'Divergence Cheat Sheet' helps in understanding what to look for when identifying divergences between price and an indicator. The strength of a divergence can be strong, medium, or weak. Divergences are always most effective when references prior peaks and on higher time frames. The most common indicators to identify divergences with are the Relative Strength...
Welcome traveler ! Here is my first indicator I made after 3 days of hardlearning pine code (beginner in coding). I hope it will please you, if you have any suggestion to enhance this indicator, do not hesitate to give me your thoughts in the comments section or by Private message on trading View ! How does it works ? It's a simple MACD strategy as describe...
OBV: The OBV is perfect indicator to understand the strength of the particular stock. As the strength increase, the trend of the stock goes high along with price. But, the OBV is considered only with close of previous close which is to make sure the double confirmation on the price to accumulate the volume. Altered OBV: So, here is the altered OBV, which...
Adaptive Two-Pole Super Smoother Entropy (Math) MACD is an Ehlers Two-Pole Super Smoother that is transformed into an MACD oscillator using entropy mathematics. Signals are generated using Discontinued Signal Lines. What is Ehlers; Two-Pole Super Smoother? From "Cycle Analytics for Traders Advanced Technical Trading Concepts" by John F. Ehlers A...
This is a custom modified MACD where some parameters have been customized and Bollinger Band added to the MACD . When the MACD is running above its upper Bollinger Band , it will be depicted as lime, and vice versa red. Then the second set of histograms is am idea of mine where the opposing parameters of MACD signals are deducted off each other to reveal the...
A simple MACD divergence indicator It highlights the lack of strength on the buy side when the market rises. The lack of strength on the sell side when the market is falling. I hope you can have fun with it!
This trading strategy is based on MACD crossover and crossunder. It uses the supertrend to identify the trend it is trading on and takes trades accordingly. You can use the built in risk to reward ratio parameter through the settings of the indicator for your desired R/R My goal in creating this indicator was to learn about risk management. This indicator will...
SCRIPT DESCRIPTION PLEASE READ THROUGH THIS CAREFULLY. This is a script specifically written to help provide indicators from a macro view for ALTS. This script needs to be run on the 1 day. It helps indicate when to accumulate alts, and when its in a bull run when this a bull run top beginning to form with warnings, and a indicator that a top is in. This is...
Gaussian Filter MACD is a MACD that uses an 1-4 Pole Ehlers Gaussian Filter for its calculations. Compare this with Ehlers Fisher Transform. What is Ehlers Gaussian filter? This filter can be used for smoothing. It rejects high frequencies (fast movements) better than an EMA and has lower lag. published by John F. Ehlers in "Rocket Science For Traders"....
English, German is found Below Scalping Indicator (5min Mostly) - An Indicator that Creates Possible Trades, created on MA's, Volumebased Support and Ressistance and MACD, The Take Profits are created by a Simple Support and Ressitance Indicator (Built In) - The Indicator sends with the Alert Function Buy and Sell Signals - These Signals exists from 3...
█ OVERVIEW A fast and improved divergence finding algorithm that aims to be better than the built-in TradingView divergence algorithm. █ CONCEPTS Wolfpack Wolfpack is an oscillator made popular by darrellfischer1 all the way back in 2017. Since then the Wolfpack oscillator has been utilized by a number of notable strategy/indicator creators. At some...
SCRIPT DESCRIPTION This is a script specifically written to help provide indicators from a macro view. This script is best run on the 1 day interval on Bitstamp's $BTCUSD chart. It helps indicate when to accumulate bitcoin, and when its in a bull run when there are local tops, strong top warnings, and a signal to exit a bull run. This is described further...
In an attempt to improve the MACD for trading, I have added an alternative way to calculate the MACD Line and Overbought/Oversold (OB/OS) lines to filter signals. The alternate calculation I named "Modified" and put the option to select it under "MACD Calculation" in the input menu. Traditionally the MACD is calculated as fastEMA - slowEMA, for "Modified" I...
WORK IN PROGRESS! Coded by OVARIDE (littlegreenfish) Made to be used with Dark Theme. Made to be used with Heikin Ashi bars (You can enable Real Price from chart settings). Test and use at your own risk. Not recommended for NEW/ INEXPERIENCED TRADERS using this for short-timeframe scalping. Bot integration is possible for high timeframes using the built-in...
Idicator the spots macd histogram divergence and filter macd signals based on volume percentage
Update of MACD indicator which shows the most recent, and developing, price action divergences with the histogram.
Simple Price convergence divergence. Current close minus past or in other words lagging price.
MACD divergence sign & alert notification. With this router, you can choose which further indicators you want to see divergence in MACD. In addition, in order to improve visibility, the sub-window is designed to display only the selected index and diversity. Lookback Bars: When detecting divergence, you can set how many bars to look back in the...