This is simply a slightly stylised MACD with a focus on the histogram.
The 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...
This way of looking at MACD is taught by TRI
MACD indicator to help identify structure by plotting the line
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...
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
This 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...
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...
PORTUGUÊS 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
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.
// 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
Standard MACD with signal and histogram MACD and signal crossovers are marked with up/down triangles Signal is colored based on its direction, can be turned to a single color Histograms can be green, red and yellow based on their side and direction Histograms can be switch to be green when positive and red when negative
This MACD indicator colors the MACD and signal lines according to the direction they are moving. - Eliminates the histogram from the traditional MACD indicator. - Uses a histogram for the MACD line. - Includes Bollinger Bands for the MACD line to help detect squeezes