S3-ZMACD
Here's a modified MACD which uses ZL calculation for the emas, phi adjustment to the fast signal and an optimized period set. It useful because it will give predictive signals for many setups.
// // @author lonestar108 // study(title = "S3ZMACD", shorttitle="S3ZMACD", overlay=false) src=close lengtha=input(3) emaa=ema(src, lengtha) emas=ema(emaa, lengtha) da=emaa-emas zemaa=emaa+da length1=input(9) ema1=ema(src, length1) ema2=ema(ema1, length1) d1=ema1-ema2 zema1=ema1+d1 length2=input(27) ema3=ema(src, length2) ema4=ema(ema3, length2) d2=ema3-ema4 zema2=ema3+d2 length3=input(81) ema5=ema(src, length3) ema6=ema(ema5, length3) d3=ema5-ema6 zema3=ema5+d3 length4=input(108) ema7=ema(src, length4) ema8=ema(ema5, length4) d4=ema7-ema8 zema4=ema7+d4 emabase=zema4-zema3 emaslow=zema3-zema2 emafast=zema2-zema1 emarapid=(zema2-zemaa) * 1.618 emahyper=(zemaa-close) * 1.618 //gemb = emafast > 0 ? ( emaslow * emafast ) + (emarapid - emafast) : ( emaslow * emafast ) //gemb = emaslow > emafast ? emaslow - (emarapid - emafast) : emaslow + (emarapid - emafast) eslow=emaslow ea=(-eslow-emahyper) > 10 ? 10 : ( (-eslow-emahyper) < -10 ? -10 : (-eslow-emahyper)) pa=plot(ea, color=yellow, linewidth=2) eb=-eslow > 10 ? 10 : (-eslow < -10 ? -10 : -eslow) pb=plot(eb, color= #FF4405, linewidth=3) fill(pa, pb, yellow, transp=50) ebb=-emabase > 10 ? 10 : (-emabase < -10 ? -10 : -emabase) pbb=plot(ebb, color= aqua, linewidth=3) ec=-emarapid > 10 ? 10 : (-emarapid < -10 ? -10 : -emarapid) pc=plot(ec, color= #84FFC0, linewidth=1) ed=-emafast > 10 ? 10 : (-emafast < -10 ? -10 : -emafast) pd=plot(ed, color= #18CC3D, linewidth=1) fill(pc, pd, #84FFC0, transp=50) hline(0) hline(10) hline(-10)