OPEN-SOURCE SCRIPT

KST-Based MACD

Diupdate
As a follow-up to my previous script:
Know Sure Thing + Ribbon

I am posting a stand-alone KST-based MACD.

Note that this indicator is highly laggy. Specific care must be taken when using it.
The MACD-Signal crossing is quite delayed but it is a definite confirmation.

For earlier signs, the Histogram must be analyzed. A shift from Green-White signals the 1st Bear Signal.
A MACD-Signal crossing signals the 2nd Bear SIgnal.
The same applies for bull-signs.

This indicator is useful for long-term charts on which one might want to pinpoint clear, longterm divergences.

Standard RSI, Stochastic RSI and MACD are notoriously problematic when trying to pinpoint long-term divergences.

Finally, this indicator is not meant for pinpointing entry-exit positions. I find it useful for macro analysis. In my experience, the decreased sensitivity of this indicator can show very strong signs, that can be quite laggy.

Inside the indicator there is a setting for "exotic calculations". This is an attempt to make this chart work in both linear/negative charts (T10Y2Y) and log charts (SPX)

Tread lightly, for this is hallowed ground.
-Father Grigori
Catatan Rilis
Minor code change.
Catatan Rilis
Added a ribbon, I love that stuff...
Catatan Rilis
Aesthetic changes.
Catatan Rilis
Updates in default values to make the indicator more responsive, while keeping it beautiful.
Catatan Rilis
Added copyright. I love that indicator.
Catatan Rilis
Now KST is calculated using EMA by default. This is done for increased sensitivity. You can always revert back to SMA.
Know Sure Thing (KST)KSTMoving Average Convergence / Divergence (MACD)Relative Strength Index (RSI)SPX (S&P 500 Index)

Skrip open-source

Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menerbitkannya sebagai sumber terbuka, sehingga para trader dapat memahami dan memverifikasinya. Hormat untuk penulisnya! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart

Inggin menggunakan skrip ini pada chart?

Pernyataan Penyangkalan