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[TS] Enhanced MACD

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This is an Enhanced version of the standard MACD Indicator.

It displays the MACD Histogram as a normalized oscillator for a better visual representation (With values between -100 to 100)

On the top we have the WaveTrend indicator, showing the general trend of an asset (4 Color codings)

On 0 line, with red and yellow circles, is displayed the Contraption (or so-called Squeeze) of the price action.
When these circles appear a major shift in trend is expected.

On the bottom, we have another set of circles, which measure the price compression - These signal a period of very low price volatility.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.