OPEN-SOURCE SCRIPT
Güncellendi

5MSM MAHESH 15

It´s just the histogram of the MACD . (Actually it´s not a histogram, I like the Area visualisation more. But you can switch.)
5min stock market property
When I´m using the MACD , I´m just searching for a divergence between Price and the MACD-histogram. I´m not interested in the MACD-signalline or the MACD-line in any way. As you can see, The omission of them leads to better visualisation. It´s much easier to spot a divergence. On the one hand because that way the histogram scales bigger, on the other hand becauce the lines can´t overdraw the histogram.
Rules bullish Divergence: Price makes a lower low, oscillator makes higher low.
Rules bearish Divergence: Price makes a higher high, oscillator makes lower high.
Sürüm Notları
possible reversal coloured in orange.
Sürüm Notları
restricted reversal
Sürüm Notları
RSI OB OS added
Sürüm Notları
hist increased
Sürüm Notları
increased histogram size
Sürüm Notları
hline added for more reference

Feragatname