BOSS Zero-Lag Dynamic MACD

THE BEST FOREX, BINARY OPTIONS, AND CRYPTO INDICATORS FOR TRADINGVIEW.COM

Our MACD is a Zero-Lag (well near zero-lag) We make this claim because MACD utilizes Moving Averages and as you know moving averages are lagging indicators.


For our MACD we utilize The McGinley Dynamic which looks like a moving average line yet it is a smoothing mechanism for prices that turns out to track far better than any moving average.

The McGinley Dynamic minimizes price separation, price whipsaws and hugs prices much more closely.

The McGinley Dynamic does this automatically as this is a factor of the formula.

Because of the calculation, the Dynamic Line speeds up in down markets as it follows prices yet moves more slowly in up markets.

As traders we want to be quick to sell in a down market, yet ride an up market as long as possible.

Source: Investopedia.com

Chart Image shows conventional MACD on Bottom and BOSS Zero-Lag Dynamic MACD on top

Available at: bosscripts.com/

Versionshinweise:

Updated MACD Background

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Added alerts for Bullish crossover and Bearish crossover

Green Circles= Bullish Crossover

Red Circles= Bearish Crossover

Versionshinweise:

Added alerts for Bullish crossover and Bearish crossover

Green Circles= Bullish Crossover

Red Circles= Bearish Crossover

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Updated Bullish/Bearish Background

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Added Candle color to correlate with bullish and bearish MACD crossovers.

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color adjustments

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Input