OPEN-SOURCE SCRIPT
Median MACD - Mattes

The Median Based MACD is a new-generation indicator created from old statistical Concepts. It combines a Median Calculation with a MACD to create a smoother signal with less noise and increased robustness.
In this case, the original calculation source of the MACD is replaced with a Median which can be calculated over user set X time.
- Why its good:
This "Phoenix" of sorts brings old concepts together to create a strong, new indicator which can frontrun & see trends from miles up front.
- How it can be used:
While this indicator can be used to follow trends, it can also be used to detect where a trend has weakened and is unlikely to continue. Please keep in mind that its unlikely but the chance is never 0.
In my personal opinion, i think that this indicator should NOT be used as a standalone indicator but rather as a compliment to analysis.
Enjoy!
In this case, the original calculation source of the MACD is replaced with a Median which can be calculated over user set X time.
- Why its good:
This "Phoenix" of sorts brings old concepts together to create a strong, new indicator which can frontrun & see trends from miles up front.
- How it can be used:
While this indicator can be used to follow trends, it can also be used to detect where a trend has weakened and is unlikely to continue. Please keep in mind that its unlikely but the chance is never 0.
In my personal opinion, i think that this indicator should NOT be used as a standalone indicator but rather as a compliment to analysis.
Enjoy!
开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。