MACD Moving Average convergence/divergence Here are a little articel how the MACD is calculated an how you can use it. en.wikipedia.org This Indicator have many differet spezifications than a normal MACD. You can use different timeframes. The histogramm workes a litle bit smother The signalline have two different colors: He is blue when the macd line is...
I continue to add things to the multibit ready indicators: This is a modified RSI indicator with some useful additions to make it bottrading ready: Centered around 0, so from +50 to -50. Short-Triggerline Long Triggerline following value mods are possible: POW factor --> rsi^POW final smoothings: SMA smoothing (level 1) EMA smoothing (level 2) switch all...
This is a simple 3 times EMA, SMA, WMA, HMA , Timeframe selector which can send the above below to the multimit system to daisychain trends in
This is a basic debugger to display each individual multibit alert directly on the chart and additionally the possibility to create alarms based on this true/falses to use multibit without a Riskmanagement
Hi There This is a Trend-Indicator based on Pivot highs and Pivot lows from different forward-backward lenghts. As Mohamed3nan is only looking at one timeframe, here is a mtf-version of that How to use? This indicator should basically work in each timeframe. Green is Bullmode, Red is Bearmode try to find a "IN Trend" setup or go directly in on the switch of...
These are classic triple Bollinger bands with different multipliers You can change the time frame plotted, for example, you can show a 1-hour chart, but plot 6-hour Bollinger. Since I haven't found any other OpenSource variant that can plot the 3 bands in a different time frame, here is my script for you en.wikipedia.org ---- additional you can see in this...
Trend colors based on PSA and selectable Ma's. classic PSAR trend mixed with 2 selectable MA's switching between Bullish Neutral Baerish the switching logic is in colorlogic() usage: colorswitch maybe one entry. if you want to trade with a trend example: green yellow, green << entry (long) if you want to trade against a trend example: green yellow red (entry...