MACD/Histogram Divergence ToolThis MACD/Histogram indicator helps me to identify divergences and crosses without much effort.
The MACD line is green during a positive cross, and red during a negative.
My favourite feature is the following: when the histogram changes direction, the histogram bars become yellow, which should help you locate divergences without straining yourself.
Example: Upticking (Green) histogram begins to downtick, turns Yellow. Downticking (Red) histogram begins to uptick, turns Yellow as well.
Hareketli Ortalamanın Yakınsaması / Iraksaması (MACD)
RSI-cumulative net volume as MACDSo here in this model I take the RSI-cumulative net volume and convert it to MACD
I think it look nicer then original but it just idea:)
for different time frame just change setting:)
Volume Weighted MACD + x-SignalingThis is a script I remade from 2 previous TDuser's scripts.
Thanks community for sharing, I hope you find it useful.
φ!
Volume Weighted MACD + CrossingOver SignalsThis is a script I remade from 2 previous TDuser's scripts.
Thanks community for sharing, I hope you find it useful.
φ!
CCI MACDWe usually use closing prices for MACD calculations.
However, this indicator is calculated using CCI.
MG - MACD - Divergence - 1.0The MACD indicator can produce some powerful divergence signals which can be useful confirmation for entering / exiting a trade.
This indicator generates and alert and plots (if enabled), when a divergence is detected. For example, if bullish (above zero) and two bearish MACD crosses are detected with the second being lower than the first, a bearish divergence alert is triggered. Theoretically a good place to take profit / possibly enter a short position if you have further confirmation.
Can also be configured to include continuation signals i.e. a bullish trend with two bullish MACD crosses where the second is higher than the first. This could indicate more bullish action ahead.
In order to illustrate how this indicator helps to sift out a good amount of false signals, I have highlighted in the above image in dark green, all of the divergence buy signals highlighted by the indicator and in light green, the rest of the MACD buy signals.
Multi Color Normalized MACD + Candles (NMACD) [cI8DH]One simple indicator for volatility, divergence and relative momentum
Features:
- Normalized MACD (by slow MA)
- Candle MACD (fast MA length is set to 0 in candle mode, i.e. price minus slow MA)
- Multi color histogram
- Background coloring based on MACD direction
- Choice of different MA types (Exponential, Simple, Weighted, Smoothed, Triple EMA)
- Triple EMA smoothing
Benefits of normalization:
- Absolutely better than RSI for comparing across different periods and assets
Applications and benefits of candle visualization:
- Zero cross: most traders use MAs overlaid on the main chart and look for price distance and MA cross visually. In candle mode, this indicator measures the difference between price and the slow moving MA. When this indicator crosses zero, it means price is crossing the slow moving MA.
- Divergence: full candle visualization (OHLC) is not possible for most other indicators. Candle visualization allows measuring divergence between price high, low and close simultaneously. Some trades incorrectly measure divergence between high, low of price against indicator tops and bottoms while having the indicator input set to default (usually close). With this indicator, you don't need to worry about such complexities.
Recommended setting:
- Enjoy candle mode :)
- Source set to hlc3
Multi color MACD with Triple EMA smoothing [cI:DH]At default settings, this indicator is identical to the built-in MACD.
Features:
- multi-color histogram
- background color change when MACD tops or bottoms
- additional smoothing using Triple EMA
Recommended settings:
- Triple EMA length 10 seem to be a good trade-off between smoothness and responsiveness
Advanced MACDThis is a more advanced version of the standard moving average convergence/divergence indicator (MACD). It allows you to change the type of all moving averages (Simple, Exponential, Weighted, Volume-weighted, Triple EMA or a moving average that uses RSI). By for example setting the period to 3/10/16 and use simple moving averages instead of exponential moving averages you can turn it into the modified version of the MACD oscillator (mMACD) described in detail in Appendix B in the book "The Art and Science of Technical Analysis: Market Structure, Price Action and Trading Strategies" by Adam Grimes.
The indicator also allows you to volume weight the indicator (turned on by default), which will turn it into a Volume-Weighted Moving Average Convergence Divergence (VW-MACD) first used by Buff Pelz Dormeier in 2002 and described in detail in his book "Investing with Volume Analysis: Identify, Follow, and Profit from Trends". If you want to weight the oscillator against the true range instead of volume this is also possible. By default, this will be done automatically for assets that do not support volume.
Better MACD with clearer cross and histogram signalsSimple 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 under settings.
Difusor de Fluxo [André Moraes] - Flow DiffuserPORTUGUÊS
Difusor de Fluxo de André Moraes. É um MACD com mais uma média de longo prazo. Explicação do próprio André Moraes em www.youtube.com
ENGLISH
Flow Diffuser created by André Moraes. It's a MACD with an extra long length average. The author's explanation can be viewed at www.youtube.com
EvaMacD (ver. 3)Eva Chart calculate IIR Filter with Multiple MACD Histogram and estimate the cycle.
This oscillator can find the most powerful frequency. This use 30 MACD histogram lines tuned for filter.
Version3. Fix Bug.
Eva ChartEva Chart calculate IIR Filter with Multiple MACD Histogram and estimate the cycle.
This oscillator can find the most powerful frequency.
Fisher Transform SuperSmoothed MACD // This is a modification of Supersmoothed MACD (created by KIVANC using EHLERS' SUPER SMOOTHER FILTER) and sharpenned with Ehler fisher transform
//all lengths and parameters are completely configurable, tune the length according to your instrument
//give me what you think