This is a very simple " the trend is your friend " indicator - if you are consistent!
How this indicator works:
This indicator detects MACD Crossovers based on the current trend. It checks wether the current close price is above or below the 200 EMA and therefore decides whether we are in an up- or down trend.
UP-TREND: If the price is above the EMA200, the...
How this indicator works:
This indicator detects MACD Crossovers based on the current trend. It checks wether the current close price is above or below the 200 EMA and therefore decides whether we are in an up- or down trend.
UP-TREND: If the MACD is below 0 and crosses up the signal line, then this is a BUY signal!
DOWN-TREND: If the MACD is above 0 and...
Study Name: Elder-Keltner-Impulse-MA Study by STTA
English:
This indicator shows in a combined way three Keltner Channels with EMA21 and multiplier 1,3,5, the Elder Impulse System and a short EMA 11 to recognize the valuation zone, according to various strategies of Dr. Alexander Elder.
This indicator can be applied on all symbols.
Inputs: displayed...
Flexible MACD (Moving Average Convergence/Divergence) Indicator
The Moving Average Convergence Divergence consists of three elements: two moving averages (the MACD line and the signal line) and a histogram. The blue MACD line is the difference between a longer and a shorter EMA (here 13 and 21 periods preset), the red signal line is an SMA (here 8 preset) on the...
This indicator is elaborated following the 3 window strategy described by Elder.
The fast, slow averages and MACD histogram are taken from a time frame 5 times higher than the active time frame and indicate bullish / bearish trends as well as divergences (bottom) of the hostogram with the price.
00.00 - alt-flames
component breakdown:
a) various combinations of EMA crossovers taken from the primeval_series to create a complete sequence of background colored-lines that subdivide into a bullish portion
and a bearish portion for directional identification
b) specific macd crossovers for predictive power in the form of directional flames located directly...
It´s a multiple (3) Moving Average Convergence Divergence (MACD) indexes.
It was created to help traders to identify trend changes in multilple time frames, in the same graph.
Price and Moving Averages Convergence/Divergence, shortly named as P-MACD
P-MACD is a trend-following momentum indicator that shows the relationship between Price and Long-term Moving Average (PMACD), and the relationship between two Moving Averages (MAMACD). P-MACD is composed of two lines, and an histogram, showing price distance (convergence/divergence) to...
Prices high above the moving average (MA) or low below it are likely to be remedied in the future by a reverse price movement as stated in an Article by Denis Alajbeg, Zoran Bubas and Dina Vasic published in International Journal of Economics, Commerce and Management
Here comes a study to indicate the idea of this article, Price Distance to its Moving Averages...
Prelude
This script makes it easy to capture MACD Histogram open/close for automated trading.
There seems to be no "magic" value for MACD Histogram that always works as a cut-off for trade entry/exit, because of the variation in market price over time.
The idea behind this script is to replicate the view of the MACD graph we (humans) see on the screen, in...
Introduction
An exit indicator for MACD, good for triggering order exit via MACD.
It works by considering and the .
Then, it just exits when the % change in these values surpasses a threshold.
Indicators
blue line - MACD
orange line - Signal
green/red columns - Histogram
aqua background - Last Histogram Flip
fuchsia background - Max abs(Histogram)...
Modded RSI and MACD for intraday use. If rsi above 60 and macd is above zero line then go for buy and if rsi is below 40 and macd below zero line then go for sell side. use it in small timeframe i.e. 3 minute or less.
better for scalp trading
Happy Trading
Love INDYAN
#It can be used best with INDYAN Go With Trend
This is a volume-weighted version of the Elder Impulse System. The Elder Impulse System utilizes the MACD along with EMA13(in general) to find the optimal entry and exit points. In this version, the MACD and EMA have both been changed into a Volume-weighted version. With volume involved, the indicator is, in general, faster than the original Elder Impulse system,...
Technical Indicator Moving Average of Oscillator (Moving Average of Oscillator OsMA) is the difference between the oscillator and oscillator smoothing. In this case, an oscillator is used the basic MACD line and the smoothing of the signal.
Calculate:
OSMA = MACD - SIGNAL
MACD = EMA(CLOSE, 12) - EMA(CLOSE, 26)
SIGNAL = EMA(MACD, 9)
Basic BIAS
Deviation rate (bias), also known as deviation rate, or y-value for short, is an indicator to reflect the deviation degree between the price and MA in a certain period of time by calculating the percentage difference between the market index or closing price and a moving average, so as to obtain the possibility that the price will reverse or rebound due...
The Fear And Greed Indicator is a very popular indicator on the Bloomberg platform and since I didn't have actual source code to work with, this is a very close approximation of that indicator. Let me know if you spot any discrepancies with the original and I will do my best to fix them.
For buy and sell signals it is pretty straightforward. Just buy when the...
