4 EMA & MACD

26 Jan

The indicator that combines Moving Average and MACD into one is very useful for providing a more complete picture of the market. Here's how it works:

Moving Average (MA): This is a trend indicator that smooths the price to show the dominant trend direction. MA helps traders determine whether the market is in an uptrend, downtrend, or sideways. For example, if the price is above the MA, it might indicate an uptrend, while if the price is below the MA, it might indicate a downtrend.

MACD (Moving Average Convergence Divergence): MACD measures market momentum and can provide entry and exit signals based on the difference between two moving averages (fast MA and slow MA). A buy signal occurs when the MACD crosses above the signal line, and a sell signal occurs when the MACD crosses below the signal line.

Combining both gives traders a more complete view:

MA provides an overview of the larger trend direction.
MACD helps identify moments when momentum supports a position for entering or exiting.
Common usage:

Entry: If the price is above the Moving Average (uptrend) and the MACD shows a buy signal (for example, MACD crossing above the signal line), it can be a signal to buy.
Exit: If the price starts moving below the MA and the MACD shows a sell signal, it can be a signal to sell or exit the position.
There is an indicator called MACD + Moving Average Cross, which combines both elements, providing stronger signals and making it easier to follow the market.

27 Jan

Catatan Rilis

update visual effect on MACD

16 Feb

Catatan Rilis

Update the display of indicator settings

16 Feb

Catatan Rilis

This custom indicator combines Exponential Moving Averages (EMA) with a switchable RSI/MACD feature. Users can display four EMAs and toggle between RSI and MACD based on their trading preferences.

17 Feb

Catatan Rilis

I removed RSI from this indicator and changed it to the previous version without RSI.