Daveatt

Your CRYPTO Screener - MACD 0 LAG edition

Hello traders

What's good?

1 - Quick introduction

This script is to demonstrate a proof-of-concept - showing you again what you thought wasn't possible might become (with some tricks) in the realm of possibles !!!.
I get requests for people who want a custom screener because the native TradingView Stocks/Forex/Crypto screeners don't allow to plug external indicators. (example: https://www.tradingview.com/crypto-screener/

This is entirely true and I have also good news for you, we can hack the system one more time. As Hackerman would say, "IT"S HACKING TIME !!!" (ref : KUNG FURY. (#geek #reference #done #for #today)

What if you could build your own personalized screener based on your custom indicator? "No Dave stop smoking, that's not possible, go back to eating your baguette". Say no more, let me present you my new script called YOUR CRYPTO Screener ( MACD 0 LAG)

2 - What is a MACD ZERO LAG?

We'll all agree this indicator is NOT in the TradingView screeners so I'm not cheating here :)
A MACD ZERO LAG is a MACD that .... suspens.... wait for it.... DOES NOT lag.
The traditional MACD is based on exponential moving averages and as moving averages are lagging, then the MACD is lagging also. I'll spare you all the maths behind the MACD ZERO LAG but in short, this is a way more reactive indicator than the traditional MACD
I shared before the version that I personally use for my own trading : MACD 0 LAG nTREND coloring

3 - Crypto Screener specifications

If I could do a screener as complete as the native one, this would be wonderful but ... we cannot and this is due to technical reasons. To call indicators from different timeframes, I have to use the security function. And we're limited to 40 security calls per indicator.
That explains why I selected 4 crypto assets and 5 timeframes and the MACD zero lag output for each asset/timeframe - which gives a total of 4 * 5 * 2 = 40

You'll be able to select from the interface the 5 timeframes that you want for your screener

In this script, you'll get a :
- BUY whenever the MACD ZERO LAG for your asset/timeframe is green.
- SELL whenever the MACD ZERO LAG for your asset/timeframe is red.


4 - Can you hack it even more?

If you want to add other timeframes or assets, you can either, change the code or add the indicator on another chart.
I made the source code generic enough so that you can update it yourself easily
Example:
Chart 1 will list BTCUSD , ETHUSD , LTCUSD , and XRPUSD in m5/m15/m30/H1/H4 and Chart2 could list BTCUSD , ETHUSD , LTCUSD and XRPUSD in H6/H8/H12/Daily, etc...
Once again the sky (and your computer RAM capacity) is the limit

5 - Can you super hack it even more?

1/ This script is only a proof-of-concept that you can build your own custom screener. Imagine having the Algorithm Builder and being able to connect it in a single click to a custom screener using your own configuration :)
How coooooooooooooooool would that be!!!
This screener version will be available on my website in a few weeks along with all the tools I'm spamming you about since the beginning of July (#shameless #self-advertising)

2/ For a nicer scripter, let's keep in mind that TradingView just enabled Webhooks this week. This will allow my company to offer custom screeners design and hosted on your own website. Those screeners will be for sure nicer than the indicator version

That's it for today and for this week
I won't even touch the laptop this weekend and will enjoy life a bit

Love you all
Dave

____________________________________________________________

Be sure to hit the thumbs up. Building those indicators take a lot of time and likes are always rewarding for me :) (tips are accepted too)

- If you want to suggest some indicators that I can develop and share with the community, please use my personal TRELLO board

- I'm an officially approved PineEditor/LUA/MT4 approved mentor on codementor. You can request a coaching with me if you want and I'll teach you how to build kick-ass indicators and strategies
Jump on a 1 to 1 coaching with me
- You can also hire for a custom dev of your indicator/strategy/bot/chrome extension/python

- if you like my work and wants to buy me some coffee :
- BTC TipJar: 3MKDve7stWTe1io99oFxeQXvP8XB4zCQ8m
- LTC TipJar: MC5oeBAhw9BLqyi65TR3J1Lid8io9uHADw
Aug 23
Phát hành các Ghi chú: - Fixed repainting issues
Gỡ bỏ khỏi Script Ưa thích Thêm vào Script Ưa thích
Thanks. You are a super star.
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Daveatt stockmarketupdate
@stockmarketupdate, Thank you!!!
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Great work bro! Keep it up!
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Top work mate and thanks for sharing. On holiday atm but will try to adopt this for some other indicators (instead macd) or maybe for one symbol and couple indicators. So much we can learn from you with every new post.
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Superb.
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Daveatt syrinxflunki
@syrinxflunki, Thanks sir
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Another fantastic script! This will be good for validating screener criteria.
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Daveatt coininvestor
@coininvestor, it's very basic and is more of a workaround to build your own screener. I personally hope for TradingView to allow their native screener to include signals from custom scripts. This will be way better than this script to be honest :)
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@Daveatt, I hope they will do this in the future. I know they have previously said that they have no plans to add this feature because it will require too much computing power.

Maybe they will eventually create something that is ran client side or that can be paid extra for to make up for the computing power needed.
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This is lovely man, should be working on securities too as long as I change "symbol" declarations?

Thanks a lot!!
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