This indicator is a restricted MACD .
I reached this with a little trick: I devided it by ATR . This way it is most of the time inside the -1..1 range. It depends on the length of the ATR's period. If it is greater, the probability of outliers is greater.
With this indicator you can use cerain levels of MACD and its histogram as a trigger.
Share with me if...
The " ORTI Moving Average Convergence Divergence (Static Timeframe Multi-Period) " is now a public script, based into a existing study named " MACD aka Moving Average Convergence Divergence ", but with some better functions about time frame and its measurament. As a redesigned and recalculated set of the common plotted averages, a trend-following momentum...
The Double Exponential Moving Average (DEMA) indicator was introduced in January 1994 by Patrick G. Mulloy, in an article in the "Technical Analysis of Stocks & Commodities" magazine: "Smoothing Data with Faster Moving Averages"
It attempts to remove the inherent lag associated to Moving Averages by placing more weight on recent values. The name suggests this is...
This is plots the indicator developed by Andrew Abraham in the Trading the Trend article of TASC September 1998
The strategy I use has already been published explicitly by HPotter, you can review the core code from there.
I have converted the existing strategy codes that have been published into the strategy and the result looks great but I noticed that the...
This is a modificated version of original script by @LonesomeTheBlue (Thank you for giving me rights to use your code with my modification in invite-only format):
I made few changes to lessen the amount of divergences generated on the chart and how they moved along (lines without cloud with text) instead only the last cases that may be missleading for some...
This indicator is formed by combining 3 different indicators.
1 - MOST: Moving Stop Loss Indicator
2 - Inverse Fisher Transform on STOCHASTIC
3 - MACD
When MOST gives BUY signal; If Inverse Fisher Transform on STOCHASTIC and MACD states are positive, the process is entered.
When the MOST gives the SELL signal, the process is exited.
PASS is dedicated to all Intraday Traders.
This is based on Secret of Pivot Boss book by Frank Ochoa. Suitable for Intraday Trading.
It is combination of two Price action theory and one indicator mainly known as Floor Pivots, Camarilla Pivots and MACD.
MACD gives the better entry & exit levels for Day Trading whereas the other two Price action theory give the...
I use the horizontal scale lines on the MACD indicator as part of my scalping strategy along with other indicators like RSI/EMA and Market Cipher B when trading BTC
I am looking for a cross above or below the 12.5 and 25 horizontal scale lines, along with lining up other indicators
I set my alerts on the 5 min TF and look to the 15 and 30 min TF's for further...
Hello Everyone This Strategy Base on MACD AND SMA COMBINATION
By Default 3 Percentage TP AND 1 Percentage Sl & quantity 500
By Default Backtesting Starting Time 1 Jan 2020 and end time 31 Dec 2020
You Can also change everything.
In future, I will Enhance this Strategy
if you have any suggestion Mention There Thank you so much
Hi!
That's my first strategy. I already learn pine, so i will work on it more. Now i search how to make trailing stop working.
"WMA + MACD strategy with traiing stop" is very simple strategy which is designated for stocks market. It is created only to take long positions.
Buy signal is when WMA(120) is below price and macd(10,20,10) histogram is higher than...
MACD but on the Quadratic Weighted Moving Average instead of regular Moving Average
"The quadratic moving average ( QMA ) or quadratic weighted moving average (QWMA) is a type of moving average who is closer to the price when price is up trending. This moving average is defined as the square root of the moving average of the squared price." @alexgrover ()
Base...
This is an indicator I've been playing with for a while, based on my previous MACD w/ RSI Warning indicator. This one takes it a step further, including information from MACD, RSI, ADX, and Parabolic SAR. These four indicators are represented in this indicator as follows:
MACD: The histogram itself is a normal MACD histogram. Nothing strange about it, and you...
Hello friends
This indicator can help you to combine the three indicators together
EMA (20), MACD (12, 26, 20), RSI (14)
Apply ema20 to rsi as the signal line
Long arrival time
Price above EMA20, MACD above signal line and RSI above signal line
Short arrival time
Price below EMA20, MACD below signal line and RSI below signal line
This script creates a Decimal and Binary representation of the price using ROC. The idea is to simplify the price action into a distance from Zero to upside and downside.
You can see clearly trend develops in the ROC in the decimal view, kind of like MACD but based on raw price action change. I'm' a big fan of raw price action, so my scripts are super...
