MA + MACD alert TrendsThis is a strategy/combination of warning indicators using 6MA+MACD.
The strategy details are as follows: This is a simple warning strategy created so that we don't have to monitor the candlestick chart too often.
Note: This isn't an entry strategy; it's a signaling strategy for upcoming trends. For maximum efficiency, we should incorporate more formulas into the command. In the case below, I use Fibonacci to enter the command.
This strategy setting works for a 15-minute time frame, but it can still work for different time frames.
It has been working well with Gold and USOIL for the last two years, as well as with currency pairs like EURUSD and many others.
Components:
EMA100 + EMA200 + MA400 + MA800
MACD (timeframe greater than 1 timeframe)
Fibonacci retreat.
Uptrend alert:
Candles on both EMAs (100-200) + 2 SMAs (400-800)
In the previous 80 candles:
EMA100 cross up to EMA200
At the same time, the MACD cross up 0.
The uptrend warning will trigger when EMA6 cuts down to MA10. That's when the price creates the top and we'll wait for the market to go back to the Fibonacci threshold of 0.618 and start buying (or wait for markets to break up the trendline to buy).
Downtrend alert:
Candles are below both EMAs ( 100-200 ) + 2 SMAs ( 400-800 )
In the previous 80 candles:
EMA100 cross down to EMA200
At the same time, the MACD cross down zero.
The downtrend warning will trigger when EMA6 cuts to MA10. That's when the price creates a bottom and we'll wait for the market to go back to the Fibonacci threshold of 0.618 and start selling (or wait for the market to break down the trendline to sell).
Recommended RR: 1:1
If you have any questions please let me know!
在脚本中搜索"macd"
[blackcat] L3 Faster MACDLevel 3
Background
I am seeking a way to make MACD faster
Function
By using stoch, but with MACD method, a faster MACD is made. short term faster kd is used for macd lines. long term kd is used for histogram, which can counteract the histogram grade gap caused by tradtional MACD.
Remarks
This is a Level 1 free and open source indicator.
Feedbacks are appreciated.
Multifactor Buy/Sell Strategy V2 | RSI, MACD, ATR, EMA, Boll.BITGET:1INCHUSDT
This Pine Script code for TradingView is a multifactor Buy/Sell indicator that combines several technical factors to generate trading signals based on trend, volatility, and volume conditions. Here’s a breakdown of the main components and functionality:
Indicator Name
- Multifactor Buy/Sell Strategy V2 — an overlay indicator applied directly on the price chart.
### Input Parameters
The script includes multiple customizable parameters:
- RSI, EMA, MACD parameters — for setting periods and signals of MACD and RSI.
- ATR and Bollinger Bands — used for volatility analysis and level determination.
- Minimum Volatility Threshold — sets a minimum Bollinger Band width threshold for determining high volatility.
Core Indicators
1. RSI — calculated to identify oversold (below 30) and overbought (above 70) conditions.
2. EMA and MACD — calculates exponential moving averages and MACD histogram to determine trend direction.
3. ATR and Bollinger Bands — used to assess current volatility and establish dynamic upper and lower bands.
Volatility and Volume Analysis
- Determines the current ATR level and Bollinger Band width to evaluate high volatility.
- Calculates the volume moving average to track periods of increased volume during high volatility.
Trend Analysis
The script uses the difference between fast and slow EMAs to define strong trends:
- Uptrend — when the fast EMA is above the slow EMA, the price is above the fast EMA, and the trend is strong.
- Downtrend — when the fast EMA is below the slow EMA, the price is below the fast EMA, and the trend is strong.
Momentum Filter
- Based on the price change over the last three bars and compared against the minimum volatility threshold to identify strong momentum.
Buy and Sell Signal Generation
- Buy Signal: Uptrend with RSI oversold, positive MACD histogram, high volatility and volume, strong momentum, and sufficient Bollinger Band width.
- Sell Signal: Downtrend with RSI overbought, negative MACD histogram, high volatility and volume, strong momentum, and sufficient Bollinger Band width.
Visualization
- Buy and sell signals are displayed as green and red triangles on the chart.
- Plots for fast and slow EMAs, upper and lower bands, and Bollinger Bands.
Alerts
The script includes alert conditions for buy and sell signals, allowing notifications to be sent via email or mobile app.
Information Panel
A small table on the chart displays current volatility dataThis Pine Script code for TradingView is a multifactor Buy/Sell indicator that combines several technical factors to generate trading signals based on trend, volatility, and volume conditions. Here’s a breakdown of the main components and functionality:
Indicator Name
- Multifactor Buy/Sell Strategy V2 — an overlay indicator applied directly on the price chart.
Input Parameters
The script includes multiple customizable parameters:
- **RSI, EMA, MACD parameters** — for setting periods and signals of MACD and RSI.
- **ATR and Bollinger Bands** — used for volatility analysis and level determination.
- **Minimum Volatility Threshold** — sets a minimum Bollinger Band width threshold for determining high volatility.
Core Indicators
1. RSI — calculated to identify oversold (below 30) and overbought (above 70) conditions.
2. EMA and MACD — calculates exponential moving averages and MACD histogram to determine trend direction.
3. ATR and Bollinger Bands — used to assess current volatility and establish dynamic upper and lower bands.
Volatility and Volume Analysis
- Determines the current ATR level and Bollinger Band width to evaluate high volatility.
- Calculates the volume moving average to track periods of increased volume during high volatility.
Trend Analysis
The script uses the difference between fast and slow EMAs to define strong trends:
- Uptrend — when the fast EMA is above the slow EMA, the price is above the fast EMA, and the trend is strong.
- Downtrend — when the fast EMA is below the slow EMA, the price is below the fast EMA, and the trend is strong.
Momentum Filter
- Based on the price change over the last three bars and compared against the minimum volatility threshold to identify strong momentum.
Buy and Sell Signal Generation
- Buy Signal: Uptrend with RSI oversold, positive MACD histogram, high volatility and volume, strong momentum, and sufficient Bollinger Band width.
- Sell Signal: Downtrend with RSI overbought, negative MACD histogram, high volatility and volume, strong momentum, and sufficient Bollinger Band width.
Visualization
- Buy and sell signals are displayed as green and red triangles on the chart.
- Plots for fast and slow EMAs, upper and lower bands, and Bollinger Bands.
Alerts
The script includes alert conditions for buy and sell signals, allowing notifications to be sent via email or mobile app.
Information Panel
A small table on the chart displays current volatility
- Volatility Status — indicates high or low volatility.
- Bollinger Band Width — current width as a percentage.
- ATR Ratio — ratio of current ATR to long-term average ATR.
This script is suitable for trading in high-volatility conditions, combining multiple filters and factors to generate precise buy and sell signals.
[DuDu95] SSL 4C MACD Laugerre RSI StrategyHello Guys! Nice to meet you all!
Before I start, my nickname has changed to 'DuDu95'!!
This is the Strategy introduced by youtube channel.
I made this based on the open source indicator by kevinmck100, vkno422, KivancOzbilgic. Thank you All!
### Entry Logic
1. Long Entry Logic
- close > SSL Hybrid baseline upper k (keltner channel)
- macd signal > 0 and current MACD value > previous MACD value
- Laguerre RSI < overbought Line.
2. short Entry Logic
- close < SSL Hybrid baseline lower k (keltner channel)
- macd signal < 0 and current MACD value < previous MACD value
- Laguerre RSI > overbought Line.
### Exit Logic
1. Long Exit Logic
- close < SSL Hybrid baseline lower k (keltner channel)
- macd signal < 0
2. short Entry Logic
- close > SSL Hybrid baseline upper k (keltner channel)
- macd signal > 0
### StopLoss
1. Can Choose Stop Loss Type: Percent, ATR, Previous Low / High.
2. Can Chosse inputs of each Stop Loss Type.
### Take Profit
1. Can set Risk Reward Ratio for Take Profit.
- To simplify backtest, I erased all other options except RR Ratio.
- You can add Take Profit Logic by adding options in the code.
2. Can set Take Profit Quantity.
### Risk Manangement
1. Can choose whether to use Risk Manangement Logic.
- This controls the Quantity of the Entry.
- e.g. If you want to take 3% risk per trade and stop loss price is 6% below the long entry price,
then 50% of your equity will be used for trade.
2. Can choose How much risk you would take per trade.
### Plot
1. Added Labels to check the data of entry / exit positions.
2. Changed and Added color different from the original one. (green: #02732A, red: #D92332, yellow: #F2E313)
CT Reverse MACD CrossIntroducing the Reverse MACD Cross
MACD.... short for moving average convergence/divergence, is a trading indicator used in technical analysis of stock prices, created by Gerald Appel in the late 1970s.
It is designed to reveal changes in the strength, direction, momentum, and duration of a trend in a stock's price.
Prior work by Johny Dough showed how we can compute the price level required to make the MACD stay at its current level,
and also how to compute the price level required for the MACD to cross the zero line.
I have brought that idea to it logical conclusion for the MACD by creating a new function which also computes the price level required to cross the MACD with its signal line.
This allows the user to quickly see all of the most relevant information from the MACD and the actual price levels where the indicator will change its posture.
The MACD indicator (or "oscillator") is a collection of three time series calculated from historical price data, most often the closing price.
These three series are:
the MACD series proper shown here in blue
the "Signal Line" or "average" series shown here in red
the "Divergence" series which is the difference between the two shown here as a histogram.
There is also usually a baseline set at zero.
The MACD series is the difference between a "fast" (short period) exponential moving average (EMA), and a "slow" (longer period) EMA of the price series.
The average series (signal line) is an EMA of the MACD series itself.
The MACD indicator thus depends on three parameters, namely the time periods of the three EMAs.
The notation "MACD ( a, b, c )" usually denotes the standard indicator where the MACD series is the difference of EMAs with characteristic times a and b, and the average series is an EMA of the MACD series with characteristic time c.
There is an infobox which displays...
Whether the MACD is falling or rising
the price level which will make the MACD to change from rising to falling or vice versa
the price level which will cause the MACD to cross the signal line
the price level which will cause the MACD to cross the zero line
The most commonly used values are 12 for the fast, 26 for the slow, and 9 for the signal line, that is, MACD ( 12, 26, 9 ) .
The MACD and average series are customarily displayed as continuous lines in a plot whose horizontal axis is time oscillating above and below a zero line, whereas the divergence is commonly shown as a bar graph / histogram.
A fast EMA responds more quickly than a slow EMA to recent changes in a stock's price.
By comparing EMAs of different periods, the MACD series can indicate changes in the trend of a stock.
It is claimed that the divergence series can reveal subtle shifts in the stock's trend.
Since the MACD is based on moving averages, it is a lagging indicator. As a future metric of price trends, the MACD is less useful for stocks that are not trending (trading in a range) or are trading with unpredictable price action.
Divergence Indicator Multi [TradingFinder] MACD AO RSI DIV Chart🔵 Introduction
🟣 What is Divergence in Financial Markets?
Divergence in technical analysis happens when the price of a stock moves in a direction opposite to certain indicators. This is a crucial concept in financial markets as it can signal either a trend reversal or a continuation of the current correction in the trend. Understanding divergence helps traders and analysts make more informed decisions.
🟣 Positive Regular Divergence (RD+)
A positive regular divergence occurs at the end of a downtrend, where two price lows form. This divergence appears when the price chart shows a new low, but the indicator does not follow, signaling potential buying opportunities.
Positive divergence indicates increased buying pressure and reduced selling pressure, making it a useful signal for forecasting price increases.
🟣 Negative Regular Divergence (RD-)
A negative regular divergence is seen during an uptrend when two price highs form. The price chart records a new high, but the indicator does not reflect this change, suggesting that a market downturn is likely.
This type of divergence shows strong selling pressure and weaker buying activity, which can help identify selling opportunities.
Both positive and negative divergences are powerful tools for identifying potential trend reversals and key support and resistance levels. For example, when an indicator trends upward while the price moves downward, this creates divergence, warning traders to reconsider their investment strategy.
🟣 Different Types of Divergence in Trading
1. Regular Divergence :
o Positive Regular Divergence (RD+)
o Negative Regular Divergence (RD-)
2. Hidden Divergence :
o Positive Hidden Divergence (HD+)
o Negative Hidden Divergence (HD-)
3.Time Divergence.
Note : This guide focuses specifically on Regular Divergence.
🟣 What is Regular Divergence?
Regular Divergence, often referred to as convergence, occurs when price action and indicators show conflicting patterns, usually signaling the end of a trend. Detecting regular divergence helps traders anticipate potential trend reversals or the formation of reversal patterns.
🔵 How to Use
To optimize the detection of divergence, you can adjust the Fractal Period to specify the length of time for identifying divergence patterns.
Additionally, with the Divergence Detection Method, you can select oscillators like the MACD, RSI, or AO to base divergence detection on.
Divergence in MACD :
MACD divergence occurs when the price chart forms an opposite pattern compared to the MACD line, indicating a potential price reversal.
Divergence in RSI :
In a downtrend, if the price chart forms two consecutive lows with the second lower than the first, but the RSI shows two lows with the second higher, this indicates positive regular divergence, which is a buy signal.
On the other hand, during an uptrend, if the price forms two highs with the second higher than the first, but the RSI shows the second high lower, this points to negative regular divergence, indicating a sell signal.
Divergence in AO (Awesome Oscillator) :
The AO indicator calculates histograms using the difference between 5-period and 34-period simple moving averages. It compares peaks and troughs of these histograms with price movements, detecting divergence and plotting lines and arrows to signal divergence.
🔵 Table
The following table breaks down the main features of the oscillator. It covers four critical categories: Exist, Consecutive, Divergence Quality, and Change Phase Indicator.
Exist : If divergence is detected, a "+" will appear in this row.
Consecutive: Shows the number of consecutive divergences that have formed in a short period.
Divergence Quality : Evaluates the quality of the divergence based on the number of occurrences. One is labeled "Normal," two are "Good," and three or more are considered "Strong."
Change Phase Indicator : If a phase change is detected between two oscillation peaks, this is marked in the table.
[blackcat] L1 Stick-Line Merged MACDLevel: 1
Background
The MACD is a superior derivative of moving average crossovers and was developed by Gerald Appel in 1979 as a market timing tool. MACD uses two exponential moving averages with different bar periods, which are then subtracted to form what Mr. Appel calls the Fast Line. A 9-period moving average of the fast line creates the slow line.
Function
L1 Stick-Line Merged MACD merges dif and dea lines with macd sticks by the same color candles. The generation of candles help to confirm the trend contiuation. E.g. yellow candles indicate up trend continuation while blue candles indicate down trend continuation
Key Signal
dif --> classic MACD diff fast line in yellow
dea --> classic MACD dea slow line in fuchsia
macd --> classic difference histogram
upslmerge --> up trend continuation yellow candle merge condition
dnslmerge --> down trend continuation blue candle merge condition
Pros and Cons
Pros:
1. merged line and stick with candles help confirm trend reversal
2. long entry signal is indicated.
Cons:
1. need sophisticated knowledge of MACD to use this well
2. this still requires a lot of MACD experience to obtain reliable trading signals
Remarks
Merge lines and sticks of MACD into candles. Better view of the trend
Readme
In real life, I am a prolific inventor. I have successfully applied for more than 60 international and regional patents in the past 12 years. But in the past two years or so, I have tried to transfer my creativity to the development of trading strategies. Tradingview is the ideal platform for me. I am selecting and contributing some of the hundreds of scripts to publish in Tradingview community. Welcome everyone to interact with me to discuss these interesting pine scripts.
The scripts posted are categorized into 5 levels according to my efforts or manhours put into these works.
Level 1 : interesting script snippets or distinctive improvement from classic indicators or strategy. Level 1 scripts can usually appear in more complex indicators as a function module or element.
Level 2 : composite indicator/strategy. By selecting or combining several independent or dependent functions or sub indicators in proper way, the composite script exhibits a resonance phenomenon which can filter out noise or fake trading signal to enhance trading confidence level.
Level 3 : comprehensive indicator/strategy. They are simple trading systems based on my strategies. They are commonly containing several or all of entry signal, close signal, stop loss, take profit, re-entry, risk management, and position sizing techniques. Even some interesting fundamental and mass psychological aspects are incorporated.
Level 4 : script snippets or functions that do not disclose source code. Interesting element that can reveal market laws and work as raw material for indicators and strategies. If you find Level 1~2 scripts are helpful, Level 4 is a private version that took me far more efforts to develop.
Level 5 : indicator/strategy that do not disclose source code. private version of Level 3 script with my accumulated script processing skills or a large number of custom functions. I had a private function library built in past two years. Level 5 scripts use many of them to achieve private trading strategy.
[blackcat] L3 Composite MACD-KDJ-RSI-WR-DMI Trading SystemLevel: 3
Background
The moving average convergence / divergence (MACD) indicator is a pulse oscillator that is mainly used to trade trends. Although it is an oscillator, it is not typically used to identify overbought or oversold conditions. It appears in the diagram as two lines that oscillate without limits. The crossing of the two lines provides trading signals similar to a system with two moving averages.
The KDJ indicator is a technical indicator used to analyze and predict changes in stock performance and the price patterns of a traded asset. The KDJ indicator is also known as the random index. It is a very useful technical indicator that is most commonly used in short term stock market trend analysis. KDJ is a derived form of the Stochastic Oscillator Indicator with the only difference that an additional line is called the J-line. Values of% K and% D indicate whether the security is overbought (over 80) or oversold (under 20). The moments when% K exceeds% D are the moments to sell or buy. The J line represents the deviation of the% D value from% K. The value of J can exceed for the% K and% D lines on the graph.
The Relative Strength Index (RSI) developed by J. Welles Wilder is a pulse oscillator that measures the speed and change of price movements. The RSI hovers between zero and 100. Traditionally, the RSI is considered overbought when it is above 70 and oversold when below 30. Signals can be generated by looking for divergences and error fluctuations.
Williams% R, also known as the Williams Percent Range, is a type of momentum indicator that moves between 0 and -100 and measures overbought and oversold levels. The Williams% R can be used to find entry and exit points in the market. The indicator is very similar to the stochastic oscillator and is used in the same way.
The Directional Movement Index (DMI) is an indicator developed by J. Welles Wilder in 1978 to determine in which direction asset prices are moving. The indicator does this by comparing previous highs and lows and drawing two lines: a positive movement line (+DI) and a negative movement line (-DI). The optional third line is called "Directional Movement (DX)" and it shows the difference between the two lines. When +DI is higher than -DI, the upward pressure on the price is greater than the downward pressure. If -DI is higher than +DI, the price will have greater downward pressure. This indicator can help traders assess the trend direction. Crosses between lines are sometimes used as buying and selling signals.
Function
L3 Composite MACD-KDJ-RSI-WR-DMI Trading System is a simple trading system composed of MACD-KDJ-RSI-WR-DMI together. It can produce 6 types of long entries and 3 types of short entries. It utilizes divergence effect from MACD, KDJ and RSI to detect trend reversal. 6 types of Bottom and top divergence labels are displayed in the chart together with "BUY" and "SELL".
NOTE:In order to make the actual label of the chart more clear, this script does not add stop loss and take profit functions and according labels.
Signal
b1~b3 ---> MACD, KDJ, RSI bottom divergence signal respectively, which hint bull trend may start soon.
d1~d3 ---> MACD, KDJ, RSI top divergence signal respectively, which hint bear trend may start soon.
longentry1~6 ---> with composite indicators together, 6 types of long entry signal are produced.
shortentry1~3 ---> with composite indicators together, 3 types of short entry signal are produced.
Pros and Cons
Pros:
1. excellent open-close, long-short entry signal generation with multiple powerful indicators
2. indicator resonance can help to promote the confidence level of signal and divergence alerts
Cons:
1. integration of multiple indicators is not deeply optimized. fake signal may be produced without filtering schemes
2. no range filter is added
Remarks
To celebrate number of followers exceeds 100. This is my first L3 script published.
Readme
In real life, I am a prolific inventor. I have successfully applied for more than 60 international and regional patents in the past 12 years. But in the past two years or so, I have tried to transfer my creativity to the development of trading strategies. Tradingview is the ideal platform for me. I am selecting and contributing some of the hundreds of scripts to publish in Tradingview community. Welcome everyone to interact with me to discuss these interesting pine scripts.
The scripts posted are categorized into 5 levels according to my efforts or manhours put into these works.
Level 1 : interesting script snippets or distinctive improvement from classic indicators or strategy. Level 1 scripts can usually appear in more complex indicators as a function module or element.
Level 2 : composite indicator/strategy. By selecting or combining several independent or dependent functions or sub indicators in proper way, the composite script exhibits a resonance phenomenon which can filter out noise or fake trading signal to enhance trading confidence level.
Level 3 : comprehensive indicator/strategy. They are simple trading systems based on my strategies. They are commonly containing several or all of entry signal, close signal, stop loss, take profit, re-entry, risk management, and position sizing techniques. Even some interesting fundamental and mass psychological aspects are incorporated.
Level 4 : script snippets or functions that do not disclose source code. Interesting element that can reveal market laws and work as raw material for indicators and strategies. If you find Level 1~2 scripts are helpful, Level 4 is a private version that took me far more efforts to develop.
Level 5 : indicator/strategy that do not disclose source code. private version of Level 3 script with my accumulated script processing skills or a large number of custom functions. I had a private function library built in past two years. Level 5 scripts use many of them to achieve private trading strategy.
LinReg-MACD AlertsThis is the LinReg-MACD indicator. It issues Buy and Sell signals based on linear regression candles along with a SMA slope filter. It also uses the MACD as confluence for these signals. It also has a LSMA filter. All values are adjustable and there are check boxes for use on different candles. I find it works better for me when swinging higher timeframes like the 1 hour.
Fibonacci Zone Oscillator With MACD HistogramThe columns
After I found a way to calculate a price as a percent of the middle line of the KeltCOG Channel in the KCGmut indicator (published), I got the idea to use the same trick in the Fbonacci Zone Channel (also published), thus creating an oscillator.
I plot the percent’s as columns with the color of the KeltCOG Channel. Because the channels I created and published (i.e. Fibonacci Zone, Donchian Fibonacci Trading Tool, Keltner Fibzones, and KeltCOG) all use Fibonacci zones, this indicator also reports the position of the close in their zones.
Strategy and Use:
Blue column: Close in uptrend area, 4 supports, 0 resistance, ready to rally up.
Green column: Close in buyers area, 3 supports, 1 resistance, looking up.
Gray column: Close in center area 2 supports, 2 resistances, undecided.
Yellow column: Close in sellers area 1 support, 3 resistances, looking down.
Red column: Close in downtrend area, 0 support, 4 resistances, ready to rally down.
I use this indicator in a layout with three timeframes which I use for stock picking, I pick all stocks with a blue column in every timeframe, the indicator is so clear that I can flip through the 50 charts of my universe of high liquid European blue chips in 15 minutes to make a list of these stocks.
Because I use it in conjunction with KeltCOG I also gave it a ‘script sets lookback’ option which can be checked with a feedback label and switched off in the inputs.
The MACD histogram
I admire the MACD because it is spot on when predicting tops and bottoms. It is also the most sexy indictor in TA. Actually just the histogram is needed, so I don’t show the macd-line and the signal line. I use the same lookback for the slow-ma as for the columns, set the fast-ma to half and the signal-line to a third of the general lookback. Therefore I gave the lookback a minimum value of 6, so the signal gets at least a lookback of 2.
The histogram is plotted three times, first as a whitish area to provide a background, then the colums of the Fibzone Oscillator are plotted, then the histogram as a purple line, which contrasts nicely and then as a hardly visible brown histogram.
The input settings give the option to show columns and histogram separate or together.
Strategy and use:
I think about the columns as showing a ‘longer term chosen momentum’ and about the histogram as a ‘short term power momentum’. I use it as additional information.
Enjoy, Eykpunter.
Ultimate MACDThis indicator is an improved version of MACD+RSI (refer to my script list). Basically, this indicator is a combination of several indicators:
1. Fast MACD (preset at 8, 16, 11 - it is my own preference settings and the red and blue line in this indicator are referring to the Fast MACD settings)
2. Slow MACD (preset at 12, 26, 9 - standard settings and the Slow MACD lines are not displayed in this indicator)
3. RSI (preset over value 50)
4. Stochastic (preset overbought at 80, oversold at 20)
How to read:
1. Fast and Slow MACD:
- Two red and blue lines are displaying the Fast MACD lines
- Small blue cross will appear at every crossover of the Fast MACD lines
- Golden Cross 1: Yellow background will appear if only Fast MACD lines are crossing to each other (blue crossover red)
- Golden Cross 2: Green background will appear if both Fast and Slow MACD lines are crossing to each other (blue crossover red but for Slow MACD, I didn't put those lines in this indicator)
- Death Cross 1: Blue background will appear if only Fast MACD lines are crossing to each other (red crossover blue)
- Death Cross 2: Red background will appear if both Fast and Slow MACD lines are crossing to each other (red crossover blue)
2. RSI:
- Purple dots will appear on the center line if RSI value is over 50
3. Stochastic:
- Big Blue cross will appear on the center line if stochastic line are crossing to each other in the oversold area (preset at 20)
- Big Red cross will appear on the center line if stochastic line are crossing to each other in the overbought area (preset at 80)
That's all about this indicator, you can use it based on your own trading style if it suits you. And again I let the script open for anyone to modify it based on your own preferences.
Bollinger Bands strategy with RSI and MACD v1.0 This is a strategy based on the Bollinger Bands, where buy trades are made when the price crosses the lower line of the Bollinger Bands upwards, and sell trades are made when the price crosses the upper line downwards.
In addition, it is possible through the inputs to enable trading with RSI and MACD, so that buy or sell trades are supported by these two indicators.
Trades are partially and fully closed in the following way, a buy trade will close half of the position when the price touches the middle line of the Bollinger bands and will be fully closed when the price touches the upper band. In the case of a sell position, half of the position will be closed if the price touches the middle band and the entire position will be closed when the price touches the lower band. Alternatively, a fixed take profit can be placed. In case the price moves against us, trailing stops can be placed.
In case of selecting to use RSI, MACD, or MACD variation, trades will be executed as long as The Bollinger Bands, and all the above-mentioned indicators give the same signals, either buy or sell.
For example in the case of selecting only Use RSI, buy trades would be made as long as RSI and BB give buy signals.
Strategy inputs:
-BB source: Bollinger Bands price source.
-Bollinger Bands SMA length: Bollinger Bands simple moving average length.
-Bollinger Bands StdDev length: Bollinger Bands standard deviation length.
-Trail Long Loss (%): Distance in percentage at which the stop loss will initially be placed for buy trades.
-Trail Short Loss (%): Distance in percentage at which the stop loss will be initially placed for sell trades.
-Maximum orders: Maximum of simultaneous operations, for example, if it is 3, up to 3 parallel operations of buy and up to 3 parallel operations of sell will be carried out.
-Position size: Number of contracts per trade.
-Use RSI: If selected, the strategy will also trade based on oversold or overbought signals provided by the RSI.
-RSI source: RSI price source.
-RSI period: The RSI period to use.
-RSI value for buy: If the RSI is below this value, it will give a buy signal.
-RSI value for sell: If the RSI value is above this value, it will give a sell signal.
-Use MACD: If selected, buy trades will be made when the MACD crosses 0 upwards, and sell trades will be made when the MACD crosses 0 downwards.
-Use MACD variation: Only available if MACD is previously selected. In this case, buy trades are made if the MACD value in the last 3 candles has been decreasing, and sell trades are made if the MACD value has been increasing.
-MACD source: MACD price source.
-MACD fast length: MACD fast EMA lenght.
-MACD slow length: MACD slow EMA lenght.
-MACD signal length: MACD signal EMA lenght.
-Use maximum TP long: If selected, a fixed take profit will be placed for buy trades. The position could be closed before reaching this take profit if the price touches one of the lower or upper lines first.
-Maximum take profit long (%): Distance in percentage at which the take profit will be placed for buy trades.
-Use maximum TP short: if selected, a fixed take profit will be placed for sell trades. The position could be closed before reaching this take profit if the price touches one of the lower or upper lines first.
-Maximum take profit short (%): Distance in percentage at which the take profit will be set for sell trades.
I hope you like it and as always all feedback is welcome.
Patron04 MACD DEMA TOFF Alert ScriptI prepared the macd dema indicator made by Toff as a startegy test. There is another strategy like this. But the process is opened according to the intersection of macd and signal. But the difference between my test is this. Macd is testing according to the intersection of 0 value. Macd sells 0 when cut down, buying when 0 cuts down
Toff's Macd dema:
Patron04 TOFF MACD DEMA StrategyI prepared the macd dema indicator made by Toff as a startegy test. There is another strategy like this. But the process is opened according to the intersection of macd and signal. But the difference between my test is this. Macd is testing according to the intersection of 0 value. Macd sells 0 when cut down, buying when 0 cuts down
Toff's Macd dema:
ANTS BEAST MODE TRIX+MACD TRIX CROSSThis indicator is both the TRIX + MACD all in one inidicator -- a + sign is displayed whenever the trix crosses
BEST MA Cross/MACD ScreenerHello traders
Continuing deeper and stronger with the screeners' educational serie one more time
I - Concept
This is the first flexible screener I'm releasing. Screener detecting a convergence whenever the MACD and MM cross are giving a signal in the same direction.
Those who know me from TradingView ... are aware that I'm big on convergences. I totally think that 1 indicator isn't enough - whatever the timeframe.
But building my own convergence detection systems has been fruitful for me
II - How did I set the screener
The visual signals are as follow:
- square: MACD + MA cross convergence.
- diamond: Only MACD is selected
- circle: Only MA cross is selected
Then the colors are:
- green when bullish
- red when bearish
Example
Below, I highlighted why we see diamonds on the top screener panel. This is because I only selected the MACD filter
Cool Hacks
Don't forget that you can add the same indicator multiple times on your chart :)
Wishing you all the BEST trading
Dave
MT4 MACD This is a plain macd similar to the one on the mt4
There are extra colors added for visuals
Primarily requested by user Sonja.
macd // signalline // macdmt4 // mt4macd
MACD + Parabolic SAR / Owl of ProfitMACD + Parabolic SAR Strategy
This strategy combines the MACD and Parabolic SAR indicators to identify potential buy and sell signals based on trend direction and momentum.
Features:
MACD (Moving Average Convergence Divergence):
A momentum-based indicator that identifies bullish and bearish trends.
MACD Line: The difference between the fast and slow exponential moving averages.
Signal Line: A 9-period EMA of the MACD Line.
Histogram: Represents the difference between the MACD Line and Signal Line.
Parabolic SAR (Stop and Reverse):
A trend-following indicator used to set trailing stop-loss levels.
Parameters:
Start: 0.02 (default).
Increment: 0.02 (default).
Max: 0.2 (default).
Entry and Exit Logic:
Long Condition:
MACD Line is above the Signal Line (bullish momentum).
Price is above the Parabolic SAR value.
Opens a long position.
Short Condition:
MACD Line is below the Signal Line (bearish momentum).
Price is below the Parabolic SAR value.
Opens a short position.
Exit Logic:
For long positions: Exits when short conditions are met.
For short positions: Exits when long conditions are met.
Visualization:
MACD: Displays MACD Line, Signal Line, and Histogram to analyze momentum shifts.
Parabolic SAR: Plotted as dots above or below the price, indicating trend direction.
This strategy is ideal for traders who prefer a combination of momentum and trend-following techniques for precise entries and exits. Use it for backtesting and fine-tuning to match your trading style.
Visit my website for more tools and strategies: bybitindicators.com
Happy trading!
long&short signal Smart Money Concepts (SMC) with MACD Signals Smart Money Concepts (SMC) with MACD Signals
Advanced SMC and MACD Integration for Precision Trading
The "Smart Money Concepts (SMC) with MACD Signals" indicator is a powerful and versatile tool designed to enhance trading strategies by integrating two highly effective technical analysis methods into a single, cohesive indicator. This advanced script combines the Smart Money Concepts (SMC) methodology with the Moving Average Convergence Divergence (MACD) indicator to provide traders with a comprehensive trading solution that identifies key market trends and potential trading opportunities.
What It Does:
Smart Money Concepts (SMC):
The SMC component of this indicator identifies significant price levels and zones where market participants, particularly institutional investors, may be active. It calculates high and low anchor levels based on historical price data, creating zones that help traders understand where price action may encounter support or resistance. These anchor levels are used to plot background colors on the chart, highlighting critical areas of interest where price might react, and generating buy (long) and sell (short) signals based on price interactions with these levels.
MACD (Moving Average Convergence Divergence):
The MACD component provides insights into market momentum and trend strength. By calculating the difference between two moving averages and comparing it to a signal line, the MACD indicator helps traders identify potential changes in trend direction. The script plots the MACD line, signal line, and histogram, offering a clear visual representation of market momentum. Buy (long) and sell (short) signals are generated when the MACD line crosses above or below the signal line, providing timely alerts to potential trading opportunities.
Why It’s Special:
This indicator stands out for its dual functionality, combining the price level analysis of SMC with the momentum-based insights of MACD. The integration allows traders to benefit from both trend and price level analysis, offering a more robust and accurate trading tool. The SMC component highlights critical price zones and provides context for price action, while the MACD component confirms the strength and direction of market trends.
By using this combined approach, traders can make more informed decisions based on comprehensive market analysis. The indicator not only helps in identifying significant price levels and potential market reversals but also provides real-time signals to capitalize on these opportunities. Whether you are a day trader or a swing trader, the "Smart Money Concepts (SMC) with MACD Signals" indicator is designed to enhance your trading strategy with precision and clarity.
This unique combination of SMC and MACD offers a powerful toolset for traders looking to refine their trading strategies and improve their market analysis. With its user-friendly visualizations and signal generation, this indicator is an essential addition to any trader’s toolkit.
OBV-MACDThe OBV-MACD indicator is a momentum-based technical analysis tool that helps traders identify trend reversals and trend strength. This Pine script is an implementation of the OBV-MACD indicator that uses the On-Balance Volume (OBV) and Moving Average Convergence Divergence (MACD) indicators to provide a momentum data of OBV.
The OBV-MACD indicator uses the OBV to calculate the cumulative volume, which is then smoothed using two moving averages - fast and slow. The difference between these moving averages is plotted as a histogram, with a signal line plotted over it. A buy signal is generated when the histogram crosses above the signal line, indicating a bullish trend, while a sell signal is generated when the histogram crosses below the signal line, indicating a bearish trend.
This Pine script also includes an OBV-MACD-Donchian version that incorporates Donchian channels for the OBV-MACD. The Donchian channel is a technical analysis indicator that helps traders identify the highs and lows of an asset's price over a certain period. The OBV-MACD-Donchian version uses the OBV-MACD indicator along with the Donchian channels to provide signals that the momentum of OBV is making new high/low during that period of time.
Traders can customize the input parameters of the OBV-MACD indicator, such as the timeframe, method of calculation for the moving averages, and the lengths of the moving averages and breakout lengths. The colors of the plot can also be customized to suit the trader's preferences.
Altered OBV On MACDHere is another strategy along with an indicator that is already published for everyone to use wisely in the tradingview platform. The strategy is not very planned to highlight where to enter and when to exit as it is just a system. So, it is always good practice to follow the signal of simple moving averages and that is the reason you could find those color lines in this strategy as well.
As the indicator signals the entry point, it is wise to decide what the SMA (21, 50, 90, 200) signals us. When the price oscillated around the higher timeframe of moving averages, then it is wise to wait before entering.
OBV:
The OBV is perfect indicator to understand the strength of the particular stock. As the strength increase, the trend of the stock goes high along with price. But, the OBV is considered only with close of previous close which is to make sure the double confirmation on the price to accumulate the volume .
Altered OBV:
So, here is the altered OBV, which basically consider the close of previous close and also buying interested of the day when close is higher than open.
MACD:
I always admire the magic of MACD with pre-defined timeframe. Now, this MACD applied on top of altered OBV to signal us the moving of the ticker strength.
Long:
The long entry occurs when the MACD on Altered OBV signal bullish and the same time the MACD on close already bullish.
Short
The short denotes when the MACD on Altered OBV signal bearish and at the same time the MACD on close already bearish.
I hope this would help on your swing trading strategy.
Happy Investing.
Joel on Crypto - MACD ScalpingJoel on Crypto - MACD Scalping
This is a Scalping indicator primarily intended for the 5 minute time frame.
It is based on the Crypto Scalping YouTuber Joel on Crypto's popular 5 minute scalping strategy and this is the indicator he personally use when Scalping.
This is a Multi-timeframe indicator where if you use it on the 5 minute time frame, the MACD Histogram bars will be based on the 1 minute timeframe.
The purpose of this indicator is not to trade it like a bot. The purpose is to grab the traders attention a time where there COULD be a scalping opportunity.
Use this indicator at your own risk.
Adaptive, Jurik-Filtered, JMA/DWMA MACD [Loxx]Adaptive, Jurik-Filtered, JMA/DWMA MACD is MACD oscillator with a twist. The traditional calculation of MACD is the between two EMAs of price. This traditional approach yields a very noisy and lagged signal. To solve this problem, JMA/DWMA MACD uses the difference between adaptive Juirk-Filtered price and adaptive DWMA to yield a marked improvement over traditional MACD.
What is JMA / DWMA oscillator (MACD)?
Of all the different combinations of moving average filters to use for a MACD oscillator, we prefer using the JMA - DWMA combination.
JMA is ideal for the fast moving average line because it is quick to respond to reversals, is smooth and can be set to have no overshoot. DWMA (double weighted moving average) is ideal for the slower line as is tends to delay reversing direction until JMA crosses it.
What is Jurik Volty used in the Juirk Filter?
One of the lesser known qualities of Juirk smoothing is that the Jurik smoothing process is adaptive. "Jurik Volty" (a sort of market volatility ) is what makes Jurik smoothing adaptive. The Jurik Volty calculation can be used as both a standalone indicator and to smooth other indicators that you wish to make adaptive.
What is the Jurik Moving Average?
Have you noticed how moving averages add some lag (delay) to your signals? ... especially when price gaps up or down in a big move, and you are waiting for your moving average to catch up? Wait no more! JMA eliminates this problem forever and gives you the best of both worlds: low lag and smooth lines.
Ideally, you would like a filtered signal to be both smooth and lag-free. Lag causes delays in your trades, and increasing lag in your indicators typically result in lower profits. In other words, late comers get what's left on the table after the feast has already begun.
What is an adaptive cycle, and what is Ehlers Autocorrelation Periodogram Algorithm?
From his Ehlers' book Cycle Analytics for Traders Advanced Technical Trading Concepts by John F. Ehlers , 2013, page 135:
"Adaptive filters can have several different meanings. For example, Perry Kaufman’s adaptive moving average ( KAMA ) and Tushar Chande’s variable index dynamic average ( VIDYA ) adapt to changes in volatility . By definition, these filters are reactive to price changes, and therefore they close the barn door after the horse is gone.The adaptive filters discussed in this chapter are the familiar Stochastic , relative strength index ( RSI ), commodity channel index ( CCI ), and band-pass filter.The key parameter in each case is the look-back period used to calculate the indicator. This look-back period is commonly a fixed value. However, since the measured cycle period is changing, it makes sense to adapt these indicators to the measured cycle period. When tradable market cycles are observed, they tend to persist for a short while.Therefore, by tuning the indicators to the measure cycle period they are optimized for current conditions and can even have predictive characteristics.
The dominant cycle period is measured using the Autocorrelation Periodogram Algorithm. That dominant cycle dynamically sets the look-back period for the indicators. I employ my own streamlined computation for the indicators that provide smoother and easier to interpret outputs than traditional methods. Further, the indicator codes have been modified to remove the effects of spectral dilation.This basically creates a whole new set of indicators for your trading arsenal."
Included
- Toggle on/off bar coloring
