MACD/RSI - editedThis strategy checks MACDcrossover and RSI crossover. When MACD crosses up or down the signal line, it checks if RSI is crossing back OverSold or OverBought lines, respectively, over the past few candles. The period can be changed by the parameter "RSI lookback".
The strategy seems to work better for reversal—still a work in progress.
Cerca negli script per "MACD"
MACD+RSI+Flag v2 by RMThis source code is subject to the terms of the Mozilla Public License 2.0 at mozilla.org
There are a number of very clever people I have taken bits of code and ideas, thanks to you all :) © raul3429
www.investopedia.com
RSI: The relative strength index (RSI) is a momentum indicator measures recent price changes to evaluate overbought or oversold conditions.
MACD: Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD is = 12EMA - 26EMA, The histogram represent this difference.
Notes:
This code has Flags for first candle change during oversold/overbought shown as triangles, also and MACD 12 and MACD 26 crossings as diamonds. These are sometimes indicators of trend change.
RSI has been scaled down by "scaleRSI" parameter to enable plotting alongside MACD
Depending on the security being evaluated the RSI scale may need to be adjusted as the MACD ranges vary between symbols.
Disclaimer:
This is not a Financial advisory tool. For education purposes only. Use at your own risk.
MACD_Long_OnlyI created this indicator to calculate the gains that can be made purely by going long on the market. For exchanges without the ability to short, the standard MACD strategy is unable to accurately calculate the profit/loss from entering and exiting a position, as it includes profit/loss from actively shorting the market, which may either not be possible, or be undesirable for a specific asset.
Indicator: Schaff Trend Cycle (STC)Another new indicator for TV community :)
STC detects up and down trends long before the MACD. It does this by using the same exponential moving averages (EMAs), but adds a cycle component to factor instrument cycle trends. STC gives more accuracy and reliability than the MACD.
More info: www.investopedia.com
Feel free to "Make mine" this chart and use the indicator in your charts. Appreciate any feedback on how effective this is for your instrument (I have tested this only with BTC).
For people trading BTC:
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Try 3/10 or 9/30 for MACD (fastLength/slowLength). They seem to catch the cycles better than the defaults. :)
Pearson's R Convergence DivergenceThis script calculates the convergence divergence and breakouts from the deviations for a fast and slow linear regression slope.
This can be used to predict major market moves before they happen.
For users familiar with MacD, the blue line is similar to the MacD line and the orange line the signal.
The difference is this is not a moving average comparison but a comparison between Pearson's R values.
-0.1 (positive direction)
0.1 (negative direction)
This is why the colors look inverse for a typical MacD.
How to use this:
The idea is that when both trends converge in the 0.8 or -0.8 range and you see a breakout cross occur on either line then the price has a high likelihood of reversing its current trend.
If you see a green cross it means the top of the linear regression for the 'fast' or 'slow' linear regression deviation was broken by the current price. This can signify that upward movement is coming soon.
On the flip side a red cross means the bottom of the linear regression for the 'fast' or 'slow' linear regression deviation was broken by the current price. This can signify that downward movement is coming soon.
These crosses mean a lot more if the pearson's R value is already maxed out near 0.8 or -0.8.
This indicator works because the more sure a trend becomes the more likely it is to break as more traders see the pattern.
The histogram colors do not mean much being 'red' or 'green', what you want to look for is when the histogram starts to approach the 0 mark. This signifies that both linear regression trends are about to reach their peak before reversing trend. So don't confuse this with how you might read the MacD even though it looks very similar. The histogram sloping towards the 0 line will give you a clue how long it might take before the reversal occurs .
Please PM me if you have any questions, and enjoy!
Volume Cross ━ (For Volume Crop) [whvntr]This fulfills a request from user: iTibu to make an oscillator to go along with one of my indicators named: " Volume Crop ━ Hidden Volume Divergence ". It essentially does the same thing, without the Midline Tool , so you can better understand where the crosses are happening. Again, the hidden MACD Divergence circles formula originated from TheLark. I converted these values to volume instead of price.
Disclaimer: using this indicator, or any indicator anywhere, involves risk when trading and isn't a guarantee of 100% accurate results.
MACD Willy StrategyThis strategy is mainly developed for scalping / intraday trading. It could potentially be used to identify entry/exit signals for short term options trading. It performs decently well on popular stocks when used on time frames between 5 min to 15 min using regular session bar data. It combines 3 popular indicators, EMA, MACD, and William %range, to generate both long and short signals.
EMA:
Default is 200 EMA line.
MACD:
Default is 12/26 lengths for fast/slow signal inputs.
William %R - Smoothed (Published):
This is a custom indicator that generates two moving average lines from the original William %R line.
How it works:
Entry conditions:
1. Long/short entries when bar closes above/below EMA line
2. Long/short entries when MACD line is above/below signal line (histogram > 0 for long, < 0 for short)
3. Long/short entries when William %R fast MA line is above/below slow MA line
Exit conditions:
1. Exit long when MACD line is below signal line, vise versa for exit short
2. Exit long when William %R fast MA line is below slow MA line, vise versa for exit short
3. Exit long when William %R fast MA line must in below the overbought (-20) limit, exit short when above the oversold (-80) limit.
***Note that parameters are NOT optimized for any particular stocks / instruments.
Enjoy~~!!
CA - Indicators ColorsThe following indicator help to have an idea of the current state of the MACD and FullStochastic in 1 hour and 1 day. If you are a trader that is regularly using stochastics and macd indicator and don't have enough space in you screen this might help to increase the space in your screen.
Parameters used on MACD: 12, 26,9
Parameters used on Stochastics: 14,5,5
The whole idea of the indicator is if you see an entry for a long position, you can confirm that a higher timeframe its aligned by both indicators and if you are seeing an entry for a short position you can confirm with a higher timeframe.
This indicator doesn't provide an entry or exit signal, but lets you verify where is the trend going in those timeframes so it helps you decide to make the trade.
Stochastic
Green: going up
Red: going down
Macd
Green: going up
Light Green: previous was green and going down.
Red: going down
Light Red: previous was red and going up
Keep in mind, the colors are going to get updated as long as the market is active.
Any feedback its appreciated.
MACD Alert [All MA in one] [Smart Crypto Trade (SCT)]This code is a gift from "Smart Crypto Trade (SCT)" group
MACD indicator contains 3 EMA, I think one of the best usage of MACD is trend detection and divergences.
In our indicator, you can select the type of Moving averages that used in macd.
You can using "MACD" based on several types of moving averages including:
Exponential Moving Average ( EMA )
Volume-Weighted Moving Average ( VWMA )
Simple Moving Average ( SMA )
Weighted Moving Average ( WMA )
Exponentially Weighted Moving Average (RMA) that used in RSI
Smoothed Moving Average ( SMMA )
Arnaud Legoux Moving Average ( ALMA )
Double EMA ( DEMA )
Double SMA (DSMA)
Double WMA (DWMA)
Double RMA (DRMA)
Triple EMA ( TEMA )
Triple SMA (TSMA)
Triple WMA (TWMA)
Triple RMA (TRMA)
Linear regression curve Moving Average ( LSMA )
Variable Index Dynamic Average ( VIDYA )
Fractal Adaptive Moving Average ( FRAMA )
In other words we tried to collect all the most popular MAs in our MACD indicator.
In addition, you can use four types of alert or alarm conditions for detection LONG or SHORT positions and trends. For this, you must set an alert in alert tab and set the condition based on four defaults conditions.
Enjoy
MACD - STOCH - RSI This indicator combines the
- MACD w/ Volume Conditions
- STOCHASTIC
- RSI
All into one place, to help find confluences between popular convergence / divergence indicators.
It's primary use is the histogram of the MACD.
The colors change whether or not the current bar is higher or lower than the previous.
Lighter shade signifies the bars are getting smaller.
You can also enable a feature which will change the color of the histogram depending on the volume.
There are 2 conditions which can be met which signify ' Increasing Volume ' and ' Above Average Volume '.
If the MACD is above 0,
Light Blue signifies increasing volume.
Dark Blue signifies above average volume
If the MACD is below 0,
Light Purple signifies increasing volume.
Dark Purple signifies above average volume.
Having volume conditions within the histogram are meant to act as confluence. For example, if the histogram is
rising and light blue or dark blue bars are shown, this could hint towards a larger move to the upside if previous
upswings on the histogram were only green.
Increased volume near the peak of a move can also signify lots of orders coming into the market in hopes
of reversing the current trend or starting a correction.
formula:
Avg of volume over past 10 bars * 1.5 = increasing volume
Avg of volume over past 10 bars * 2 = Above Average Volume
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The RSI and STOCHASTIC have been run through a custom function which moves the values. The middle line is now 0.
Where on most RSI and STOCHASTIC indicators the middle line can be considered 50, with overbought levels nearing 70
and oversold levels around 30.
On the M.S.R , the RSI overbought levels are by default 20, and oversold -20.
I've done this because for myself it was easier to understand RSI was becoming oversold if it went below 0, not 50.
The same function also applies to the STOCHASTIC indicator.
The RSI and STOCHASTIC can also be displayed together to help see the conditions of both indicators at once.
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SPY Ninja Oscillator
SPY Ninja Oscillator correlates the true strength index exponential moving averages of SPY (green) and VIX (red) together. In doing so we can determine the start of trend shifts via SPY / VIX convergence in addition to crossover, with potential market entries and exits represented by the vertical green and red bars.
MACD and RSI have been scaled proportionally to the oscillator range ( for rsi: (rsi-50)*. 01 , and for macd: macd /3) and when overlaid and used in conjunction with the market vertical entry and exit signals, potential trend prediction becomes much more apparent.
SALEH All in One Strategythis script is based on MACD strategy
for MACD:
when we have an uptrend ( the price is above the EMA 200) & the macd line cross up the signal line while they are both under the 0 level of histogram it generates buy signals.
when we have a downtrend ( the price is below the EMA 200) & the macd line cross below the signal line while they are both above the 0 level of histogram it generates sell signals.
donchian channel works as a confirmation for the macd signal.
this strategy works best at London session.
feel free to comment
best regards Forexsquad2020
MAC-Z [ChuckBanger]Here I show the relationship between the MACD and Z-Score in a indicator called MAC-Z. MACD is short for moving average convergence/divergence and is in it self showing the relationship between two EMA. The Z-Score in contrast is related to Bollinger Bands and in MAC-Z the Z-score is the difference between the current price and a moving average divided by the standard deviation of price over the same time period.
MAC-Z has its best use in the short term time frames in my opinion compared to MACD. Here i show from current time of writing how effective it is.
More info on MAC-Z:
cssanalytics.wordpress.com
Also take a look at MACD Leader:
MACD/EMA/SMA/Ichimoku Confluence StrategyThis strategy uses a number of chart indicators to provide a Bullish/Bearish signal. Using a combination of the 200 SMA, the 20 EMA, the MACD and the Ichimoku cloud, the strategy logic will adjust the amount of confluence required between the indicators depending on how bullish or bearish the chart is looking. The logic looks for the following:
- Are we above or below the 200 SMA?
- Are we above or below the 20 EMA?
- Have we had a bullish MACD cross?
- Where are we in relation to the Ichimoku cloud?
If the coin is below the 200 SMA, then the strategy will only give a buy signal if the coin closes a candle above the 20 EMA AND the MACD is bullish and either the Ichimoku cloud is green, or the coin is above the Ichimoku cloud (regardless of colour).
If the coin is above the 200 SMA, Then the strategy will give a buy signal if the coin closes a candle above the 20 EMA AND the MACD is bullish and the coin is either IN the cloud (not necessarily above it) or the cloud is green.
The reverse is true for a sell signal, i.e. when the coin is above the 200 SMA it must close a candle below the Ichimoku cloud and be bearish in relation to the 20 EMA and MACD. If it is below the 200 SMA, then the strategy will give a sell signal if the the EMA/MACD conditions are true and the coin enters the cloud.
This strategy gives a fairly conservative signal for entry and exit points, but is fairly successful across a number of time frames, both short term and long term. As with all my strategies, I only include LONG entries and closes, not SHORT entries (as I find they make for inaccurate backtesting).
Please feel free to like, share, critique and suggest any improvements to this strategy. All feedback, positive and negative, is appreciated.
Traders Dynamic Index Indicator Alert v0.1 by JustUncleLThis is a trend trading indicator+alert utilising the Traders Dynamic Index (TDI), Price Action Channel (PAC) and Heikin Ashi candles.
About 6months ago I came across the use of TDI in "E.A.S.Y. Method" that I found in forexfactory forums: www.forexfactory.com
and I was able to set up a chart based on the specifications by using Kurbelklaus scripts. However, I found that the alerts were being generated one or two bars too late, so at that time I was not successful using it with Binary Options. A few months later I found a variation of the method in the forecfactory forums which is able to generate the alerts a bit earlier, so this indicator is a modification of that early detection version.
The indicator can optionally use Heikin Ashi candles only for all it's calculation. I would recommend viewing the chart with Heikin Ashi candles, these smooth out the trends and makes trends very clear.
I found that this method it works good with most currency pairs or commodities and with 5min+ timeframe charts. I would suggest expiry of 2 to 6 candles.
ALERT GENERATION:
=================
The TDI (Traders Dynamic Index)
---------------------------------------------
Volatility Band VB(34), color: Blue, buffer: UpZone, DnZone
Relative Strength Index RSI(13)
RSI PRICE LINE (2), color: Green, buffer: mab
RSI TRADE SIGNAL LINE (7), color: Red, buffer: mbb
MARKET BASE LINE MID VB(34), color: Orange, buffer: mid
Indicator SignalLevels:
-------------------------------
RSI_OversoldLevel : 22 (normally: 32)
RSI_OverboughtLevel : 78 (normally: 68)
Alert Conditions:
-----------------------
Strong Buy : yellow
Medium Buy : aqua
Weak Buy : blue
Strong Sell : fuchsia
Medium Sell : purple
Weak Sell : black
Hints on How to use:
----------------------------
- When a Medium or Strong alert is generated and MACD histogram colour matches the direction
of the alert (optional auto filter), then place trade in direction of alert candle and MACD.
- I use the multi-Hull MA's for overall trend direction confirmation.
- Best positions normally occur near the MACD(5,15,1) Histogram crossing the zero line.
- The optional coloured Dots along the bottom of the indicator represent the first alert
of this type that was generated in this sequence.
- It is advisable to trade in the direction of the main trend as indicated the HULL MA red cloud:
if red cloud underneath PAC then BULLISH trend, if red cloud above PAC then BEARISH trend.
- Selecting the HeiKin Ashi candles does affect the MACD and MA caculations, so if you select
normal candles the result chart will change. You can still Optionally select to use Heikin Ashi
for calculations.
- When using the Heikin Ashi candles, a good buy entry is indicated by long top wick and no bottom wick
for bull (green) candles and good sell entry is indicated by long bottom wick and no top wick for
bear (red) candles.
- When the MACD histogram is flat and close to zero line,
this indicates a ranging market, do NOT trade when this occurs.
- When the PAC channel on the main chart is spread apart widely, this is an indication
of extreme volatility and choppy chart, do NOT try to trade during these periods.
A choppy chart is also indicated by Heikin Ashi candles with long wicks on both sides
of the candles.
- You can specify what strength level Alerts are generated (default 2):
Level (1) means only generate Strong Alerts only.
Level (2) means generate Strong and Medium Alerts.
Level (3) means generate Strong, Medium and Weak Alerts.
Improved Moving Average Convergence/DivergenceSimple change to the standard MACD formula I like to use that slow it down and reduces the amount of false signals while allowing strong/good signals through,
MACD PercentageJust the macd not using the raw difference between the 12 and 26 ema for the macd. Instead It calculates the difference in %. Histogram and signal are also derived from the macd line. Also added 2 horizontal lines, you can modify.
Feel free to use and copy the code. I also copied the source code from tradingview public script, thanks to the one who made it.
TTP VIX SpyTTP VIX Spy is an indicator that uses data from TVC:VIX to better time entries in the market.
The assumption used is that when the VIX is coming down from the top of its range then the risk on assets can move to the upside and when the VIX is is pushing higher there's a high likelihood or risk on assets going down.
This indicator observes the momentum of VIX using MACD. It offers two different signals both for longs and shorts: signal 1 and 2.
Signal 1 is activate when the begging of a new trend for the VIX is confirmed.
Signal 2 is activated when the VIX pulls back from an extreme value.
You can configure the parameters of the internal super trend and the look back for the slope applied to price and RSIs.
The indicator offers the following filter parameters:
- Price RSI slope: it filters signals that have RSI slope pointing in the opposite direction of the signal.
- Counter trend: it filters signals that are not counter trending super trend.
- Wide BBW: it filters signals that happen when there hasn't been high price volatility
- Price slope: it filters signals when the price is not pointing in the direction of the signal (buy: up, sell: down)
- VIX RSI filter: it filters VIX RSI values overextended. MACD can be in the right range, but sometimes RSI contradicts it. By default is OFF since it can cause false negatives.
- Working days only: it filters signals that occur in the weekend.
The colours below the price action show how the VIX momentum is changing. Transitions from red into pink and then green show how the fear is fading which tends to lead to lead to bullish moves, and the opposite when the transitions are from green to red.
Performance and initial thoughts.
I have tried VIX Spy on both BINANCE:BTCUSDT.P and BINANCE:ETHUSDT.P and it seems to offer a decent win ratio. As you can see I had to add many filter to remove bad entries and left toggles available to decide which ones you want to use.
I tried the signal in the 4H, 1H and 15min with mixed results. I tend to incline for the results in the 1H.
VIX signal offers a backtestable stream and alerts both for signals 1 and 2.
MACD_VXI by GermoIts a volume-weighted MACD(13/21), by applying VW(8) to the MA formula.
Not a big deal, but I liked it. It reduces some noise imho.
McGinley Dynamic Convergence/Divergence [ChuckBanger]This is a MACD version with MaGinley Dynamic indicator invented by John R. McGinley. MaGinley Dynamic can be used as a moving average and is a highly reliable indicator. Here i use it instead of EMA witch normally is used to calculate MACD.
For more information of MaGinley Dynamic
www.investopedia.com
Multi-time Frame Trend DirectionThis is a multi-time frame trend direction indicator. It indicates whether the trend is ascending or descending across multiple time frames: 5M, 15M, 30M, 1H, 4H, and Daily.
The logic is based on the positions of EMA12 and EMA26.
These EMAs are smoothed with an SMA.
Why 12 and 26, and why are they smoothed with 9?
As you might surmise, these parameters are derived from the MACD.
I recommend not altering the parameters, but the choice is yours. Enjoy.
MAROC Fast/SlowNot sure if a similar indicator already exist, so I created my own. After creating this indicator, I realize it looks very similar to MACD. However, it strictly uses Hull moving average in its calculation for the lines.
MAROC is simply Moving Average Rate of Change. This is a trend-following indicator that calculates the rate of change on two Hull moving averages. By default it calculates the ROC on 60-period HMA (green and red) and 180-period HMA (blue and orange). The zero line represents the confirmation of change in trend. Above zero is up trend and below zero is down trend. Note the difference between the "trend reversal" and the "confirmation of a trend". I like to define trend reversal by the change in direction
The colored squares on the zero line has 4 colors that represents the overall trend. Here I include the slowdown of MAROC as the start of a trend.
- bright green = when both the slow and fast MA are trending up
- faded green = when slow MA trending up, but fast MA trending down
- faded red = when slow MA trending down, but fast MA trending up
- bright red = when both the slow MA and fast MA are trending down
Trend changes triangles are shown to signal the change in trend direction (trend reversal). Green and blue triangles are trend reversal to the upside. Red and orange triangles are trend reversal to the downside.
This indicator includes the option of displaying buy(long) and sell(short) signals that follows these rules. Use at your own discretion, as it may not apply well with your market or ticker.
- Long = Bright green square and either fast or slow MAROC changes trend direction to the upside
- Short = Bright red square and either fast or slow MAROC changes trend direction to the downside
Enjoy~! Please let me know if you find this useful and which market / ticker and timeframe you are using it on~ :)
