The idea of this indicator comes from Jim Brown's book.
using the "MACD Platinum" and "QQE advanced" and multi-timeframe.
The difference to the original idea is that I use Ichimoku cloud for trend detection.
Multi indication MACD , the macd coloring indicates when the trend is aligned with the indicator direction , the macd signal line measure's market sentiment blue for bearish yellow for bullish , the histogram works off rate of change rather then the cross over and color of the histogram indicates possible bull or bear reversal of trend
This script was built to be used in the future dollar market of B3 (Brazil), however, it could be applied in any market.
The differential of this indicator is that it is a group of indicators, which makes it difficult to fit into the existing categories in TradingView.
In spite of adding several technical indicators, it manages to make the screen very clean, since...
Unfortunately, the fihser transform's formula has specifications that are not compatible with newer versions of pine script (calling mutable variables on security function).
So, I had to separate this section of "Cycle" script to it's own little world and remove the versioning from the script.
That, means that i can't even write the name of the oscillator on the...
Exponential moving averages in red of 4 and 16, exponential moving average of 40 in orange and simple moving average of 200 in yellow to confirm the triple crossing of 4, 16 and 40.
Taken from Lions against gazelles by Jose Luis Carpatos.
Hello traders!
I am reading "Investing with Volume Analysis: Identify, Follow, and Profit from Trends" by Buff Pelz Dormeier so I am going to implement all indicators that are considered there.
VW-MACD was developed by Buff Pelz Dormeier in 2000 and is based on the difference between a short-term volume-weighted moving average and a long-term volume-weighted...
This is a price momentum indicator that is based on Ergodic formula (TSI), but the formula is tweaked and different types of averaging is allowed. by changing the type of average calculation and some predefined values (totally different from what is suggested by now) we get a nasty indicator that can easily be used both for cycle observation side by side with...
Playground file for implementing MACD with threshold values while visualizing the persistence plot, which counts the amount of spent bars since the MACD delta crossed 0 value in either way.
![XBTUSD.P: MACD RVI [Le Soleil]](https://s3.tradingview.com/e/eawEWhMv_mid.png "MACD RVI [Le Soleil]")
