Here I show the relationship between the MACD and Z-Score in a indicator called MAC-Z. MACD is short for moving average convergence/divergence and is in it self showing the relationship between two EMA. The Z-Score in contrast is related to Bollinger Bands and in MAC-Z the Z-score is the difference between the current price and a moving average divided by the...
This applies trend strength and jurik's smoothing to a volume weighted price. This converts this to a volume indicator
The "AC-P" version of the Derivative Oscillator is my personal customized version of Constance Brown's Derivative Oscillator (using Everget's implementation of it as the base), with the the following modifications and additions: VWAP Indication - option to show whether the price input option is above or below the Daily VWAP (red triangles = price input is...
Function - Number of digits before and after the decimal point Detect the number of digits in integers and floats, before the decimal and after it. It also works for negative numbers. There are some rounding issues, but the currently maximum supported number can have safely up to 3 digits after the decimal point.
TDI - Calculate strength and market direction by analyzing relative strength - Ribbon mode, according to the TDI conditions - Candlestick same as TDI Ribbon colors - 6 colors to define market strength
MACD - Enhanced MACD - Shows the MACD in a simple way, to facilitate its analysis - Histogram mode and Normal mode - MACD color depends on its values - Candlestick same as MACD colors - Calculate the MACD with EMA or SMA - Allow to use the RSI Source for calculations - Log chart option
For all MACD enthusiasts out there, hot off the press, I present this next generation "Modified Stochastic MACD Oscillator" employing PSv4.0, originally formulated by Vitali Apirine for TASC - November 2019 Traders Tips. Just when you may have thought it was the end of the evolutionary line for MACD technology, it's not! Basically it's a NEW hybridization of a...
The Schaff Trend Cycle is a method, developed by Doug Schaff and based on the concept that trends also have repeating high and low patterns, or cycles. This is a modified MACD line, run through a modified stochastic algorithm and smoothed with Wilders’ smoothing in order to estimate the final Schaff Trend Cycle (STC) indicator. Its purpose is to identify the...
While moving averages are a good way to visualize price action, they are, in general, very poor indicators to trade against. Usually, the lowest prices occur before the cross over of multiple moving averages, while the best profits occur just before the crossunders of the moving averages. This study captures the buy signals before the cross overs and sells just...
This is an upgrade version of the previous indicator of the same name. Added several styling parameters to allow for any theme Upgraded to PineScript v4
This script is a momemtum buy/sell indicator that works very well on sideways markets, particularly trading stablecoins against each other or against fiat. Trading stablecoins is only profitable when your exchange fees are roughly no more then 0.2%, and is one of the best ways to mitigate risk in your portfolio. This indicator also works very well on stocks and...
Calculates the "energy" of the price of a given instrument by confining it into a channel and then modeling the sinusoidal movements that result from the transformation.
Here I have combined Stochastic RSI with my MACD leader. MACD leader and Stochastic RSI works well together and they are powerful in combination with My Recursive Bands. It is up to you to back test this properly before you use it in real life trades. But in my opinion it is very powerful. Because of MACD nature it's a little messy when you turn on the MACD's...
This indicator is of the oscillator type. This indicator offers buy signals to investors. Swing Trading. Daily Timeframe. Este indicador es del tipo oscilador. Este indicador ofrece señales de compra a los inversores.
TRI - The Range Indicator by Jack Weinberg Developed by Jack Weinberg, Range indicator compares intraday range with inter-day range Intraday range is bar’s (high – low) and inter-day range is (Close – Close-1) Author had a strong belief that crossing of intraday range outside the inter-day range is an indication of end of current trend It oscillates between 0...
TRADERALP CHANDLE SIGNAL = If a bar is showing that it is moving in a direction with highs lows and close, all of which are >respectively< moving against the open from the bar before, then it prints indicating buyers or sellers bringing momentum. The arrows and cloud carry into the next bar to give lots of awareness of the micro-term momentum. The cloud represents...