The main idea is to identify a divergence between momentum and price movement. E.g. if the momentum is rising but price is going down - this is what we call a divergence. The divergence will be calculated by comparing the direction of the linear regression curve of the price with the linear regression curve of momentum.
A bearish divergence can be identified by a...
This is only a slight modification to the existing "MACD Strategy" strategy plugin!
found the default MACD strategy to be lacking, although impressive for its simplicity. I added "year>2014" to the IF buy/sell conditions so it will only backtest from 2015 and beyond ** .
I also had a problem with the standard MACD trading late, per se. To that end I modified the...
Here is a combination of the classic MACD (moving average convergence divergence indicator) with the classic slow moving average SMA with period 200 together as a strategy.
This strategy goes long if the MACD histogram and the MACD momentum are both above zero and the fast MACD moving average is above the slow MACD moving average. As additional long filter the...
This is an overlay indicator which uses the classic period settings and signals from the MACD (Moving Average Convergence/Divergence) indicator to overlay a heatmap using all the information the MACD generates with its three periods (12,26,9).
The first two moving averages which the MACD uses (12 and 26) can be plotted on the chart like usual EMAs.
In addition...
Simple change to the standard MACD formula I like to use that slow it down and reduces the amount of false signals while allowing strong/good signals through,
An adaptation of MACD. I added:
- Zero line cross signal
- MACD/Signal line cross signals with arrows
- Max/Min lines threshold
Theoretical foundation is from goo.gl
BUY & SELL PRICE TO VOLUME PRESSURE
By Ricardo M Arjona @XeL_Arjona
DISCLAIMER:
The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets.
The embedded code and ideas within this...
VDUB_BINARY_PRO_3_V2 - FINAL
*stripped out a couple of things from V1 - found it was to noisy
*added Baseline_VX1
*switch period channels around
*zigzag
Optional- set centre band to '34 to run centre line
other indicators to include
MACD_VX1
Stoch_VX3
MACD_VXI..
*Cross over markers
*Directional bgcolor indication
To run in line with the VX family / or stand alone :-
Baseline_VX1
MACD_VX1 (this one)
Stoch_VX3
/Strategy, line up all three, place your bets - Black or Green :)
--- Updated: May 19 2015 ----
Applicable only If you are setting up alerts:
I noticed I have switched the plot names. Histo shd be the MACD and DMACD shd be the Signal.
Replace lines 16 & 17 with these to get the correct names. NOTE that no functionality is affected, just the names.
plot(r, style=columns, color=r>0?green:red, transp=80, title="Dinapoli...
This version of the MACD indicator is 'trawling' (checking) if the MACD histogram and the zero line crossing with the MACD line are both positive or negative. The idea behind this is to show areas with higher or lower risk.
Features:
1. Enable the bar color
2. Enable the background color
3. Change zero line value
FYI:
"The MACD-Histogram is an indicator of an...
![EURUSD: [RS]Price Divergence Detector V2](https://s3.tradingview.com/3/3oeDh0Yq_mid.png "[RS]Price Divergence Detector V2")
![EURUSD: [RS]Price Divergence Detector V1](https://s3.tradingview.com/6/67zRXqoa_mid.png "[RS]Price Divergence Detector V1")
![EURUSD: [RS]Price Divergence Detector V0](https://s3.tradingview.com/b/Btz1Zzzf_mid.png "[RS]Price Divergence Detector V0")
![EURUSD: [RS]MACD Divergence V0](https://s3.tradingview.com/3/3FevzoCJ_mid.png "[RS]MACD Divergence V0")
![BTCUSD: DiNapoli MACD & Stoch [LazyBear]](https://s3.tradingview.com/s/skgtULNh_mid.png "DiNapoli MACD & Stoch [LazyBear]")
