The purpose of this script was to fine tune an indicator on BTCUSDT . I think the results speak for themselves in the study version. This is a script that uses the MACD to predict future price movement. The original MACD signal lags too much for my taste so I went searching for something that could give signals sooner. I decided a smooth macd would help filter...
Hello everyone, these are the alerts for my previous "MACD Bull Crossover and RSI Oversold" Long Strategy. This version currently does not support stoploss and takeprofit alerts but the next update will.
PVD: MACD with volume as source. Options to configure: OBV, PVT, or MFI as source Display PVD or a faux zero-based oscillating CVD
This RSIPRO indicator is based on RSI , BB and EMA and it has LONG/SHORT alerts for signals In script settings you can specify: 1) Dispertion value, 0.15 by default. Dispertion around bolinger bands with RSI as source signal. 2) Use smoothing option and smooth factor value (3 by default). It smoothes RSI with moving average filter. 3) Enable/Disable filter to...
The On Chart Reverse MACD Cross is a visual representation of the Reverse MACD Cross calculation which can be used to assist the end-user in their decision making for entry, exit and risk management, as well as freeing up space for the chart. The On Chart Reverse MACD Cross, which very basically is a smoothed reverse engineered calculation of the MACD Signal...
The Reverse MACD Cross + Histogram Divergence is in essence the same MACD you all know and love with two added features which can be used to assist the end-user in their decision making for entry, exit and risk management. The first feature is a Reverse MACD Cross price, which very basically is a smoothed reverse engineered calculation of the MACD Signal Line in...
I wanted to see if I could programmatically identify the conditions I saw just before Bitcoin broke its all-time high end of 2020. The signal picks up several rocket launch moments prior to launching which is quite cool. It also picks up a few false starts, however. In any case, I would have loved to be stopped out on those false starts but been there for all the...
MACD Crossover with signals - a simple trading indicator based on classic MACD. It shows crossovers and plots them on chart as "Long" or "Short". The MACD itself is not plotted in order to keep your charts cleaner. By default, all the crossovers are displayed on the chart. However, you can use only trend-based ones. They are filtered according to the trend...
This is a simple concept that attempts to squeeze more price action insights from the classic MACD we add a 3rd (longer length, slower) Moving Average line that acts as a trend filter - so whenever we are ("we" = the price and the 2 other MAs) are above that filter line, we consider ourselves to be in the up-trend territory, and vica versa .. so the MACD...
This script aims at giving the quickest insight over different time resolutions and their relative trends. The graph is updated on every new bar. 5 periods of time can be configured with each their own signal periods. For each period, you get an insight on: - its general movement in comparison the latest close (green: up / red: down) - its length (ex: 50...
While facing problem having too many indicator charts on the same screen, this squashed the candle chart and produces flat lines. This script helps to put them all in 1 chart and label the indicators where it meet the long/short conditions. Backtest is available to check the multiple indicators for a Long / Short trade, eg. if the EMA is on a long trend, but RSI...
Moving average convergence divergence ( MACD ) is commonly and widely used for Technical Analysis . // Basis- based on default setting macdLine, signalLine, histLine = default setting with additional "cosmetic/ Makeup" 1) for 4R1G set up Trader. Histogram color as follows:- a) if Hist => 0 = Hist > Hist ? color.green : na, Hist < Hist ? color.red : na b) if...
█ OVERVIEW This Framework allows Pine Coders to quickly code Study() based signal/strategy and validate its viability before proceed to code with more advance/complex customized rules for entry, exit, trailstop, risk management etc.. This is somewhat an upgraded version of my earlier personal template with different strategy used, cleaner code and additional...
This is a simple algorithm to generate Buy, Sell, Short, and Cover Signals. It uses the following: RSI , MACD , Stochastic , Bollinger Bands , Ketler Channels, ATR Trailing Stop, Trend, and Volume . Usage is simple: Green Background is Long and Red Background is Short positions. LE = Long Entry LX = Long Exit SE = Short Entry SX = Short Exit This is not a...
Relative AO is an adaptation of Bill Williams' Awesome Oscillator for a logarithmic scale that measures the percentage of convergence/divergence of moving averages (similar to MARCD). The Signal Line allows you to use RAO instead of MACD (offset off), or to smooth the edge of the histogram for convenience (offset on).
Relative MACD It is a modification of the MACD for a logarithmic scale that measures the percentage of convergence / divergence of moving averages. MARCD can be used as standard MACD (optional).
Sample Strategy: MACD Crossover with trend filter options MA Filter : Price Close Above MA, Search for Buy, Price Close Below MA, Search for Sell ADX Filter : Take trade only when ADX is above certain treshold MACD Signal : MACD Cross above signal line while under 0 line indicate Buy Signal MACD Cross below signal line while...