Bars above candles are color-based on MACD, when it turns bearish it will paint red and when it turns bullish green. Since the bars are painted above the candlestick one can see the price divergence in here too.
When one sees price is making higher highs or inside flat neutral momentum while MACD is in red, means weakness of selling.
When one sees price is making...
MACD, short for moving average convergence/divergence, is a trading indicator used in technical analysis. It is supposed to reveal changes in the strength, direction, momentum, and duration of a trend!
The setting by default is to smooth the indicator for better trading.
Enjoy!
You can find 2 signals Fast MACD Cross Signal and Divergence MACD Signal Hidden & Regular
like comment and i will add your user name to try it
Enjoy xD
MACD (Moving Average Convergence/Divergence) + Inside Bar so that free users can have two things in same indicator.
Script is open for everyone.
Check and test the code of Inside Bar and let me know if it is correct.
Feel feel to share.
Hi probably trade setups indicator intended to be used with Heikin Ashi candles. It uses fibo EMAs and MACD to signal longs/shorts. Intended for scalping high cap coin with high volume on lower time frames.
Default MACD formula filtered by an RSCD, a Relative Strength Index midpoint transpose over a 21 length moving average.
Checking both filters the MACD with the RSCD.
Checking only the MACD plots only the MACD.
Checking only the RSCD plots only the RSCD.
An AsYouWish component of Inigo Montoya's Quest, dynamic strategy. This is not a stand alone indicator. It is instead designed/skewed to provide MTF MACD-based trade recommendations, immediately following a reversal stop-out. It's suitable for any time frame, from 1 minute to 1+day bars.
Its intended that #1 & #2 TF be set shorter than #3.
When MACD crosses Sinal line, arrows are displayed above or below the bar on main chart.
You can also set the following MACD alert with this indicator.
1. When MACD crosses the signal line upwards
2. When MACD crosses the signal line downward
3. When MACD crossed zero line upward
4. When MACD crosses zero line...
The Elastic Volume Weighted MACD is a variation of standard MACD.
The Difference is that this script apply the formula of standard MACD with the Elastic Volume Weighted Moving Average.
I took the formula of EVWMA from public library coded by LazyBear.
I use EVWMACD as a trend confirmation indicator.
Just tune all lengths and parameters according to your instruments
Here is a combination of the classic MACD (moving average convergence divergence indicator) with the classic slow moving average SMA with period 200 together as a strategy.
This strategy goes long if the MACD histogram and the MACD momentum are both above zero and the fast MACD moving average is above the slow MACD moving average. As additional long filter...
MACD for Buy & Sell signal indicator last part of Buy and sell signal set. It was coded base on CCI source. Allow trader can read volume trade on market
1 set buy and sell signal
1- Buy & Sell signal indicator
2- RSI for Buy & Sell signal indicator
3- MACD for Buy & Sell signal...
This indicator allows you to trade RSI and MFI oversold and overbought zones with MACD confirmation. It is also possible to take an early trade by checking the " delta " (difference between the fast MACD line and the signal line) (histogram) value of the MACD.
Buy Condition
Both RSI and MFI must be in the oversold area
After that, wait for a MACD crossover
...
