This indicator is identical to regular MACD indicator except it is calculated in log space, which is useful for looking at long-term trends.
This is a modified version of the MACD (Moving Average Convergence/Divergence) oscillator. Instead of using exponential moving averages this modified version make use of simple moving averages. The default periods for this modified version of MACD is 3/10/16. This modified version of the MACD oscillator is described in detailed in Appendix B in the book The Art...
The Ichimoku Kinko Hyo system includes five kinds of signal, of which this strategy uses the most recent of ones i.e. Tenkan Sen / Kijun Sen Cross and price crosses the Kijun Sen. As the Chikou Span, Senkou Span A and Senkou Span B are shifted into the past/future, the trigger signals will be only be used for visual confirmation and not part of the strategy. The...
MACD – Moving Average Convergence Divergence. The MACD is calculated by subtracting a 26-day moving average of a security's price from a 12-day moving average of its price. The result is an indicator that oscillates above and below zero. When the MACD is above zero, it means the 12-day moving average is higher than the 26-day moving average. This is...
This is the basic script that shows MACD as described with settings in the thread www.forexfactory.com
MACD 4C by vkno422 + signal line - squattter
Can anyone help me colour code the oscillator and also an overlay on the chart mirroring the oscillator. If the Oscillator closes above -90 / below - 10 Turns white & Also the Candlestick If the Oscillator then closes between the -30/-70 within only the next bar to turn BLUE within the Oscillator/ Candlestick! Thanks it's pretty basic but new to coding!!
Updates to xSilas Godmode Oscillator published December 19th, 2014 Thanks to LEGION, LAZYBEAR, Ni6HTH4wK, xSilas Updates: Changed default sources to include BITSTAMP and REMOVED BTC-e Changed default lengths for SCALPING SUPREMACY - See Instructions Changed "Caution dots" to RED because YELLOW was hard to see. I mostly Ignore the oscillators and only...
www.tradingview.com Like many other indicators this tells the past and it will dutifully follow the future price changes whatever they will be. This is an upgrade of the "Hull Moving Average Convergence/Divergence" low lag indicator in my scripts. Added Elder Force Index (background colors) to include effects of Volume. When EFI goes positive the background...
EXPERIMENTAL calculates, price change * volume over a specific time window. It reflects trend, momentum and volume participation. It can be used to find divergences.
Quickly Identify Trends with the Elder Impulse Indicator. Pretty much the same as , but written from scratch to be simpler to use and the source code easier to read (no offense, LazyBear) For more info, see stockcharts.com
Created by request. Description: This study is an implementation of the Standard TRIX indicator (a momentum oscillator), shown in coloured histogram format by default, with optional Bar colouring of TRIX zero cross overs. Other options include showing TRIX as a line graph instead of histogram and an optional TRIX signal line with difference histogram (to...
Simply input the vales of the high, low and closing price of the previous period to calculate the Woodie pivot point and the associated resistance and support levels for the present period.
Fibonacci Commodity Strength Value tells us about the strength and weakness of bull or bear market. The main focus in this is too be done at reversal. It can also be used for identifying fake ups/downs. If all the 4 lines moves upward after a huge up spike, then notice the values of all 4 values. If red fib is smaller than green fib then it is a fake trend. If...