OPEN-SOURCE SCRIPT
Telah dikemas kini Beep Boop
The Beep Boop indicator is designed to simplify visual trading decisions by combining the concepts of MACD (Moving Average Convergence Divergence) and a customizable EMA trend filter. It provides clear visual cues to help traders quickly assess market momentum and the current trend direction.
### What Makes Beep Boop Unique?
This indicator uniquely modifies the standard MACD histogram to create a simplified binary visualization—highlighting either bullish or bearish momentum clearly. Rather than displaying traditional MACD bars of varying sizes, it assigns fixed positive or negative values to simplify interpretation:
- A positive histogram (fixed at 0.1) indicates bullish momentum.
- A negative histogram (fixed at 0.09) indicates bearish momentum.
Additionally, Beep Boop integrates a configurable EMA (Exponential Moving Average) to filter signals, allowing traders to identify stronger directional moves by comparing the current price action with the EMA trend line:
- Bullish bars (green) appear only when price action is above the EMA.
- Bearish bars (red) appear only when price action is below the EMA.
- Neutral bars (white) appear when price action is uncertain or mixed in relation to the EMA.
### How to Use Beep Boop?
1. Fast and Slow Lengths: Adjust these to configure the MACD calculation for different timeframes or market volatility.
2. EMA Trend: Change this parameter to fine-tune the sensitivity of the EMA filter based on your preferred trading style (short-term, swing, or long-term).
3. Simple or Exponential MA: Toggle between SMA (Simple Moving Average) or EMA calculations to personalize the responsiveness of the MACD and signal lines.
### Recommended Applications
- Trend-following strategies: Clearly identifies market direction for entries and exits.
- Momentum Trading: Provides simple momentum confirmation for scalping and short-term trading.
- Market Screening: Quickly filters assets based on bullish or bearish momentum strength.
This indicator offers traders a clean, straightforward method to gauge market conditions at a glance, simplifying the complexity inherent in traditional momentum and trend indicators.
Happy Trading!
### What Makes Beep Boop Unique?
This indicator uniquely modifies the standard MACD histogram to create a simplified binary visualization—highlighting either bullish or bearish momentum clearly. Rather than displaying traditional MACD bars of varying sizes, it assigns fixed positive or negative values to simplify interpretation:
- A positive histogram (fixed at 0.1) indicates bullish momentum.
- A negative histogram (fixed at 0.09) indicates bearish momentum.
Additionally, Beep Boop integrates a configurable EMA (Exponential Moving Average) to filter signals, allowing traders to identify stronger directional moves by comparing the current price action with the EMA trend line:
- Bullish bars (green) appear only when price action is above the EMA.
- Bearish bars (red) appear only when price action is below the EMA.
- Neutral bars (white) appear when price action is uncertain or mixed in relation to the EMA.
### How to Use Beep Boop?
1. Fast and Slow Lengths: Adjust these to configure the MACD calculation for different timeframes or market volatility.
2. EMA Trend: Change this parameter to fine-tune the sensitivity of the EMA filter based on your preferred trading style (short-term, swing, or long-term).
3. Simple or Exponential MA: Toggle between SMA (Simple Moving Average) or EMA calculations to personalize the responsiveness of the MACD and signal lines.
### Recommended Applications
- Trend-following strategies: Clearly identifies market direction for entries and exits.
- Momentum Trading: Provides simple momentum confirmation for scalping and short-term trading.
- Market Screening: Quickly filters assets based on bullish or bearish momentum strength.
This indicator offers traders a clean, straightforward method to gauge market conditions at a glance, simplifying the complexity inherent in traditional momentum and trend indicators.
Happy Trading!
Nota Keluaran
The Beep Boop indicator is designed to simplify visual trading decisions by combining the concepts of MACD (Moving Average Convergence Divergence) and a customizable EMA trend filter. It provides clear visual cues to help traders quickly assess market momentum and the current trend direction.### What Makes Beep Boop Unique?
This indicator uniquely modifies the standard MACD histogram to create a simplified binary visualization—highlighting either bullish or bearish momentum clearly. Rather than displaying traditional MACD bars of varying sizes, it assigns fixed positive or negative values to simplify interpretation:
- A positive histogram (fixed at 0.1) indicates bullish momentum.
- A negative histogram (fixed at 0.09) indicates bearish momentum.
Additionally, Beep Boop integrates a configurable EMA (Exponential Moving Average) to filter signals, allowing traders to identify stronger directional moves by comparing the current price action with the EMA trend line:
- Bullish bars (green) appear only when price action is above the EMA.
- Bearish bars (red) appear only when price action is below the EMA.
- Neutral bars (white) appear when price action is uncertain or mixed in relation to the EMA.
### How to Use Beep Boop?
1. Fast and Slow Lengths: Adjust these to configure the MACD calculation for different timeframes or market volatility.
2. EMA Trend: Change this parameter to fine-tune the sensitivity of the EMA filter based on your preferred trading style (short-term, swing, or long-term).
3. Simple or Exponential MA: Toggle between SMA (Simple Moving Average) or EMA calculations to personalize the responsiveness of the MACD and signal lines.
### Recommended Applications
- Trend-following strategies: Clearly identifies market direction for entries and exits.
- Momentum Trading: Provides simple momentum confirmation for scalping and short-term trading.
- Market Screening: Quickly filters assets based on bullish or bearish momentum strength.
This indicator offers traders a clean, straightforward method to gauge market conditions at a glance, simplifying the complexity inherent in traditional momentum and trend indicators.
Happy Trading!
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Untuk akses pantas pada carta, tambah skrip ini kepada kegemaran anda — ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Untuk akses pantas pada carta, tambah skrip ini kepada kegemaran anda — ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.