Trend Analyzer MACD Enhanced

Trend Analyzer MACD Enhanced

Advanced trend analysis with MACD, RSI, Volume and Divergence detection!

Overview

This comprehensive indicator combines multiple technical analysis tools into one powerful visualization. It features dynamic background coloring, real-time signal strength calculation, and automatic divergence detection for complete market analysis.

Key Features

✅ Multi-Indicator Analysis- MACD, RSI, and Volume in one indicator
✅ Divergence Detection - Automatic bullish and bearish divergence identification
✅ Dynamic Background - Color-coded trend zones with smooth transitions
✅ Signal Strength - Weighted calculation showing overall market sentiment (0-100%)
✅ Trend Change Detection - Visual markers for trend reversals
✅ Information Table - Real-time status of all indicators

How It Works

The indicator calculates signal strength using weighted analysis:
- MACD (50%) - Primary trend momentum
- RSI (30%) - Overbought/oversold conditions
- Volume (20%) - Volume confirmation

Signal Strength Range: -100% to +100%

Visual Elements

Background Colors:
- 🟢 **Green** - Uptrend (intensity based on signal strength)
- 🔴 **Red** - Downtrend (intensity based on signal strength)
- ⚪ **Gray** - Neutral/sideways market

Trend Markers:
- 🔺 **Green Triangle Up** - Start of new uptrend
- 🔻 **Red Triangle Down** - Start of new downtrend
- 📏 **Vertical Lines** - Trend change confirmation

Information Table

Real-time display showing:
- Trend - Current trend state with color coding
- MACD - Direction and crossover status
- RSI - Level and overbought/oversold status
- Volume - Level and trend direction
- Divergence - Current divergence status
- Signal Strength- Overall percentage

Alerts

Built-in alerts for:
- Strong Buy/Sell Signals - High probability setups
- Divergence Signals - Early reversal warnings

Settings

MACD:Fast (12), Slow (26), Signal (9)
RSI:Length (14), Overbought (70), Oversold (30)
Volume:MA Length (20), Threshold (1.5x)
Display:Toggle RSI, Volume, and Table visibility

Best Practices

🎯 Works best in trending markets
📊 Use in separate window below main chart
⚡ Combine with price action analysis
🛡️ Always use proper risk management

Pro Tips

- Green background = Strong uptrend, Red background = Strong downtrend
- Signal strength > 50% = Very bullish, < -50% = Very bearish
- Watch for divergence signals for early reversal warnings
- Use the information table for quick market assessment

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Created with ❤️ for the trading community

This indicator is free to use for both commercial and non-commercial purposes.