Just publish it again so it's easier to search this indicator. Just inspired from macd 4c. I changed it to blue and green color so it's looks better.
Credit to the great @Zoen Triste for his original script at: I just amend it for the Daily, 4H and other time frames. The main function of the Daily 9EMA (pink line) is to easily distinguish the big trend. It is also for multi time frames dynamic support / resistance when trading using tf lower than Daily, without having to toggle between the time frames....
I like the Dual MACD for detecting moves a bit earlier. I use the standard MACD for actual confirmation.
This indicator was originally developed by Constance (Connie) M. Brown (Journal of Technical Analysis (Winter-Spring 1994, 45-61): "Derivative Oscillator: A New Approach to an Old Problem").
This indicator was originally developed by Doug Schaff in the 1990s (published in 2008).
This strategy is inspired by ChartArt and jasonluk28. The following input changes from the initial ChartArt version to achieve higher stability and profit: Fast MA Len:11 Slow MA len: 24 Stoch Len: 20 No difference is found in minor changes (+-10) lv. of overbought/oversold It works above 40% winning rate in Heng Heng Index, Shanghai Composite, Dow Jones...
The Percentage Price Oscillator (PPO) is a momentum oscillator that measures the difference between two moving averages as a percentage of the larger moving average. As with its cousin, MACD, the Percentage Price Oscillator is shown with a signal line, a histogram and a center line. Signals are generated with signal line crossovers, center line crossovers, and...
Ergotic MACD Strategy forked from HPotter In addition to this fine script you will find some additional features: - Backtester - Alerts - Filters: RSI, MFI, Price trend - Trailing Stop Loss - Other minor adjustments
***Up to 9 MACD's with fixed timeframes*** -Simply enter your MACD settings, and which timeframes you would like to see. -Settings stick regardless of viewing resolution (within reason) -Enter 0 to disable if you want less than 9 MACD's ***Logarithmic option for consistency over long timeframes*** ***Layered histogram, can be disabled, adjusted vertically***
Price EMA's difference is Divided by Slower EMA thus making price values irrelevant and giving EMA's difference in relative (proportional) terms
Convergence Divergence of Logarithms of EMA's
MACD (Moving Average Convergence/Divergence) + Inside Bar so that free users can have two things in same indicator. Script is open for everyone. Check and test the code of Inside Bar and let me know if it is correct. Feel feel to share.