Adaptive Two-Pole Super Smoother Entropy MACD [Loxx]Adaptive Two-Pole Super Smoother Entropy (Math) MACD is an Ehlers Two-Pole Super Smoother that is transformed into an MACD oscillator using entropy mathematics. Signals are generated using Discontinued Signal Lines.
What is Ehlers; Two-Pole Super Smoother?
From "Cycle Analytics for Traders Advanced Technical Trading Concepts" by John F. Ehlers
A SuperSmoother filter is used anytime a moving average of any type would otherwise be used, with the result that the SuperSmoother filter output would have substantially less lag for an equivalent amount of smoothing produced by the moving average. For example, a five-bar SMA has a cutoff period of approximately 10 bars and has two bars of lag. A SuperSmoother filter with a cutoff period of 10 bars has a lag a half bar larger than the two-pole modified Butterworth filter.Therefore, such a SuperSmoother filter has a maximum lag of approximately 1.5 bars and even less lag into the attenuation band of the filter. The differential in lag between moving average and SuperSmoother filter outputs becomes even larger when the cutoff periods are larger.
Market data contain noise, and removal of noise is the reason for using smoothing filters. In fact, market data contain several kinds of noise. I’ll group one kind of noise as systemic, caused by the random events of trades being exercised. A second kind of noise is aliasing noise, caused by the use of sampled data. Aliasing noise is the dominant term in the data for shorter cycle periods.
It is easy to think of market data as being a continuous waveform, but it is not. Using the closing price as representative for that bar constitutes one sample point. It doesn’t matter if you are using an average of the high and low instead of the close, you are still getting one sample per bar. Since sampled data is being used, there are some dSP aspects that must be considered. For example, the shortest analysis period that is possible (without aliasing)2 is a two-bar cycle.This is called the Nyquist frequency, 0.5 cycles per sample.A perfect two-bar sine wave cycle sampled at the peaks becomes a square wave due to sampling. However, sampling at the cycle peaks can- not be guaranteed, and the interference between the sampling frequency and the data frequency creates the aliasing noise.The noise is reduced as the data period is longer. For example, a four-bar cycle means there are four samples per cycle. Because there are more samples, the sampled data are a better replica of the sine wave component. The replica is better yet for an eight-bar data component.The improved fidelity of the sampled data means the aliasing noise is reduced at longer and longer cycle periods.The rate of reduction is 6 dB per octave. My experience is that the systemic noise rarely is more than 10 dB below the level of cyclic information, so that we create two conditions for effective smoothing of aliasing noise:
1. It is difficult to use cycle periods shorter that two octaves below the Nyquist frequency.That is, an eight-bar cycle component has a quantization noise level 12 dB below the noise level at the Nyquist frequency. longer cycle components therefore have a systemic noise level that exceeds the aliasing noise level.
2. A smoothing filter should have sufficient selectivity to reduce aliasing noise below the systemic noise level. Since aliasing noise increases at the rate of 6 dB per octave above a selected filter cutoff frequency and since the SuperSmoother attenuation rate is 12 dB per octave, the Super- Smoother filter is an effective tool to virtually eliminate aliasing noise in the output signal.
What are DSL Discontinued Signal Line?
A lot of indicators are using signal lines in order to determine the trend (or some desired state of the indicator) easier. The idea of the signal line is easy : comparing the value to it's smoothed (slightly lagging) state, the idea of current momentum/state is made.
Discontinued signal line is inheriting that simple signal line idea and it is extending it : instead of having one signal line, more lines depending on the current value of the indicator.
"Signal" line is calculated the following way :
When a certain level is crossed into the desired direction, the EMA of that value is calculated for the desired signal line
When that level is crossed into the opposite direction, the previous "signal" line value is simply "inherited" and it becomes a kind of a level
This way it becomes a combination of signal lines and levels that are trying to combine both the good from both methods.
In simple terms, DSL uses the concept of a signal line and betters it by inheriting the previous signal line's value & makes it a level.
Included:
Bar coloring
Alerts
Signals
Loxx's Expanded Source Types
스크립트에서 "macd"에 대해 찾기
Gaussian Filter MACD [Loxx]Gaussian Filter MACD is a MACD that uses an 1-4 Pole Ehlers Gaussian Filter for its calculations. Compare this with Ehlers Fisher Transform.
What is Ehlers Gaussian filter?
This filter can be used for smoothing. It rejects high frequencies (fast movements) better than an EMA and has lower lag. published by John F. Ehlers in "Rocket Science For Traders". First implemented in Wealth-Lab by Dr René Koch.
A Gaussian filter is one whose transfer response is described by the familiar Gaussian bell-shaped curve. In the case of low-pass filters, only the upper half of the curve describes the filter. The use of gaussian filters is a move toward achieving the dual goal of reducing lag and reducing the lag of high-frequency components relative to the lag of lower-frequency components.
A gaussian filter with...
one pole is equivalent to an EMA filter.
two poles is equivalent to EMA ( EMA ())
three poles is equivalent to EMA ( EMA ( EMA ()))
and so on...
For an equivalent number of poles the lag of a Gaussian is about half the lag of a Butterworth filters: Lag = N * P / (2 * ¶2), where,
N is the number of poles, and
P is the critical period
Special initialization of filter stages ensures proper working in scans with as few bars as possible.
From Ehlers Book: "The first objective of using smoothers is to eliminate or reduce the undesired high-frequency components in the eprice data. Therefore these smoothers are called low-pass filters, and they all work by some form of averaging. Butterworth low-pass filtters can do this job, but nothing comes for free. A higher degree of filtering is necessarily accompanied by a larger amount of lag. We have come to see that is a fact of life."
References John F. Ehlers: "Rocket Science For Traders, Digital Signal Processing Applications", Chapter 15: "Infinite Impulse Response Filters"
Included
Loxx's Expanded Source Types
Signals, zero or signal crossing, signal crossing is very noisy
Alerts
Bar coloring
EMA 21 + MacD + RSI + Alma
Setting
EMA 21 = Green
EMA 9 = yellow
MacD = 5 35 5
RSI = 10
Alma 20 0.8 8
RULES
Long:
1. EMA 9 below 21
2. RSI above 50 from Oversold
3. Macd Solid green
4. SL @ ALMA
5. Conditional buy limit order @ top wick
6. 1:3 RR
Short:
1. EMA 9 above 21
2. RSI below 50 from Overbought
3. Macd Solid red
4. SL @ ALMA
5. Conditional sell limit order @ bottom wick
6. 1:3 RR
Stochastic MACDStochasticMACD (SMACD) is an oscillating momentum indicator. It is based on MACD but run through a stochastic oscillator.
This results in an indicator with all the same properties as MACD but with the benefit that the absolute levels can be compared to history values.
Forex scalper 2xEMA + SRSI + MACDThis is a forex scalping strategy designed for the most liquid pairs, like major forex pairs.
Its made of
1 EMA 50
1 EMA 100
Stochastic RSI
MACD
Rules
For long :close of the candle is above moving average 50, moving average 50> moving average 100, macd histogram is positive and cross over of stochastic rsi with the oversold level.
For short :close of the candle is below moving average 50, moving average 50 < moving average 100, macd histogram is negative and cross under of stochastic rsi with the overbought level.
Exit
For exit we have take profit and stop loss using fixed pip points.
For this example on EURUSD we use 20 pips for both tp and sl
IF you have any questions let me know !
rsi and macdRSI and MACD in the chart:
- small circles -> oversold/overbought
- big circles -> oversold/overbought rising/falling
- small diamonds -> macd over/under signal with macd over/under zero
Please comment if you have an idea to improve it ;)
ADX Momentum cross + MacD + HH LL + Buy/Sell Signals and alerts Hello, This is the first indicator I have made and would like to contribute to the community.
This strategy came from trying to replicate a previous ADX Cross Indicator that I loved on MT4 which I used successfully on EUR/USD on high and low time frames. Through the process of trying to replicate it I failed, I decided to take what I had written so far and create my own ADX cross strategy using the combination of 3 ADX's, their lag. Then also using Higher highs and lower lows with the MacD to further filter the signals.
There are two buy and two sell conditions , the difference between these are just the order in which the ADX crossing determines the entry. The MacD and higher highs and lower lows are the same for filtering the signal.
You can change the look back for HH and LL look back range, along with the DI Length & ADX Smoothing for all ADX's. The lag used for either the buy or sell strategy with the Lag_Buy/Lag_Sell inputs. Lag_mid setting will affect all 4 conditions.
From testing and based on the ADX cross logic you should follow this structure when changing the inputs for:
DI Length: Lowest DI value (I.E. 1)
DI Lengtha: Middle DI value (I.E. 2)
DI Lengthb: Highest DI value (I.E. 3)
ADX Smoothing: Lowest Smoothing value (I.E. 1)
ADX Smoothinga: Middle Smoothing value (I.E. 2)
ADX Smoothingb: Highest Smoothing value (I.E. 3)
I tested this on the EUR/USD, but mainly I have been using it on BTC/USDT(binance) and BTC/USDT Perpetual futures(binance) with the 5 minute chart. I suggest playing around with the settings depending on the Symbol and timeframe you use because the default settings are what I last found to be optimal for my self on the 5min BTC/USDT Perpetual futures(binance) chart.
A good starting point I found when using the indicator on other charts is to use the below values:
DI Length: 7
DI Lengtha: 14
DI Lengthb: 21
ADX Smoothing: 7
ADX Smoothinga: 14
ADX Smoothingb: 21
If you have any questions, suggestions, or requests for this indicator feel free contact me. You can either comment on here or Message me
If you like this indicator please like and comment where you found it useful.
Stochastic with MACD filter + SL/TP + AlertsLong Arrow : close of the candle is above ema + Stochastic is oversold + MACD is below 0 + Stochastic cross up
Short Arrow : close of candle is below ema + Stochastic is overbought + MACD is above 0 + Stochastic cross down
Also added SL, 1:1 and TP where SL can be varied by ATR value and TP is set to 2:1 RR but it can be varied too.
It is not meant to take every single trade even though that might already be profitable.
For higher winrate look for the higher timeframe trend for example when trading the 15min look if the Daily 8ema is going up or down.
Also only take trades when there is either a hidden divergence on RSI or a smaller normal divergence.
The I take the normal divergenes alo when there is no higher high like an M or lower low for longs like a W these tend to work out pretty good too.
Alerts are in it too.
Have Fun :)
[RS]MACD Divergence V1This oscilator was created by Ricardo Santos using MACD's histogram as the series to find low and high fractals and from there find and plot divergences.
I just modified it a little bit to make it to look more like the MACD public library indicator and use the actual MACD series (instead of the histogram) to find the fractals and from there plot divergences.
I did this to make it easier for me and other fellow students of a Forex school where we use these type of divergences to find patterns.
MACD,RSI & EMA strategy with MA+PSAR by MAMMACD,RSI & EMA strategy with MA+PSAR
Buy strategy
- MACD above signal
- RSI above RSI signal
- Close price above EMA
Sell Strategy
- MACD below signal
- RSI below RSI signal
- Close price below EMA
Full strategy AllinOne with risk management MACD RSI PSAR ATR MAHey, I am glad to present you one of the strategies where I put a lot of time in it.
This strategy can be adapted to all type of timecharts like scalping, daytrading or swing.
The context is the next one :
First we have the ATR to calculate our TP/SL points. At the same time we have another rule once we enter(we enter based on % risk from total equity, in this example 1%, at the same time, lowest ammount for this example is 0.1 lots, but can be modified to 0.01), so we can exit both by tp/sl points, or by losing 1% of our equity or winning 1% of our total equity. It's dinamic.
The strategy is made from
Trend direction :
PSAR
First confirmation point :
Crossover between 10EMA and Bollinger bands middle point
Second confirmation
MACD histogram
Third confirmation
RSI overbought/oversold levels
For entries : we check trend with psar, then once ema cross bb middle point, we confirm together with rsi level for overbought/oversold and macd histogram ( > 0 or <0).
We exit, when we have opposite sign, like from buy to sell or sell to buy, or when we reach tp/sl points, or when we reach % basaed equity points.
It can be changed to be fixed lots, or fixed tp/sl , you just have to uncomment the size from entries, and tp/sl lines.
At the same time, it has the possibility if one desires, to trade only concrete forex session like european, asian and so on for intraday trading.
Hope you enjoy it.
Let me know how it goes.
{INDYAN} RSI + MACDModded 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
DEMA Strategy with MACDThe Double Exponential Moving Average (DEMA) indicator was introduced in January 1994 by Patrick G. Mulloy, in an article in the "Technical Analysis of Stocks & Commodities" magazine: "Smoothing Data with Faster Moving Averages"
It attempts to remove the inherent lag associated to Moving Averages by placing more weight on recent values. The name suggests this is achieved by applying a double exponential smoothing which is not the case. The name double comes from the fact that the value of an EMA (Exponential Moving Average) is doubled. To keep it in line with the actual data and to remove the lag the value "EMA of EMA" is subtracted from the previously doubled ema.
DEMA is a very responsive system. A lot of signals can be generated only when trading with DEMA. In this strategy, I combined Dema buy-sell signals with MACD indicator. When you activate MACD confirmation from settings; When DEMA comes to long situation, the MACD histogram is checked to be positive.
Trend Trader Strategy with MACDThis is plots the indicator developed by Andrew Abraham in the Trading the Trend article of TASC September 1998
The strategy I use has already been published explicitly by HPotter, you can review the core code from there.
I have converted the existing strategy codes that have been published into the strategy and the result looks great but I noticed that the indicator performed too much in short periods like 1 minute and I thought it would be healthier to get MACD approval. MACD approval will come selected by default. When the indicator reaches the buy status, if the macd histogram is positive, it enters the long process. By removing this confirmation from the settings window, you can see the normal signal frequency of the indicator.
This strategy is mainly based on trend signals. In fact, I am publishing this strategy to use in alternating trading for Bear-Bull crypto coins.
What does the bear-bull comparison mean?
You can open the same chart in the ETHBEAR / USDT symbol as opposed to the ETHBULL / USDT symbol that appears on the chart. When BUY signal comes in bull symbol, SELL will come in bear symbol. When BUY signal comes in bear symbol, SELL will come in bull symbol. In this way, very fast and very high profit can be obtained by alternating operation.
kurdistan MACD & RSI & EMA Hello friends
This indicator can help you to combine the three indicators together
EMA (20), MACD (12, 26, 20), RSI (14)
Apply ema20 to rsi as the signal line
Long arrival time
Price above EMA20, MACD above signal line and RSI above signal line
Short arrival time
Price below EMA20, MACD below signal line and RSI below signal line
~RMCF~ RSI and MACD Reversal SignalFor AkibaDeep. Checks if RSI < 30 recently and if MACD diverges, placing a buy signal. Then, places a sell signal when MACD converges back.
OBV MACDOBV MACD paints a different picture from traditional MACD on low and high (not intermediate) timeframes.
BNG MACD / Blue and Green MACDJust publish it again so it's easier to search this indicator.
Just inspired from macd 4c.
I changed it to blue and green color so it's looks better.
Advanced MACDThis is a more advanced version of the standard moving average convergence/divergence indicator (MACD). It allows you to change the type of all moving averages (Simple, Exponential, Weighted, Volume-weighted, Triple EMA or a moving average that uses RSI). By for example setting the period to 3/10/16 and use simple moving averages instead of exponential moving averages you can turn it into the modified version of the MACD oscillator (mMACD) described in detail in Appendix B in the book "The Art and Science of Technical Analysis: Market Structure, Price Action and Trading Strategies" by Adam Grimes.
The indicator also allows you to volume weight the indicator (turned on by default), which will turn it into a Volume-Weighted Moving Average Convergence Divergence (VW-MACD) first used by Buff Pelz Dormeier in 2002 and described in detail in his book "Investing with Volume Analysis: Identify, Follow, and Profit from Trends". If you want to weight the oscillator against the true range instead of volume this is also possible. By default, this will be done automatically for assets that do not support volume.
Ultra MACD [DW]This is a variation of Gerald Appel's MACD with seven moving average source types to choose from.
The MA types I've included in this script are:
- Kaufman's Adaptive Moving Average
- Geometric Moving Average
- Hull Moving Average
- Volume Weighted Moving Average
- Least Squares Moving Average
- Arnaud Legoux Moving Average
- Exponential Moving Average
Custom bar color scheme is included with two different colorization methods - one based on the MACD, and the other based on the histogram.
Ergotic MACD Strategy Backtest This is one of the techniques described by William Blau in his book
"Momentum, Direction and Divergence" (1995). If you like to learn more,
we advise you to read this book. His book focuses on three key aspects
of trading: momentum, direction and divergence. Blau, who was an electrical
engineer before becoming a trader, thoroughly examines the relationship
between price and momentum in step-by-step examples. From this grounding,
he then looks at the deficiencies in other oscillators and introduces some
innovative techniques, including a fresh twist on Stochastics. On directional
issues, he analyzes the intricacies of ADX and offers a unique approach to help
define trending and non-trending periods.
Blau`s indicator is like usual MACD, but it plots opposite of meaningof
stndard MACD indicator.
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.
Rob RSI Stoch MACD Combo Alert//Created by Robert Nance on 5/28/16. Additional credit to vdubus.
//This was a special request from rich15stan. It combines my original RSI Stoch extremes with vdubus’ MACD VXI.
//This script will give you red or green columns as an indication for oversold/overbought,
//based upon the rsi and stochastic both being at certain levels. The default oversold is at 35.
//If Stochastic and RSI fall below 35, you will get a green column. Play with your levels to see how
//your stock reacts. It now adds the MACD crossover, plotted as a blue circle.
