This is a quick script that combines two standard indicators, the Awesome Oscillator and MACD histogram, to highlight the beginnings of periods of fast price movement (divergence between the two). Since MACD's EMA responds more quickly than AO's SMA, look for periods of green over gold as a bullish signal, and red under blue as a bearish signal.
Of course both...
Using 2 MACD with different settings and ADX for determining if is trending or ranging.
ADX below 20 >> ranging
ADX above 23 >> trending
Since the systems use 2 MACD crossing, I removed signal line and histogram.
What you see as a histogram it's actually MACD value plotted histo style.
Please comment if you think it can be improved.
Enjoy!
Thank you!
2 MACD with different settings.
Since the systems use 2 MACD crossing, I removed signal line and histogram.
What you see as a histogram it's actually MACD value plotted histo style.
Please comment if you think it can be improved.
Enjoy!
Thank you!
Range Action Verification Index (RAVI) indicator script. This indicator was originally developed by Tushar Chande (see his book "Beyond Technical Analysis: How to Develop and Implement a Winning Trading System").
Trend Trigger Factor indicator script. This indicator was originally developed by M. H. Pee (Stocks & Commodities V.22:12 (28-36): Trend Trigger Factor).
Copyright by RJ 3/2018
Buy when:
RSI period 3 greater than 50, Difference between MACD and MACD signal line is greater than 0 and also greater than that of previous candle,
Stochastic %D line is less than 80 and greater than that of previous candle, Closing price greater than EMA period 100.
Sell when:
RSI period 3 less than 50, Difference between MACD and...
Hey friends,
The Beta version of UncleBo indicator.
Trying to make it as simple and powerful as possible.
I will publish it once i feel like it does the job perfect.
----------------------
For more details and inquiries please pm me.
this chart allows 4 moving averages and gives a signal for macd cross over up and down as well as RSI oversold - purple - and overbought -yellow - all in 1 indicator.
Stochastic Momentum Index is used to find oversold and overbought zones. It also helps to figure out whether to enter short trade or long trade.
Red Shade in the Top indicates that the stock is oversold and the Blue shade in the bottom indicates overbought.
The lighter color indicates that the trend is continuing while the darker color indicates the trend is...
▼ This is the study version of the script, For usage with Autoview
◊ Introduction
This script makes use of three RMI 's, that indicate Overbought/Oversold on different timescales that correspond with Frequency’s that move the market.
◊ Origin
The Relative Momentum Index was developed by Roger Altman and was introduced in his article in the February,...
![XVGBTC: WaveTrendMacd [Claysee]](https://s3.tradingview.com/6/6XcCu69a_mid.png "WaveTrendMacd [Claysee]")
