Hello, I made a classic MACD Histogram indicator, with custom alerts and parameters though.
Shapes Green circles : The MACD histogram is reversing, this is a buy (or Long) signal. Red circles : The MACD histogram is reversing, this is a sell (or Short) signal. Green Arrow up : The MACD histogram is enduring a bear fakeout. This is a buy signal. Red Arrow up : The MACD histogram is enduring a bullfakeout. This is a sell signal. Parameters ( INPUTS ) Classic MACD parameters. Sensitivity : (1 = really sensitive to reverals and fakeouts - 5 = much less sensitive) Activate Fakeouts : default is true. Uncheck to deactivate fakeout on chart /!\ will also deactivate fakeout alerts
Alerts (Automated trading alerts : SMS, email, etc.) that you can create : Buy : a buy signal that will trigger on a bull reversal or a bear fakeout. No more than one buy/sell signal in a row (You will not get multiple buy signals or multiple sell signals in a row) Sell : a sell signal that will trigger on a bearreversal or a bullfakeout. No more than one buy/sell signal in a row (You will not get multiple buy signals or multiple sell signals in a row) Buy (Bull Reversal) : a buy signal that will trigger on each bull reversal. Buy (Bear Fakeout) : a buy signal that will trigger on each bear fakeout. Sell (Bear Reversal) : a sell signal that will trigger on each bear reversal. Sell (Bull Fakeout) : a sell signal that will trigger on each bull fakeout.
If you like, leave a comment, thanks! If you find any bug, thanks for telling me!
This is what im finding for, been using hourly chart with MACD histogram, cant find any way to make an alert when the bull is loosing momentum. That's where I take profit and this helps tremendously.
STVN
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This is excellent as I've been thinking about ways to do histogram alerts and here it is. Thanks
jonnyhicks
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Thanks for providing. I've been looking for something like this which is more straightforward and easier to understand. I'm using it in my demo bots to time when to enter and exit leverage tokens.
sfigus
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Cool stuff, thanks!
mdurvad
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Thanks just what i was looking for. Can't wait until Monday 👏
Bextastic
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Wow! Just the tool I was looking for! Amazing!
brocasbrian
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Was very excited for this but it repaints. So not reliable.
@cyatophilum, I've been using it all day and have made money on Litecoin every time. During a crash. So thanks for that. But what I was really after was something I could automate with a bot. Several of the alerts for "buy" and "sell" weren't there when I went and looked. And I've noticed some of the circles will disappear or move.
brocasbrian
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@cyatophilum, On the 1m chart for LTC a sell alert just triggered for the 9:33 candle. But there was no corresponding circle or triangle. Another triggered at 9:35 that did have a triangle. Not sure if you want to know this or not.