It is an extended RVGI with histogram.
This is a correct Aroon Indicator with histogram and center line.
Ported version of the original iTrend.mq4, use it as a trend detector, just check the color of the upper bars in the histogram.
Based on "Bitcoin’s natural long-term power-law corridor of growth" by Harold Christopher Burger
Buying and Selling Smoothed with Histogram Smoothed version with version with a red line representing the selling pressure and a green line which represents the Buying pressure. If the green line is above the red line it would mean that the Buying pressure is more and vice versa. The difference between the two is plotted as a Histogram. This is a cumulative...
Hi everyone! I wrote this indicator for intraday trading and it cannot be use only by itself you need to at least draw some S/R lines to make it useful. It is based at MACD histogram and gives signal when it sees divergence on MACD/RSI/MACD's Histogram (or all at once - settings) when macd's histogram switchs trend. Im using it to playing with a trend most of the...
Hi everyone! I wrote this indicator for intraday trading and it cannot be use only by itself you need to at least draw some S/R lines to make it useful. It is based at MACD histogram and gives signal when it sees divergence on MACD's Histogram when macd's histogram switchs trend. Im using it to playing with a trend most of the time looking. It highlights candles...
I spiced the standard MACD indicator up a bit to make it more visible. When using the MACD: 1. Never go short when the MACD lines are in the negative. 2. Never go long when the MACD lines are in the positive. 3. Always wait for an uptick / downtick on the histogram before you start your trade. The MACD Histogram can also show you Divergence. When the price goes...
This is a simple tool that gives traders a simple visual representation of Volume-Weighted Moving Average ( VWMA ) crossovers that is pretty similar to the MACD . We don't typically trade solely based on the VWMA , but it is definitely one of our go-to tools when combining multiple indicators. When trading with VWMA's, it is common to enter a position when the...
This is combo strategies for get a cumulative signal. Result signal will return 1 if two strategies is long, -1 if all strategies is short and 0 if signals of strategies is not equal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The...
Indicator is designed for 1 hour time-frame and it shows the value of 4 hour MACD histogram
Rainbow Oscillator script. This indicator was developed and described by Dr. Mel Widner (Stocks & Commodities V.15:7: Rainbow Charts).
This way of looking at MACD is taught by TRI
Simple but much needed visual improvements to the default MACD script. First, every time the MACD and signal cross, a white cross is placed on he chart, which lets you quickly identify the crosses. Second, whenever the histogram goes from increasing to decreasing or from increasing to decreasing, a color change occurs. Colors can be customized under "Style" tab...
study(title="EFI", shorttitle="EFI") XLen1 = input(13, minval=1) XLen2 = input(8, minval=1) hline(0, color=gray, linestyle=line) xValue = volume * (close - close ) xSMA1 = ema(xValue, XLen1) xSMA2 = ema(xValue, XLen2) plot(xSMA1, style = columns, color=aqua, title="SlowAvg") plot(xSMA2, color=white, title="FastAvg")