[Stochastic, MACD - Double-Cross] – Signal (Expo)

2019년 12월 4일

Stochastic, MACD – Signal (Expo)

DESCRIPTION
This indicator is pairing the Stochastic and MACD and creates a variant of the famous Double Cross Strategy. The indicator is entirely built upon traditional Stochastic and MACD calculations.

This indicator has built-in flexibility that allows you to determine the interval in which stochastic has to be in. It gives you the opportunity to decide if you only want to have trend signals or also want to have market change signals.


HOW TO USE

1. Determine in which interval stochastics has to be in: (Above X and Below Y)

• "The Oversold-value should be above X." A higher value is used in positive trends. A lower value is used when the market is trading in a range or when there is higher volatility. Lower value has the ability to capture market changes.

•" The Overbought-value should be below Y." This value sets the upper limit so that a signal doesn’t appear when stochastic is overbought.

2. Combine the indicator with the original MACD indicator. In order to confirm the momentum.

3. When a signal appears, consider Enter the market.


INDICATOR IN ACTION


USDJPY



BTCUSD



BTCUSD



Dow Jones Industrial Average Index




I hope you find this indicator useful, and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!

I will continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Your feedback is valuable for future developments!



ACCESS THE INDICATOR

• Contact me on TradingView or use the links below



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Disclaimer

Copyright by Zeiierman.

The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/ideas are only for educational purposes!

2020년 8월 5일

릴리즈 노트

Major Improvements!

• The setting panel is more convenient.
  
• Trend MACD is added.
  
• Trend MACD signals are added.
  

Best

2020년 11월 22일

릴리즈 노트

• Alerts Added.
  

2021년 2월 9일

릴리즈 노트

Improvements!

• Alerts Added
  

2022년 1월 27일

릴리즈 노트

Improvements!

• Performance improvements
  
• Dynamic OB/OS Cloud added
  
• Tooltips added