Super 6x: RSI , MACD , Stoch , Loxxer, CCI , & Velocity is a combination of 6 indicators into one histogram. This includes the option to allow repainting.
What is MACD? Moving average convergence divergence ( MACD ) is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD is calculated by subtracting the 26-period exponential moving average ( EMA ) from the 12-period EMA .
What is CCI? The Commodity Channel Index ( CCI ) measures the current price level relative to an average price level over a given period of time. CCI is relatively high when prices are far above their average. CCI is relatively low when prices are far below their average. Using this method, CCI can be used to identify overbought and oversold levels.
What is RSI? The relative strength index is a technical indicator used in the analysis of financial markets. It is intended to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. The indicator should not be confused with relative strength .
What is Stochastic? The stochastic oscillator, also known as stochastic indicator, is a popular trading indicator that is useful for predicting trend reversals. It also focuses on price momentum and can be used to identify overbought and oversold levels in shares, indices, currencies and many other investment assets.
What is Loxxer? The Loxxer indicator is a technical analysis tool that compares the most recent maximum and minimum prices to the previous period's equivalent price to measure the demand of the underlying asset.
What is Velocity? In simple words, velocity is the speed at which something moves in a particular direction. For example as the speed of a car travelling north on a highway, or the speed a rocket travels after launching.
How to use Long signal: All 4 indicators turn green Short signal: All 4 indicators turn red
Is there a reason that the input order doesn't match the plot order? I mean I see that the list of plots in the style tab from top to bottom is inverse to how they are actually displayed (top shape in style tab actually plots at bottom of indicator window), but why do the inputs for each indicator not match where the plots are? I change an input in one indicator and expect it to be reflected in a certain plot, but it's not.
Your plotshape order is dmark, macd, rsi, stoch, cci, vel. It should be dmark, macd, rsi, vel, cci, stoch (or actually, because the shapes in the style tab are the inverse, stoch, cci, vel, rsi, macd, dmark). Would make changing indicator inputs and matching those changes with the color change in the plot much more logical.
KostRoss
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hello, great script, but alerts don't work
rajasulfee
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Thanks Classicscott ...it made my day i am from india probably i tested 100s of indicators i find this gives a precision and a edge among others now i only look upon your indicator which made money on every script i choose ...kudos god bless