The goal of this indicator is to plot the MACD, Signal, and Histogram values "as if" the chart is a true price action based Renko chart. It can be used on a time series chart or Renko series chart. The MACD is derived from the raw price action of a time-based chart, where the historic and live price is clustered into Renko bricks. The Renko brick production...
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...
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. Enjoy !
Hi guys and gals. This is the newer version that I have modified and revamped from the original code by NigglesSquiggles. (ok'd by the man himself). :) Great for free members as you get all the MA's and EMA's you need on one indicator slot leaving 2 more slots for other desired indicators. This indicator will give you 5 MA's along with 5 EMA's. Two of the MA's...
Removed pointless Histogram Added an alert when the MACD is a confirmed close when crossed over the Signal.
Bollinger and macd, could life be any sweeter. use the moment the points curl in towards the outer bbands to gauge an entry or exit. example: 1. the trend is bullish and the points are sailing above the upper bollinger band, the points start to curl towards the bband = short 2. the trend is bearish the points are travelling below the bottom bband, the points...
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.
Special MA- Macdi oscillator --->coinopi.com/indicator --->The positive area below the line
Identify Divergences on 6 oscillators simultaneously. From the bottom up. 0 to 1 (black): MACD 1 to 2 (green): Elders Force Index 2 to 3 (blue): RSI 3 to 4 (purple): Awesome Oscillator 4 to 5 (red): Commodity channel index 5 to 6 (orange): Stochastic You can change the identification of the divergence in the settings and use the Oscillator Divergences ...
To avoid delays, I added a small method When the little black dot goes out of the histogram , it will tell you the reversal sooner
MACD Line instead of MACD histogram or area. This gives more opportunities to catch divergences. I showed regular MACD Histogram on top and then this indicator on bottom and showed with the red and green lines where you could catch multiple bearish and bullish divergences using this indicator vs a regular MACD histogram. Send me a private message to join my...
MACD-X, RSI & Volume Indicator & Alerts Study - Version 3.1 Overview This study and it's associated strategy were modeled after the famous Philakone described algorithms on his now defunct instructional video series. This indicator allows for full customisation of parameters and interaction between three indicators that allow users to shape their trading...