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:)
This is a script I remade from 2 previous TDuser's scripts. Thanks community for sharing, I hope you find it useful. φ!
This is a script I remade from 2 previous TDuser's scripts. Thanks community for sharing, I hope you find it useful. φ!
using Alberto Carlos Zero lag MACD we can make it much more better with the volume indicator alerts inside have fun
We usually use closing prices for MACD calculations. However, this indicator is calculated using CCI.
This is simply a slightly stylised MACD with a focus on the histogram.
--------------------------------------- -- INDICATOR-BIG_MAMA-V7-OVERLAY-PUBLIC --------------------------------------- This one combines divergences + Ichimoku X + macd X + pumps/dumps + ATH/ATL + Overbought/Oversold -- GENERAL -- - Red label is a negative/sell signal - Green label is a positive/buy signal -- DIVERGENCES -- - Divergences include RSI +...
Simple Divergence Indicator built specifically for the Quick-Fire Strategy, but can be used to compliment any strategy and/or timeframe. Please learn what divergence is and how to chart on your own before using. Thank you.
It uses two MACD filter values instead of one increasing the profits
The MACD indicator can produce some powerful divergence signals which can be useful confirmation for entering / exiting a trade. This indicator generates and alert and plots (if enabled), when a divergence is detected. For example, if bullish (above zero) and two bearish MACD crosses are detected with the second being lower than the first, a bearish divergence...
Twitter: @DrSHelmet. All credit and thanks to @cryptobiasfunke for this strategy. Disclaimer: I take no responsibility for your usage of this indicator. Description: Indicator version: 1.1 This custom script plots the MACD histogram, applies Bollinger bands to the histogram, and then colours the Bollinger bands in different colours depending on whether...