence/DivergenceI made this script to get a line (or histogram) of the macd and the signal (macd + signal), the principle remains the same as with a standard macd. You can notice that the divergences are present, and that the interpretation does not change, personally, I use ema band, which helps me to confirm the tendencies and to detect divergences!
PT2_Stochastic RSI / MACDThis indicator is designed for use with Profit Trailer version 2 and plots the values of RSI, Stochastic, StochasticRSI and MACD.
Due to the decimal values that they all produce, There are some important things to understand before using this indicator.
In PT2, RSI and Stochastic require values between 0 and 100, but StochasticRSI requires values between 0.00 and 1.00. Because of this the following needs to be understood.
RSI:
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The buy and sell values and limits are inputted as values between 0 and 100, but they get divided by 100 so to map alongside StochasticRSI on the indicator scale.
In other words an RSI buy value inputted as 30 will display as 0.3, but in your PT2 settings you would still input 30.
Stochastic:
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Stochastic and StochasticRSI share common buy and sell value input fields for this indicator (so you can't use BOTH Stochastic and StochasticRSI at the same time, in the same indicator).
The buy and sell values and limits, need to be written as decimal values between 0.00 and 1.00 even though within the PT2 settings, Stochastic is inputted as values between 0 and 100.
So when translating values from this indicator to your PT2 settings, a Stochastic Buy Value of 0.3 in this indicator will be written in your PT2 settings as 30. Just like RSI.
StochasticRSI:
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PT2 uses StochasticRSI values between 0.00 and 1.00 (as mentioned above). It is because of this, to enable RSI and Stochastic to display together, everything is displayed using the decimal notation of between 0.00 and 1.00.
MACD:
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The MACD is completely different and produces a decimal value down to 9 decimal places as used in PT2, making it not compatible with the RSI and Stochastic values.
So at the top of the settings of this indicator, you need to choose which indicator you wish to view at a time (Stochastic-RSI or MACD, not both).
Also, Trading view doesn't handle negative decimals down to 9 places very well, so the Buy/Sell Value/Limit numbers you enter here will be divided by 100,000,000.
This means that if you enter a MACD Sell Value of -250 in this indicator, it gets translated to -0.000000250. This would be the decimal value you would put in your PT2 settings.
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I hope this indicator helps you all out, feel free to show any appreciation you have in what ever way you feel you can.
// Created 2018 - by @Squiggles#8806
// LTC Tip Jar: LX4bUBdjiRPsagUbZoAczSGgDC4YqTJL7w
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PTStratX Trial - Multi Oscillator AddonPTStratX Trial - Multi Oscillator Addon
The PTStratX multi period oscilator is the perfect complement to visually set and optimize the indicators used in PTStratX
You can display RSI, StochRSI and MACD with different time periods in a seperate diagram below the chart with this Addon.
For example you can display in an 1m candle chart a RSI with candle size of 1h, a StochRSI (PT2 implementation) with 30 minutes and a MACD with 15 minutes
Please visit ptstratx.com for further information.
This is only a Testversion!
Testcoin ADABTC -2.94%
TestDate 04/07/18 - 04/21/18
Buy-Sell BuddyS = Confirmed sell signal
B = Confirmed buy signal
U = Unknown signal - hold previous position
This is a simple script based on MACD and exponential moving average working together. If there is a disagreement between them, an "unknown" state is shown and denoted by a "U".
MACD Histogram Multi-TimeframeThe MACD-Histogram represents the difference between the MACD (i.e., the between the two EMAs) and the signal line (i.e., the 9-day EMA of the MACD). The histogram is positive (i.e., above the zero line) when the MACD is above the signal line and negative when the MACD is below the signal line.
HOW IS IT USED ?
A bullish crossover occurs when the MACD histogram is negative and a bearish cross over occurs when the MACD histogram is negative.
I added the possibility to add on the chart a 2nd timeframe for confirmation.
If you found this script useful, a tip is always welcome... :)
MACD percentage price oscillatorMACD Percentage Price Oscillator is a variation of the MACD indicator. Signal line crossovers are almost identical. The major difference is the MACD Percentage scale which enables comparison between stocks at different prices.
MACD Percentage Price Oscillator's trading signals are the same as for the MACD indicator. The MACD indicator is primarily used to trade trends and should not be used in a ranging market. Signals are taken when MACD crosses its signal line, calculated as a 9 day exponential moving average of MACD.
First check whether price is trending. If the MACD indicator is flat or stays close to the zero line, the market is ranging and signals are unreliable.
Signals are far stronger if there is either:
- a divergence on the MACD indicator; or
- a large swing above or below the zero line.
- Unless there is a divergence, do not go long if the signal is above the zero line, nor go short if the signal is below zero. Place stop-losses below the last minor Low when long, or the last minor High when short.
The main advantage of MACD Percentage over MACD is the ability to compare indicator values across stocks.
The only difference with MACD Percentage Price Oscillator is that the difference between the fast and slow moving averages is calculated as a percentage of the slow moving average: MACD = (12 Day EMA - 26 Day EMA) / 26 Day EMA
indicator for v3it's a simple indicator for my script there are some indicators can't be shown clearly when overlay.
Support MACD,RSI,STOCH,STOCHRSI
this script will only show the value profit trailer is using if you need the full function indicator you can use the built-in.
you need to set the SAME value of setting you are using in my script V3 except for buy_value and limit.
Feel free to donate if you think my scripts are useful.
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