DonovanWall

Ultra MACD [DW]

This is a variation of Gerald Appel's MACD with seven moving average source types to choose from.

The MA types I've included in this script are:
- Kaufman's Adaptive Moving Average
- Geometric Moving Average
- Hull Moving Average
- Volume Weighted Moving Average
- Least Squares Moving Average
- Arnaud Legoux Moving Average
- Exponential Moving Average

Custom bar color scheme is included with two different colorization methods - one based on the MACD , and the other based on the histogram.
Versionshinweise: //Updates:

//Altered the list of available moving average types to only include the ones I found to be most effective for this formula.

The available moving average types are now:
-> Exponential Moving Average
-> Double Exponential Moving Average
-> Simple Moving Average
-> Smoothed Moving Average
-> Weighted Moving Average
-> Volume Weighted Moving Average
-> Arnaud Legoux Moving Average
-> Least Squares Moving Average
-> Kaufman's Adaptive Moving Average

The moving average and bar color types can be selected via easy to use dropdown menus.

It's important to note that the default sampling periods may not be equally effective with each moving average type. It is wise to play with the settings and find what works best with what you're analyzing.
Open-source Skript

Ganz im Sinne von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es verstehen und überprüfen können. Ein Hoch auf den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Publikation unterliegt den Hausregeln. Sie können das Skript den Favoriten hinzufügen, um es auf dem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?
For my full list of premium tools, check the blog:
https://wallanalytics.com/

Reach out on Telegram:
https://t.me/DonovanWall

Kommentare

I've incorporated a similar MACD in a bot strat recently. Just checking out as much of your scripts as I can now, loving it all and just wanted to add... I am by far not a fan of HMAs, having rarely gotten good backtesting results with it anywhere, but MACD is one of the few cases I found it being one of the superior choices. I'll have to try the KAMA version too though!
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good
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Great Indicator. note ALMA offset and alpha input not used in calculation.
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DonovanWall obviousHope80911
@obviousHope80911, Thanks for pointing this out. I'm actually surprised this wasn't brought to my attention sooner.
I've been meaning to do a v4 update on this script anyway once I find the time. I'll be sure to include the fix for this in the update.
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Quite a powerful indicator, especially when you overlay it on the main chart. Good job!
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This indicatres best and power full for bignners
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Excellent MACD .... for me the best results have been with the SMMA .... (BTCUSD)
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