Another simple version of the MACD RSi Confluence script. But this is one is more simplified with simple signals. Again to fully understand macd & RSI you should already have some type of knowledge of how they work. With understanding this script & it's signals are great for those who do. This script is based on Barcolor signals reflected by macd & RSI data
After receiving some multiple request to provide a MACD indicator that displays multiple timeframes at the same time I created this simple script.
You can use this script for free and adjust it as much you like.
With this script you can plot 6 MACD lines & 6 Signal lines.
• Current Timeframe MACD Line
• Current Timeframe Signal Line
• 15 minute...
Uses two sets of MACD plus an RSI to either long or short. All three indicators trigger buy/sell as one (ie it's not 'IF MACD1 OR MACD2 OR RSI > 1 = buy", its more like "IF 1 AND 2 AND RSI=buy", all 3 match required for trigger)
The MACD inputs should be tweaked depending on timeframe and what you are trading. If you are doing 1, 3, 5 min or real...
Based on comment of @coondawg71 I tried to compare VWAP and EVWMA.
Both are sort of moving averages so I decided to create a MACD based on these 2 indicators.
In parameters you can set EVWMA Length and 2 smoothing lengths for "macd" and "signal".
Strategy seems to work pretty good at 2h-8h timeframes for crypto.
What do you thing about it?
Pretty simple EVWMA (Elastic Volume Weighted Moving Average ) MACD Strategy.
EVWMA is a quite interesting moving average where the period of the MA is defined from the volume itself.
It incorporates volume information in a natural and logical way. The EVWMA can be looked at as an approximation to the average price paid per share.
As a volume period, you can use...
Continuing deeper and stronger with the screeners' educational serie one more time
I - Concept
This is the first flexible screener I'm releasing. Screener detecting a convergence whenever the MACD and MM cross are giving a signal in the same direction.
Those who know me from TradingView ... are aware that I'm big on convergences. I totally think...
You must have missed some trading opportunities of MACD Divergence due to oversight. So I create and share this script to help u seize the chances.
This indicator is based on CM_MacD_Ult_MTF created by ChrisMoody.
A request I thought would be useful to code.
Very simple script that allows to create alerts on MACD divergences, based on @wanliyu script.
I also removed the security function to avoid repainting.
Red background is bearish divergence and green background is bullish divergence.
The McClellan Oscillator was created by Sherman and Marian McClellan and it is essentially a MACD of the advancing and declining symbols of the day and is best used as a comparison with the biggest stocks such as my example Apple but that is just my opinion. I pulled the symbol names from a Trading View blog so I'm not 100% sure if they are accurate so please let...
Bonjour/Salut ça va?
Ok enough for the french :) You guys should really stop challenging me on things on Pinescript and asking me if it's possible or not because... that's the second time in a row I'm about to reveal a nice trick
Please take this example as a proof of concept/feasability. This follower said "I'm tired of manually filling the fields of my...
IMPORTANT!!! MAKE SURE "RECALCULATE AFTER ORDER FILLED" IS CHECKED. I will have it on by default in the future.
This is a continuation of my previous scripts of two MACD indicators with a Stochastic RSI indicator.
- Alternate MACD time interval
You can now set the time interval for the second MACD indicator to a different resolution...
This is an upgraded version of my MACD_trendtrader indicator.
- Histogram slope changes colors according to the direction of the slope.
- Panel that displays volatility of the asset. The volatility is measured from 0 to 100. Zero being the lowest and 100 the highest volatility. I also included different text colors for a certain volatility value (white=...