***Up to 9 MACD's with fixed timeframes***
-Simply enter your MACD settings, and which timeframes you would like to see.
-Settings stick regardless of viewing resolution (within reason)
-Enter 0 to disable if you want less than 9 MACD's
***Logarithmic option for consistency over long timeframes***
***Layered histogram, can be disabled, adjusted vertically***
MACD (Moving Average Convergence/Divergence) + Inside Bar so that free users can have two things in same indicator.
Script is open for everyone.
Check and test the code of Inside Bar and let me know if it is correct.
Feel feel to share.
Hi probably trade setups indicator intended to be used with Heikin Ashi candles. It uses fibo EMAs and MACD to signal longs/shorts. Intended for scalping high cap coin with high volume on lower time frames.
Default MACD formula filtered by an RSCD, a Relative Strength Index midpoint transpose over a 21 length moving average.
Checking both filters the MACD with the RSCD.
Checking only the MACD plots only the MACD.
Checking only the RSCD plots only the RSCD.
The Elastic Volume Weighted MACD is a variation of standard MACD.
The Difference is that this script apply the formula of standard MACD with the Elastic Volume Weighted Moving Average.
I took the formula of EVWMA from public library coded by LazyBear.
I use EVWMACD as a trend confirmation indicator.
Just tune all lengths and parameters according to your instruments
Volume-Weighted MACD Indicator. You can turn volume-weighted off to get "regular" MACD, and you can change the scaling of the histogram to make it stand out more.
This MACD/Histogram indicator helps me to identify divergences and crosses without much effort.
The MACD line is green during a positive cross, and red during a negative.
My favourite feature is the following: when the histogram changes direction, the histogram bars become yellow, which should help you locate divergences without straining yourself.
Example:...
So here in this model I take the RSI-cumulative net volume and convert it to MACD
I think it look nicer then original but it just idea:)
for different time frame just change setting:)
