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MACD 4C with DivergenceMACD 4C Indicator with Divergence This indicator, named MACD 4C, enhances the traditional MACD (Moving Average Convergence Divergence) by providing a visually intuitive representation with four distinct colors for the histogram bars. It offers a clear interpretation of market momentum and potential trend reversals. Key Features: Customizable Parameters: Users can adjust the fast and slow moving average periods along with the signal smoothing parameter to tailor the indicator to their preferred trading style and market conditions. Four-color Histogram: The histogram bars are color-coded for easy interpretation. Lime and green bars indicate increasing bullish momentum, while maroon and red bars signify increasing bearish momentum. Bullish and Bearish Divergence Detection: The indicator identifies bullish and bearish divergences between the MACD histogram and price action. Bullish divergence occurs when the price makes a lower low while the MACD histogram forms a higher low, indicating potential bullish reversal. Conversely, bearish divergence occurs when the price makes a higher high while the MACD histogram forms a lower high, suggesting a potential bearish reversal. How to Use: Trend Confirmation: Monitor the color of the histogram bars. A series of green (or lime) bars suggests a strengthening bullish trend, while a series of red (or maroon) bars indicates a strengthening bearish trend. Divergence Identification: Watch for divergences between the MACD histogram and price action. Bullish divergence may signal a potential bullish reversal, while bearish divergence may indicate a potential bearish reversal. These signals can be used in conjunction with other technical analysis tools to confirm trade entries and exits. The MACD 4C indicator was developed by user vkno422 You can find the original author and their work on their TradingView profile: www.tradingview.com
Pine Script™指标
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{INDYAN} Perfect Buy SellA simple indicator based on candle stick strength, with cpr,vwap and support resistance... search for buy sell signal on 15 min timeframe and wait for second candle to close above/below of signal candle. Cpr pivots would act as support and resistance. Entry should only be based on 15 mins or higher timeframe. 3 and 5 mins timeframe for profit booking. No supertrend or atr used in this indicator. This show how a single candle can give u good trade... Love Indyan * tested on Banknifty and nifty , kindly share ur experiences on other scrips. Thanks
Pine Script™指标
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34
{INDYAN} Dual Supertrend#Always follow MAJOR trend, find MINOR trend as per Major trend and choose entry/exit accordingly . Suppose major trend is blue so only go long while inside minor trend is green, when it turns RED exit from long but dont short in BLUE i.e. major uptrend and vice versa for downtrend i.e. major should be pink and minor should be red for short and when it turn green under pink just exit the sort. By default major trend is set to 15 Minutes which is generally good for index, and 1 hour should be for stocks. You can change it through settings. My recommendation for index is major should be 15 minutes and minor 5 and for stocks major should be 1 hour and minor 15 minutes. It can be used with index,stocks and commodties. Hope it will help my trader friends. Happy Trading... Love INDYAN
Pine Script™指标
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4
{INDYAN} Boring and Explosive Candle -Demand & SupplyREAD:-Blue candle as boring/base candle and Black candle as explosive candle FInd two explosive candle (Black) where two base/boring (Blue) candles are in between. It will be marked as demand and supply zone. Those who leant demand and supply will find this indicator usefull for findin and marking zones. #When yuy find a Explosive candle , it become a potential demand and supply zone. It depens on second candle thou. Thanks Love INDYAN
Pine Script™指标
由Indyan提供
37