This is an overlay indicator which uses the classic period settings and signals from the MACD (Moving Average Convergence/Divergence) indicator to overlay a heatmap using all the information the MACD generates with its three periods (12,26,9).
The first two moving averages which the MACD uses (12 and 26) can be plotted on the chart like usual EMAs.
In addition...
Simple change to the standard MACD formula I like to use that slow it down and reduces the amount of false signals while allowing strong/good signals through,
An adaptation of MACD. I added:
- Zero line cross signal
- MACD/Signal line cross signals with arrows
- Max/Min lines threshold
Theoretical foundation is from goo.gl
BUY & SELL PRICE TO VOLUME PRESSURE
By Ricardo M Arjona @XeL_Arjona
DISCLAIMER:
The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets.
The embedded code and ideas within this...
VDUB_BINARY_PRO_3_V2 - FINAL
*stripped out a couple of things from V1 - found it was to noisy
*added Baseline_VX1
*switch period channels around
*zigzag
Optional- set centre band to '34 to run centre line
other indicators to include
MACD_VX1
Stoch_VX3
MACD_VXI..
*Cross over markers
*Directional bgcolor indication
To run in line with the VX family / or stand alone :-
Baseline_VX1
MACD_VX1 (this one)
Stoch_VX3
/Strategy, line up all three, place your bets - Black or Green :)
--- Updated: May 19 2015 ----
Applicable only If you are setting up alerts:
I noticed I have switched the plot names. Histo shd be the MACD and DMACD shd be the Signal.
Replace lines 16 & 17 with these to get the correct names. NOTE that no functionality is affected, just the names.
plot(r, style=columns, color=r>0?green:red, transp=80, title="Dinapoli...
This version of the MACD indicator is 'trawling' (checking) if the MACD histogram and the zero line crossing with the MACD line are both positive or negative. The idea behind this is to show areas with higher or lower risk.
Features:
1. Enable the bar color
2. Enable the background color
3. Change zero line value
FYI:
"The MACD-Histogram is an indicator of an...
Impulse MACD is a modified MACD, formed by filtering out the values in a MA range (region between MAs of high and low), thereby reducing whipsaw typical in a sideways market. This is usually plotted as histogram. This also plots the traditional histogram (MACD - Signal), to help in finding entries/exits.
Use this like a traditional MACD (Zero line crossing or...
Standardised MACD - this uses the MACD indicator, but expressed as a percentage of Close price. This allows for the relative comparison between stocks which have different absolute values. MACD will give a high value to a high priced stock, whereas SMACD will represent stock performance in a standardised format, relative to the closing price of the stock. It...
This will show you the MACD (no Signal Line) of the higher timeframes (up to 4h). Current Timeframe is colored blue, higher timeframes are colored from light gray to darker gray (you can change that).
![EURUSD: [RS]Price Divergence Detector V0](https://s3.tradingview.com/b/Btz1Zzzf_mid.png "[RS]Price Divergence Detector V0")
![EURUSD: [RS]MACD Divergence V0](https://s3.tradingview.com/3/3FevzoCJ_mid.png "[RS]MACD Divergence V0")
![BTCUSD: DiNapoli MACD & Stoch [LazyBear]](https://s3.tradingview.com/s/skgtULNh_mid.png "DiNapoli MACD & Stoch [LazyBear]")
![USDJPY: Impulse MACD [LazyBear]](https://s3.tradingview.com/q/qt6xLfLi_mid.png "Impulse MACD [LazyBear]")
![BTCUSD: Insync Index [LazyBear]](https://s3.tradingview.com/k/klczcNre_mid.png "Insync Index [LazyBear]")