McClellan Oscillator [CC]The McClellan Oscillator was created by Sherman and Marian McClellan and it is essentially a MACD of the advancing and declining symbols of the day and is best used as a comparison with the biggest stocks such as my example Apple but that is just my opinion. I pulled the symbol names from a Trading View blog so I'm not 100% sure if they are accurate so please let me know if I'm wrong. Buy when the indicator is over 0 and sell when it falls below 0 but keep in mind that these values are for the market itself and not the individual symbol.
This was a special request so let me know if you would like me to publish more scripts or if you want something custom done!
Note: I'm republishing this because the original script couldn't be found in searches so this will fix that.
Macdcrossover
MACD crossover while RSI Oversold/OverboughtThis indicator draws signals on the chart when a Bullish MACD Crossover occurs at the same time RSI is "oversold", and also when Bearish MACD Crossover occurs at the same time RSI is "overbought"
Indicators are drawn on the chart in the following scenarios:
1. Bullish signal
a. MACD bullish crossover occurs on a single bar
b. RSI was below the Oversold threshold (29 by default) within the prior 5 bars
2. Bearish signal
a. MACD bearish crossover occurs on a singnle bar
b. RSI was above the Overbought threshold (71 by default) within the prior 5 bars
ANTS BEAST MODE TRIX+MACD TRIX CROSSThis indicator is both the TRIX + MACD all in one inidicator -- a + sign is displayed whenever the trix crosses
Renko MACDThe goal of this indicator is to plot the MACD, Signal, and Histogram values "as if" the chart is a true price action based Renko chart. It can be used on a time series chart or Renko series chart. The MACD is derived from the raw price action of a time-based chart, where the historic and live price is clustered into Renko bricks. The Renko brick production algorithm is entirely backed by Renko Overlay Ribbon and thoroughly tested.
The algorithm takes into account rapid brick production within a single time candle and adjusts accordingly. The output may vary slightly between different chart time frames for the same indicator settings, but this is due to the lack of price fluctuation visibility that can occur in higher chart time frames. If the brick tick size is low, an appropriate chart interval should be selected that maximizes the amount of price volatility visible to the indicator. A bad setting would be something like a 1 tick EURUSD Renko setting on an H4 or Day chart, there simply is no way to derive the exact and ordered price fluctuations in a single candle, 1 pip at a time. A more appropriate chart time frame would be 1-5 minutes for this selected Renko brick size.
Please find the following video introduction helpful for this indicator and the Renko MACD Trend indicator:
If you are interested in the RSI-RENKO DIVINE Strategy please have a look here:
Contact me in Trading View or telegram for more information and access instructions.
Telegram: t.me
Daily Edge: www.daily-edge.com
Ultimate MACD Super PackFor all MACD appreciators out there, I present my "Ultimate MACD Super Pack" multicator employing PSv4.0. This is one of my first combo oscillators I initially built a very long time ago with my new introduction to Pine Script. With recent improvements to Pine, I felt it was finally time to publish this. The basic list of indicators summarized is, a "quadruple MACD", a rescaled mutation of "Reverse EMA", and also what I would describe as "Moving AVERAGES Convergence/Divergence"(MAsCD) with an 's'. MAsCD doesn't use the standard MACD formula, but another mathemagical method that is inherently MACD like. All of the quadruple MACDs have short/long(fast/slow) periods that accept floating point numbers for ultimate MACD tunability. However, the signal period for MACD #1 will only accept an integer using sma (). The three faster MACDs(#2, #3, and #4) have distinct crossover/under pointers for overbought/oversold conditional states. Just so everybody knows, using 4 MACD histograms simultaneously is not what I had in mind, so there are none included in this multicator. Lastly, an enhanced version Dr . John Ehlers "Reverse EMA" is included, because it has MACD histogram like characteristics, if you haven't noticed. Instead of "Reverse EMA" using an 'alpha' decimal number as originally designed, I simply converted it to a standard period most will comprehend with ease. I also "superized" everything recently using my novel concepts I have recently discovered. All of these complimentary indicators combined, are nicely packaged into one information packed multicator. Now you may understand the title much better and why it is entitled as such. I included the maximum amount of adjustabilty I could summon within my current mind to give the user ultimate control for each indicator as an attempt to create a heavenly MACD experience. My intention is for this to become the "pinnacle" of MACD innovation.
Features List Includes:
Adjustable Transparency
Enable/disable dark background for enhanced visibility
"Source" selection with multiple time frame adjustments for indicators
All indicators shown are enable/disable capable independently
Individual enable/disable capable MACD crossover/under pointers
MACD short/long periods accept floating point numbers, yes it's true!
AND much, much more...
This is not a freely available indicator, FYI. To witness my Pine poetry in action, properly negotiated requests for unlimited access, per indicator, may ONLY be obtained by direct contact with me using TV's "Private Chats" or by "Message" hidden in my member name above. The comments section below is solely just for commenting and other remarks, ideas, compliments, etc... regarding only this indicator, not others. If you do have any questions or comments regarding this indicator, I will consider your inquiries, thoughts, and ideas presented below in the comments section, when time provides it. When my indicators achieve more prevalent use by TV members, I will implement more ideas when they present themselves as worthy additions. As always, "Like" it if you simply just like it with a proper thumbs up, and also return to my scripts list occasionally for additional postings. Have a profitable future everyone!
