Divergence Indicator Multi [TradingFinder] MACD AO RSI DIV Chart🔵 Introduction
🟣 What is Divergence in Financial Markets?
Divergence in technical analysis happens when the price of a stock moves in a direction opposite to certain indicators. This is a crucial concept in financial markets as it can signal either a trend reversal or a continuation of the current correction in the trend. Understanding divergence helps traders and analysts make more informed decisions.
🟣 Positive Regular Divergence (RD+)
A positive regular divergence occurs at the end of a downtrend, where two price lows form. This divergence appears when the price chart shows a new low, but the indicator does not follow, signaling potential buying opportunities.
Positive divergence indicates increased buying pressure and reduced selling pressure, making it a useful signal for forecasting price increases.
🟣 Negative Regular Divergence (RD-)
A negative regular divergence is seen during an uptrend when two price highs form. The price chart records a new high, but the indicator does not reflect this change, suggesting that a market downturn is likely.
This type of divergence shows strong selling pressure and weaker buying activity, which can help identify selling opportunities.
Both positive and negative divergences are powerful tools for identifying potential trend reversals and key support and resistance levels. For example, when an indicator trends upward while the price moves downward, this creates divergence, warning traders to reconsider their investment strategy.
🟣 Different Types of Divergence in Trading
1. Regular Divergence :
o Positive Regular Divergence (RD+)
o Negative Regular Divergence (RD-)
2. Hidden Divergence :
o Positive Hidden Divergence (HD+)
o Negative Hidden Divergence (HD-)
3.Time Divergence.
Note : This guide focuses specifically on Regular Divergence.
🟣 What is Regular Divergence?
Regular Divergence, often referred to as convergence, occurs when price action and indicators show conflicting patterns, usually signaling the end of a trend. Detecting regular divergence helps traders anticipate potential trend reversals or the formation of reversal patterns.
🔵 How to Use
To optimize the detection of divergence, you can adjust the Fractal Period to specify the length of time for identifying divergence patterns.
Additionally, with the Divergence Detection Method, you can select oscillators like the MACD, RSI, or AO to base divergence detection on.
Divergence in MACD :
MACD divergence occurs when the price chart forms an opposite pattern compared to the MACD line, indicating a potential price reversal.
Divergence in RSI :
In a downtrend, if the price chart forms two consecutive lows with the second lower than the first, but the RSI shows two lows with the second higher, this indicates positive regular divergence, which is a buy signal.
On the other hand, during an uptrend, if the price forms two highs with the second higher than the first, but the RSI shows the second high lower, this points to negative regular divergence, indicating a sell signal.
Divergence in AO (Awesome Oscillator) :
The AO indicator calculates histograms using the difference between 5-period and 34-period simple moving averages. It compares peaks and troughs of these histograms with price movements, detecting divergence and plotting lines and arrows to signal divergence.
🔵 Table
The following table breaks down the main features of the oscillator. It covers four critical categories: Exist, Consecutive, Divergence Quality, and Change Phase Indicator.
Exist : If divergence is detected, a "+" will appear in this row.
Consecutive: Shows the number of consecutive divergences that have formed in a short period.
Divergence Quality : Evaluates the quality of the divergence based on the number of occurrences. One is labeled "Normal," two are "Good," and three or more are considered "Strong."
Change Phase Indicator : If a phase change is detected between two oscillation peaks, this is marked in the table.
Macddivergence
Divergence Scaner 3D Dynamic_tHello MY friend
divergence scanner 3D dynamic
It is a dynamic 3D scanner for identifying positive and negative divergences in 10 indicators.
This indicator can identify the types of Regular_Hidden_Exaggerated divergences for bullish and bearish states in the following indicators.
(MACD_L, MACD_H, RSI, Stochastic, Volume, CCI, MFI, Momentum, OBV, ADX)
This indicator is able to identify the mentioned divergences in the desired price source and in the desired settings for each indicator.
This can be done in up to 3 scans with different sensitivities at the same time. Therefore, the chances of identifying different price points are increased.
Also, the price point for each scan is determined and drawn separately.
This is a dynamic indicator.
That is, the divergence is not misdiagnosed at any moment, and it expresses the presence or absence of divergence for each indicator, and at the first moment of divergence in each sweep, it informs the user of its existence. And if the divergence disappears at the first instant, the label text is corrected.
That is why we say it is dynamic.
This indicator can calculate and identify the divergence with the percentage of allowed deviation both in the price and in the indicator if the user needs.
This indicator has an alert function to inform about the formation of divergence in one scan with desired settings for all divergence modes and for all 10 indicators.
This indicator can label the last 5 divergences for positive and negative divergences and for all three scans. Also display the Fibonacci level for the last divergence.
According to your needs, you can activate only a number of scans that you want or activate only a number of indicators that you want.
The logic of calculation and identification of divergence in the indicator:
As you know, divergences are more valid if they occur between two consecutive peaks and valleys.
In this indicator, three scans are considered, and the user can identify tiny and small pivots according to his needs and strategy by entering different degrees of sensitivity for each scan.
The indicator identifies the desired divergences for 2 consecutive valleys and 2 consecutive peaks in each scan separately and displays them to the user.
Important note:
This indicator is not limited to identifying the indicator points only in line with the price points, that is, the price points and the indicator may not be in the same line.
The higher the sensitivity of your scan, the smaller waves will be detected, and the lower the selection number, the larger waves will be detected.
By enabling pints you can see detected pivots and also by enabling Fibonacci you can see the value of the Fibonacci number for the last detected divergence.
You can see the deviations with the allowed deviation rate if needed and You can also get midpoint error and midline error.(More details are given in the clip.)
This indicator can be customized according to your needs and will identify the divergences of your choice for active scans.
For better display in label printing, the indicator tries to print the output of all active scans in one label, provided that the label printing location is the same.
Note that divergence label printing is done only with the lowest and highest price.
However, drawing the divergence line and printing the point labels depends on the price source you select in each scan.
You can see the scan number written in front of the marker name on the printed label to identify which scan this divergence is for.
Also, before the name of the indicator, an abbreviation related to the type of divergence is also written so that you can understand the type of divergence. For example, H stands for HD divergence.
It is better to consider a color for each scan so that it remains easily in your mind and you can easily recognize the points of each scan.
It is better to adjust the detection sensitivity in scans so that small and large spots are detected simultaneously to increase the performance of the marker.
last word :
Due to the capability of three simultaneous scans as well as dynamics at any moment, we think that the error in detecting the divergence in this indicator is below 1% and also the error in finding the divergence is below 3%. Also, the chances of identifying different price points are increased.
This can be said. It is a very good implementation. You can experience it in back test and forward test.
I tried to show you the full explanation with details in the form of a few clips. You can refer to my YouTube channel for a better introduction of the indicator and to know how to set the settings correctly.
Be careful to experience better execution speed ,Run the indicator when the market is open.
thank you
Bonsai OS (Oscillators)Bonsai OS combines four oscillators (RSI, CCI, Stochastic, MACD) in one interface. Features divergence detection, color-intensity, and insights into divergences. Assists traders in spotting potential pivot points.
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🌳 Bonsai OS 🌳 Advanced Oscillator Suite
📘 Overview
Bonsai OS is a tool tailored for traders focusing on reversal strategies and those keen on identifying market divergences. Combining multiple oscillators into one unified interface, it aids traders in pinpointing potential pivot reversal points.
📌 Algorithm Logic
• Multi-Oscillator Integration: Bonsai OS calculates and integrates the values from four standard oscillators: RSI, CCI, Stochastic, and MACD. Each oscillator's value is derived from its respective mathematical formula, analyzing historical data points.
• Divergence Detection: The tool runs a series of comparisons between price action and oscillator values. When discrepancies (divergences) are observed, they are highlighted, suggesting potential market reversals.
• Price Strength Visualization: A gradient background that is determined by an average of the oscillator values in relation to their historical norms, thereby providing a visual cue about the current price strength, whether it is strong or weak.
• Alerts: Users can set up notifications based on specific divergence insights. Once set criteria are met, alerts are triggered.
🎯 Purpose
• For Professionals: Bonsai OS offers integrated oscillator readings, allowing a more in-depth market analysis.
• For Beginners: Simplified readings and visual cues make it easier for newcomers to understand oscillator indicators and market conditions.
🛠 Distinctive Elements
• Oscillator Fusion: Bonsai OS goes beyond just grouping oscillators. It looks for matching divergences across them, aiming to find stronger signals for market reversals.
• Divergence Indicators: Bonsai OS identifies divergence patterns between price trends and oscillator readings, highlighting their intensity with color variations.
• Insight into Failed Divergences: Recognizing not all divergences lead to reversals, Bonsai OS provides markers for potential false signals, helping traders exercise caution and fine-tune their strategies.
Getting Bullish/Bearish and Divergences
📊 Features
• Data Source Customization: Users have the flexibility to choose between default data inputs or adjust to their preferred price points (like High & Low).
• Combined Divergence Signals: Beyond individual oscillator divergences, Bonsai OS identifies instances when several oscillators indicate divergence at the same time.
• Adaptable Outputs: Outputs like 'Bullish Divergence ▲', 'Getting Bullish ▲', 'Getting Bearish ▼' and 'Bearish Divergence ▼' are plotted as non-displayable 1 or 0 for seamless integration into other custom indicators, ensuring a harmonious integration.
Here's an example of a custom indicator that can be used for inputting data from external sources:
//@version=5
indicator("My Script Template", overlay = true)
group_name = "External Source"
external = input.source(title = "Source", defval = close, inline = "external", group = group_name)
val = input.int(title = ">", defval = 0, inline = "external", group = group_name)
// Your logic follows here...
Bonsai OS as External Source
🎛 How To Use Bonsai OS
1. Select the desired oscillator.
2. Monitor the color changes for market condition insights.
3. Look out for divergence markers to anticipate potential market shifts.
4. If required, set up alerts for real-time updates.
Indicator Settings Menu
📜 Feedback & Continual Development
We welcome your feedback. It's essential for the continuous improvement of Bonsai OS and to better serve the TradingView community.
❗️ Disclaimer
Trading involves risks. Bonsai OS aims to provide an analytical tool to support traders, but it's essential to complement its insights with other research. Always seek advice from financial professionals and trade responsibly.
Double MACD Pattern 1.0This script is designed to assist traders in identifying potential trading signals and trends based on the MACD indicator. Users can adjust the input parameters to fine-tune the indicator to their trading preferences. When specific conditions are met, alerts are generated to notify the user of potential trading opportunities.
Indicator Description:
The script defines a custom indicator that calculates and plots two sets of Moving Average Convergence Divergence (MACD) lines along with their signal lines.
It allows users to configure various parameters for MACD calculation, such as fast and slow lengths for both MACD 1 and MACD 2, as well as signal lengths for both.
Plotting:
The script plots the MACD lines and signal lines for both MACD 1 and MACD 2 on the chart with different colors and line styles.
It also plots a middle line at zero for reference.
Alerts:
The script defines conditions for generating alerts based on MACD crossover and crossunder events for both MACD 1 and MACD 2.
Alerts are generated for the following scenarios:
A long signal is generated when MACD 1 crosses under its signal line while MACD 2 crosses over its signal line.
A short signal is generated when MACD 1 crosses over its signal line while MACD 2 crosses under its signal line.
An up trend signal is generated when MACD 2 crosses over MACD 1.
A down trend signal is generated when MACD 1 crosses over MACD 2.
Alerts are included in the script to notify users of these specific trading signals.
Please note that this script is meant for educational purposes and should be used cautiously in a real trading environment. It's important to have a thorough understanding of technical analysis and risk management when using such indicators in actual trading.
Velocity Acceleration Convergence Divergence Indicator [CC]I created the Velocity Acceleration Convergence Divergence Indicator, and it is quite a mouthful if I do say so. I based this script on my two previous scripts: Velocity Indicator and Velocity Acceleration Indicator . This acts like a typical MACD but is much faster with the responses. This indicator is created by finding the difference between the Velocity Indicator and Velocity Acceleration Indicator to determine the overall trend strength of the underlying stock. Like the other scripts, I coded the general buy and sell signals the same, so you would want to buy when the indicator crosses over above the zero midline and sell when it crosses below the zero midline. I have also used the same colors, so darker colors for strong signals and lighter colors for normal signals.
Please let me know if you would like me to publish another script or if you want something custom done!
Adaptive MACD [LuxAlgo]The Adaptive MACD indicator is an adaptive version of the popular Moving Average Convergence Divergence (MACD) oscillator, returning longer-term variations during trending markets and cyclic variations during ranging markets while filtering out noisy variations.
🔶 USAGE
The proposed oscillator contains all the elements within a regular MACD, such as a signal line and histogram. A MACD value above 0 would indicate up-trending variations, while a value under 0 would be indicating down-trending variations.
Just like most oscillators, our proposed Adaptive MACD is able to return divergences with the price.
As we can see in the image above ranging markets will make the Adaptive MACD more conservative toward more cyclical conservations, filtering out both noise and longer-term variations. However, when longer-term variations (such as in a trending market) are prominent the oscillator will conserve longer-term variations.
The R2 Period setting determines when trending/ranging markets are detected, with higher values returning indications for longer intervals.
The fast and slow settings will act similarly to the regular MACD, however, closer values will return more cyclical outputs.
The image above compares our proposed MACD (top) with a regular MACD (bottom), both using fast = 19 and slow = 20 .
🔶 DETAILS
It is common to be solely interested in the trend component when the market is trending, however, during a ranging market it is more common to observe a more prominent cyclical/noise component. We want to be able to preserve one of the components at the appropriate market conditions, however, the regular MACD lack the ability to preserve cyclical component with high accuracy.
The MACD is an IIR bandpass filter. In order to obtain a lower passband bandwidth and a more symmetrical magnitude response (which would allow to conserve more precise cyclical variations) we can directly change the system calculation:
y = (price - price ) × g + ((1 - a1) + (1 - a2)) × y - (1 - a1) × (1 - a2) × y
where:
a1 = 2/(fast + 1)
a2 = 2/(slow + 1)
g = a1 - a2
Using division instead of multiplication on the second feedback weight allows further weighting the 2 samples lagged output, returning a more desirable magnitude response with a higher degree of filtering on both ends of the spectrum as shown in the image below:
We are interested in conserving cycles during ranging markets, and longer-term variations during trending markets, we can do this by interpolating between our two filter coefficients:
α × + (1 - α) ×
where 1 > α > 0 . α is measuring if the market is trending or ranging, with values closer to 1 indicating a trending market. We see that for higher values of α the original coefficient of the MACD is used. The image below shows various magnitude responses given multiple values of α :
We use a rolling R-Squared as α , this measurement has the benefit of indicating if the market is trending or ranging, as well as being constrained within range (0, 1), and having a U-shaped distribution.
If you are interested to learn more about the MACD see:
🔶 SETTINGS
R2 Period: Calculation window of the R-Squared.
Fast: Fast period for the calculation of the Adaptive MACD, lower values will return more noisy results.
Slow: Slow period for the calculation of the Adaptive MACD, higher values will return result with longer-term conserved variations.
Signal: Period of the EMA applied to the Adaptive MACD.
Jerry J8 MACD Optimal Entry Zone---- STRATEGY
This MACD indicator includes an optimal entry zone for entering your trades and works with any symbol in any time frame. The optimal entry zone is defined by user controlled inputs for up to 10 symbols and is pre-loaded with the SPY, IWM, QQQ, NDX, and TESLA for the 3 minute time frame. Additionally, you can add up to 5 more symbols and adjust the optimal entry zones for each signal.
The optimal entry zone is the range above and below the MACD zero line where the highest probability trades can be entered. Too far above or below the zero line and the move is more likely to be exhausted or premature. This is not an exact science and you will want to set the zone for each symbol on the chart time frame you trade.
The reason this indicator is so helpful is because the optimal entry zone changes for every symbol and for every time frame and this indicator automatically shows these zones for up to 10 stock symbols.
---- SETUP & HINTS
There are times when the MACD may be outside of the optimal range but due to other factors (for example, high volume or market moving news) I would choose to enter a trade.
Indicators are not a magic pill and should be used to support trading decisions, not to make them for you. Past performance is not a guarantee of future returns. The results of individual stocks/indexes with any strategy do not constitute proof they will repeat in the future.
DISCLAIMER: The information contained in our scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. Trading and investing in the stock market and cryptocurrencies involves substantial risk of loss and is not suitable for every investor. I’m NOT a financial adviser. All trading strategies are used at your own risk.
Please use the AUTHOR’s INSTRUCTIONS link below for more information.
Limited MACDwhat is "Limited MACD"?
it is macd but it has some useful additional features.
what it does?
it takes limited values ??just like rsi. The highest value it can take is 100 and the lowest value is -100. this way it gets the same highs and lows for different symbols and time slots. which means we can set overbought and oversold values ??with it. he also paints candles according to their values. The closer the price is to the oversold values, the more red, and the closer to the overbought values, the greener.
how it does it?
macd values ??are limited by dividing by extreme values. The macd value is used as the variable for the color.rgb function, this is used to get a different color for each macd value.
how to use it?
The variables in the settings section are the same as standard macd.
Use the colors to identify overbought and oversold zones and to predict possible price reversal points. also the indicator will mark possible turning points. other than that, its use is similar to standard macd and its limits are up to your imagination.
four hour:
one hour:
five minute:
Strength of Divergence Across Multiple IndicatorsOverview:
One-stop shop for all your divergence needs, including:
(1) A single metric for divergence strength across multiple indicators.
(2) Labels that make it easy to spot where the truly strong divergence is by showing the overall divergence strength value along with the number of divergent indicators. Hovering over the label shows a breakdown of each divergent indicator and its individual divergence strength value.
(3) Fully customizable, including inputs for pivot lengths, divergence types, and weights for every component of the divergence strength calculation. This allows you to quickly and easily optimize the output for any chart. Don't worry, the default settings will have you covered if you're not interested in what's going on under the hood.
The Divergence Strength Calculation:
The total divergence strength value is the sum of the divergence strengths of all indicators for which divergence was detected at a given bar. Each indicator's individual divergence strength is comprised of two basic components: (1) |ΔPrice| - the magnitude of the change in price over the divergence period (pivot-to-pivot), and (2) |ΔIndicator| - the magnitude of the change in indicator value over the divergence period.
Because different indicators' scales and volatility can vary greatly, the Δ values are expressed in terms of standard deviation to ensure that the values are meaningful and equitable across all indicators and assets/instruments/currency pairs, etc:
|ΔIndicator| = |indicator_value_1 - indicator_value_2| / 2 * StDev(indicator_series,100)
Calculation Weights:
All components of the calculation are weighted and can be modified on the Inputs page in settings (weights are simply multipliers). For example, if you think hidden divergence should carry less weight than regular divergence, you can assign it a lesser weight. Or if you think RSI divergence is worth more than OBV divergence, you can adjust their weights accordingly. List of weights:
Regular divergence weight - default = 1
Hidden divergence weight - default = 1
ΔPrice weight - default = 0.5 (multiplied by the ΔPrice component)
ΔIndicator weight - default = 1.5 (multiplied by the ΔIndicator component)
RSI weight - default = 1.1
OBV weight - default = 0.8
MACD weight - default = 0.9
STOCH weight - default = 0.9
Development for additional indicators is ongoing, as is research into the optimal weight configuration(s).
Other Inputs:
Pivot lengths - specify the number of bars before and after each pivot high/low to consider it a valid candidate for divergence.
Lookback bars and Lookback pivots - specify the number of bars or the number of pivots to look back across.
Price sources - specify separate price sources for bullish and bearish divergence
Display settings - specify how lines and labels should display, including which divergence strength values should show the largest labels. Include/exclude specific divergence types and indicators.
Please report any bugs, or let me know if you have any enhancement suggestions or requests for additional indicators.
@reees
Divergence MACD Sign/Alert [MsF]MACD divergence sign & alert notification.
With this router, you can choose which further indicators you want to see divergence in MACD.
In addition, in order to improve visibility, the sub-window is designed to display only the selected index and diversity.
Lookback Bars: When detecting divergence, you can set how many bars to look back in the past.
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MACDダイバージェンスのサイン＆アラートインジケータです。
このインジケータでは、MACDの中でさらにどの指標のダイバージェンスを見るか選択できます。"MACD"、"Signal"、"ヒストグラム"の3つから選べます。
なお、サブウィンドウには可視性向上のため、選択した指標とダイバージェンスのみを表示する仕様としています。
■設定について
Lookback Bars：ダイバージェンス検出する場合に、何個のバーを過去にさかのぼるか設定できます。
Leading MACD (Expo)Leading MACD (Expo) is designed to anticipate future price action, enabling traders to predict market movements ahead of time. The idea of a leading indicator is that traders can get in before the price move happens and ride the entire trend.
█ Moving average convergence divergence (MACD) is considered one of the most effective momentum and trend-following oscillators. However, the MACD is based on historical price action, making it a lagging indicator. A lagging indicator usually provides signals or insight once the price movement has passed or is in progress. That is why lagging indicators often are used to confirm a price trend or a move. On the other hand, the MACD histogram is more of a leading feature that can act as a sign of future trend changes.
█ The Leading MACD indicator takes all advantages of the traditional MACD and converts it into a fast-moving and leading oscillator that provides real-time insights about potential future price moves. As a result, it gives traders time to analyze a possible upcoming price move before it happens and be prepared for what's coming. However, the leading MACD should be combined with other forms of technical analysis to confirm potential entries and exits.
█ Leading vs. Lagging MACD
The leading MACD looks ahead and helps traders prepare for potential price moves. The traditional (lagging) MACD confirms price action that already has happened. A leading indicator reacts quicker to price changes, while a lagging indicator reacts slower. The different types of MACD have their own advantages and drawbacks, so make sure you understand the leading MACD and see if it fits in with your trading strategy.
█ HOW TO USE
Use the Leading MACD to get insights about potential price changes ahead of time. Get insights about whether a bullish or bearish move is strengthening or weakening. Other common ways are looking for divergences, finding trends, and measuring current momentum.
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Disclaimer
Copyright by Zeiierman.
The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
[BTCover]MACD Histogram Up and Down's EnergyWelcome to BTCover's Pine Script in Tradingview.
Today we show you a MACD's script. If you want to find the divergence of the MACD histogram, You can use this script to check the MACD histogram's Energy clear and quick.
if you have more idea, welcome to comment or pm. Enjoy it.
MACD Volume S2 By Gammaprod>> How to use this indicator :
1. Set your teadingview theme to dark theme.
2. My indicator is valid for forex, stock and but more valid for crypto.
3. Use three timeframe for more validation (choose between those, that fit to your trading style) :
- Timeframe 1m, 5m, and 15m for Scalping
- Timeframe 30m, 1h and 4h for Intraday
- Timeframe 4h, 1D and 1W for Swing Trading
4 . Always use THREE INDICATORS FROM GAMMAPROD, those three indicators is back to back each other, by the way, I only made those three indicators only (for now) :
- Trendlines Boll Ichi Crypto by Gammaprod
- Stoch RSI Divs Zone Crypto by Gammaprod
- MACD Volume Crypto by Gammaprod
>> How to setting :
1. Trendlines Boll Ichi Crypto by Gammaprod
A. Support and Resistence
- Well if you familiar with this indicator you can add it, but recommended for Timeframe 30m or more
B. Trendlines Primary or Trendlines Secondary
- Timeframe 1m you DON'T NEED Trendlines Primary or Trendlines Secondary
- Timeframe 5m you DON'T NEED Trendlines Secondary, but you CAN ADD Trendlines Primary if you fell it helpful (for me, it is helpful to find where the candles start or the end trend or a consolidation or where the candles will surpass a resistance or a support).
- Timeframe 15m you DON'T NEED Trendlines Secondary, DEFENITELY add Trendlines Primary it will help to find where the candles stop or a consolidation or where the candles will surpass a resistance or a support).
- Timeframe 30m or more, DEFENITELY NEED BOTH Trendlines Primary and Secondary Trendlines, it will help to find where the candle stop or consolidation or where the candle will surpass a resistance or support).
C. Bolinger, Ichimoku Cloud and Lagging Span
- Please DON'T CHANGE IT at all, it's really helpful to know when and where to make an entry decesion or a trend or a consolidation, if you don't understand how to read it, you better to learn it first (on "how to read" section and "How to OPEN position" the section below)
2. Stoch RSI Divs Zone Crypto by Gammaprod (DON'T CHANGE IT)
3. MACD Volume Crypto by Gammaprod (DON'T CHANGE IT)
>> How to read :
1. Sell or Buy Priority :
A. Buy Priority
- Color background on macd and stoch rsi is pink or purple sell is the priority, (if you're not sure to buy, just wait until the best moment to sell)
B. Buy Priority
- Color background on macd and stoch rsi Teal or light green buy is the priority, (if you're not sure to sell, just wait until the best moment to buy)
C. Indecision / Golden Moment
- Color background on stoch rsi yellow is indecision / golden moment of reversal pattern (wait until it formed background only on Stoch RSI), please becareful at this moment.
2. Trend / Consolidation :
A. BULLISH trend
- When Stoch RSI and MACD have teal or light green background that's means BULLISH trend, better to confirm by the candle is above green cloud and lagging span (red line) is also above the candle.
B. BEARISH trend
- When Stoch RSI and MACD have the Pink or purple background that's means BEARISH trend, better to confirm by the candle is above purple cloud and lagging span (red line) is also below the candle.
C. CONSOLIDATION
- When Stoch RSI have the mix background that's means CONSOLIDATION, better to confirm by the candle is in or near to green / purple cloud and lagging span (red line) is also on the candle.
3. Special Mark
A. Ideal Bullish :
- Near line 20 and green / teal background = When Stoch RSI have the char R / H on lime color label, that's means divergence or hidden divergence for buy position, if you not see this label that's means just a standard confirmation for buy
B. Not an Ideal Bullish :
- Near line 80 and green / teal background = if this happens make sure you know what happen, it could be a false signal or bullish continual pattern
C. Ideal Bearish :
- Near line 80 and pink / purple background = When Stoch RSI have the char R / H on lime color label, that's means divergence or hidden divergence for buy position, if you not see this label that's means just a standard confirmation for sell position.
D. Not an Ideal Bearish:
- Near line 20 and pink / purple background = if this happens make sure you know what happen, it could be a false signal or bearish continual pattern
E. The Beginning of Reversal (from BEARISH to BULLISH) :
- When Stoch RSI line shaping GREEN position is near 20.
- MACD lines still PINK, position lines is UNDER the HISTOGRAM, but the HISTOGRAM start to SHAPE FALL PINK (light pink) and the BACKGROUND still PINK / PURPLE.
- Position CANDLES NEAR BLUE line, NEAR PURPLE CLOUD, and lagging span (red line) STILL ON the area candle. (it used to be confirmed with the golden moment).
F. The Beginning of Reversal (from BULLISH to BEARISH) :
- When Stoch RSI line shaping PINK position is near 80.
- MACD lines still GREEN, position lines is ABOVE the HISTOGRAM, but the HISTOGRAM start to SHAPE FALL GREEN (light green) and the BACKGROUND still TEAL / GREEN.
- Position CANDLES NEAR WHITE line, NEAR TEAL CLOUD, and lagging span (red line) STILL ON the area candle. (it used to be confirmed with the golden moment).
G. False Signals, or It could be a Golden Moment (better to see it on TF 15 or bigger):
- Near line 20 or 80 and yellow background = When Stoch RSI have the char R / H on color label, that's means divergence or hidden divergence for buy / sell position, if you not see this label that's means just a standard confirmation for buy / sell depends on where the Stoch RSI line if near 20 that's means buy, near 80 means sell
>> How to OPEN position:
A. Bullish
1. Trendlines Boll Ichi Crypto by Gammaprod
- The candles above the green cloud.
- Lagging span (red line) above the candles.
- then open buy near yellow line (the first option) / blue line (the second option) (always confirm the position with two other indicators below).
2. Stoch RSI Divs Zone Crypto by Gammaprod
- Teal or Green background.
- The lines is shaping green.
- Better if on the bottom (at a range 20).
3. MACD Volume Crypto by Gammaprod
- Teal or Green background.
- The lines is shaped or shaping green.
- Better if at the green histogram.
B. Bearish
1. Trendlines Boll Ichi Crypto by Gammaprod
- The candles below the purple cloud.
- Lagging span (red line) below the candles.
- then open buy near yellow line (the first option) / white line (the second option) (always confirm the position with two other indicators below).
2. Stoch RSI Divs Zone Crypto by Gammaprod
- Pink or purple background.
- The lines are shaping pink.
- Better if the line on the top (at a range 80).
3. MACD Volume Crypto by Gammaprod
- Pink or purple background.
- The lines are shaped or shaping green.
- Better if at the pink histogram.
C. Consolidation
1. Trendlines Boll Ichi Crypto by Gammaprod
- The candles on the cloud (green or purple).
- Lagging span (red line) on the candles.
- then open buy near the white or blue line (always confirm the position with two other indicators below).
2. Stoch RSI Divs Zone Crypto by Gammaprod
- Mix background specially on a timeframe 15m or more.
- The line move fast up and down.
- Better if on the bottom or the top of the lines (at a range 20 or 80).
3. MACD Volume Crypto by Gammaprod
- Changing the background.
- The line is near the middle line.
- Have small Histogram.
>> The secret ingridient is comparing the timeframe :
The example scalping (Timeframe 1m, 5m and 15m)
- TF 1m is for making an open position.
- TF 5m is for making a judgement of the trend market.
- TF 15m is to confirm that judgement from TF 5m, be careful if it not similar then it used to be a consolidation or the beginning of the reversal.
There's a lot a way to open the position than above information that i gave it to you, but consider there are a limit char on this column, I hope it will help your trading and make a more profit on it.
Bogdan Ciocoiu - MoonshotDescription
Moonshot is an indicator that encapsulates the value delivered by the TSI, MACD, Awesome Oscillator and CCI algorithms to produce signals to enable users to enter positions in ideal market conditions. Moonshot integrates the value delivered by the above four algorithms into one script.
This indicator is particularly useful when trading continuation/reversal divergence strategies.
Uniqueness
The Moonshot's uniqueness stands from integrating the above algorithms into the same visual area and leveraging preconfigured parameters suitable for 1-3 minute scalping techniques.
In addition, Moonshot allows swapping or furthermore configuring the above four algorithms in such a way to align signals by colour-coding or shape thickness to aid the users with identifying any emerging patterns quicker.
Furthermore, Moonshot's uniqueness is also reflected in the way it has standardised the outputs of each algorithm to look and feel the same (including the scale at which the shapes are shown) and, in doing so, enables users to plug them in/out as needed.
Open-source
The indicator leverages the following open-source scripts/algorithms:
www.tradingview.com
www.tradingview.com
www.tradingview.com
www.tradingview.com
Reverse Moving Average Convergence Divergence [CC]The Reverse Macd was created by Johnny Dough (Stocks and Commodities Jan 2012) and this is another indicator in my ongoing series to find those hidden gems. This indicator works in a few very powerful ways. For example the blue line shows you what the current price would be if the macd was at the macd level that you choose. I set the default to 0 but feel free to change it if you want. This will give you short to medium term info by telling you if it is an uptrend when the price is above the blue line or vice versa. It also creates the reverse macd line and it's signal line by using information from the previous day to decompile the macd and show you the price that it would be at if the macd was at that level. It turns this into a new moving average that closely tracks price movements and with the two competing signals, gives you more than enough info to find the perfect entry and exit points. Like always I have included strong buy and sell signals in addition to normal ones so darker colors are strong signals and lighter colors are normal signals. Buy when the line is green and sell when it is red.
Let me know if there are any other scripts you would like to see me publish!
Dynamic Momentum EcosystemTo make emotions obsolete in trading/investing, traders must able to understand the overall trend and disregard with the short term fluctuations of the green and red candles formation. Generally, the moving averages identify the trend, while the MACD-Histogram and Volume measures momentum. As a result, the Impulse System combines trend following and momentum to identify tradable impulses. This unique indicator combination is color coded into the price bars for easy reference.
I've created a script that able help traders to do as such by removing noises and focusing on the momentum + trend. In this Momentum + Trend Following ecosystem, there are 4 colors:
Lime = Price closed higher + volume transacted higher than average + MACD Histogram increases + 13 EMA increases
Green = Price closed higher + MACD Histogram increases + 13 EMA increases
Red = Price closed lower + MACD Histogram decreases + 13 EMA decreases
Blue = Either MACD Histogram increases/decreases + 13 EMA increases/decreases
Lime candle is viewed as a robust bullish sign as price increases, supported by the rising MACD Histogram, 13EMA, and higher than average volumes transacted. Perfect for dip buying near the 20/50 MAs.
Green candle is viewed as bullish with the rising of MACD Histogram and EMA. Good for dip buying near the 20/50 MAs.
Red candle is viewed as bearish with the declining of MACD Histogram and EMA. Good for short entry. Can also be the early sign to take profits, as it could be the preliminary signal for trend reversal.
Blue candle is viewed as neutral.
The upper dotted purple line is the 52candles high.
The vertical grey line appears when the price > MA50 crosses above MA200, which is a golden crossover.
Traders are advised to time their entry using the impulse coloring system for stocks that are trading near the dotted line, following the grey line formation.
Another example, Zoom on daily timeframe (based on its 2020 great bullrun)
Another example, Hartalega on daily timeframe (based on its 2020 great bullrun)
The Divergent - Advanced Divergence IndicatorAutomated divergence detection with unparalleled customizability for any market on TradingView.
This is the Basic (Free) version of The Divergent - Advanced Divergence Indicator .
Features :
1. Divergence detection for any market & any timeframe
Bitcoin? Tesla? Gold? You name it. The Divergent will spot divergences for you on any market and any timeframe.
2. Choose from 2 built-in oscillators
The Basic version of The Divergent comes with 2 built-in oscillators: MACD and RSI
3. Automated detection of Regular Bullish and Regular Bearish divergences
The Basic version of The Divergent can detect two types of divergences: Regular Bullish and Regular Bearish
4. Complete control over every aspect of divergence detection
The Divergent exposes over 40 different settings to allow you fine tune the divergence detection algorithm.
- Oscillator (MACD / RSI)
- Detect Regular Bullish Divergences
- Detect Regular Bearish Divergences
- Pivot Detection Source (Price / Oscillator)
- Source smoothing
- Candle Pivot Detection Mode (Bodies / Wicks)
- Pivot Lookback Right
- Pivot Lookback Left
- Divergence Max. Length
- Divergence Min. Length
- Number of Historic Pivots to Compare
- Pivot Correction
- Restrict Starting Pivot to a Single Divergence
- Allow Early Detection of Divergences
- Line of Sight filter
- Minimum Pivot Change filter
- Pivot Candle Color filter
- Moving Average Filter
- MACD settings
- RSI settings
5. Divergence statistics
6. Fully documented
The Divergent has each and every of its inputs documented via tooltips inside the settings panel. Simply hover your mouse over the ( i ) icon next each the input field to learn more about the purpose of the configuration.
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Jurik MacD & Leader NCMhey everyone,
While there are some Invite-Only Jurik MacDs, there are no free/open ones, so I thought I'd create one and publish it. It has most of the bells and whistles you'd want (I hope!).
You can see one with the bells and whistles all turned on in the first, and a 'quieter' one in the second.
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Why Jurik?
The Jurik MA is a quicker and smoother Exponential MA, and the best of all MAs, according to Jurik Research (lol). To be fair. I have found it to be excellent, and that is why I'm publishing this.
Power can be changed, recommended from 1-4: increasing it pulls it closer to the current price (almost like reducing the period), and decreasing: vice versa.
Phase increases the inertia of the line, how quickly it will respect price changes. It is usual to have less inertia on the fast JMA, and more on the slower (but remember the MACD line is the FastJMA minus the SlowJMA, so you may find adjusting power and phase on Signal line more effective). Search online for JurikRes (or Jurik Research) for more detailed information about the Jurik.
In the coding I have included a list of four different ways to set up the JMAs: however, you should probably tune this to your preferred asset (as with almost all indicators). If you find a good setup, please let me know!
You could trade with a MacD a number of ways. Entries could be:
- MacD crossing the zero line
- MacD crossing over the Signal line
- Histogram crossing above zero line.
Vice versa for exits. If this isn't enough, please google 'trading with a MacD'.
No indicator is perfect for trading, and that includes this one! Don't trade unless you know what you're doing.
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Please let me know if I can improve this script, or you have any other feedback. I can post code for colour palette as well if that is something anyone is keen on.
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Thanks to the many excellent coders that publish freely their code. I have learned so much from this community, and this code is based on the work of others (Chris Moody and everget).
Shout out to StevieMagg as well, who has helped me develop (and didn't want to charge me!). The Pine Script Community on Discord has been brilliant - lots of knowledge, ideas, support - thanks guys.
If you are new and interested in pine coding, I suggest you check out some of the masters (in no order):
ChrisMoody
Everget
RedKTrader
LonesomeDove
LazyBear
KivancOzbilgic
and more that I am missing. It is not necessarily the popular scripts that are the best.
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Kind regards,
Nelson
Logarithmic MACD ©KGRThis is a logarithmic MACD that comes with several advantages over the standard MACD.
Benefits: L MACD ©KGR vs Standard MACD
Normalized over longer time periods: LMACD: Yes - standard: No
Visual cues for tops: LMACD: Yes - standard: No
Visual cues for bottoms: LMACD: Yes - standard: No
Visual cues for crossing bull/bear LMACD: Yes - standard: No
Automatic divergence indicators LMACD: Yes - standard: No
Aligns with the total KGR suite highlighting confluence: LMACD: Yes - standard: No
KG Research focuses on developing crypto and general macro indicators.
Please like, follow and share to show your appreciation and support.
the KG Research team.
Trend Tracking Trader v1.0.1 [by Hajixde]How it works:
This indicator works based on finding the trend lines of time-shifted MACD signals.
Time frame:
The performance of the indicator highly depends on the time frame you choose and the input parameters. Please the following details carefully.
Parameters:
The default values for "Fast Length", "Slow Length", and "Signal smoothing" have been tested for several coins and tokens but you are more than welcome to choose your own numbers.
Fast Length & Slow Length:
The higher values of these lengths, the slower but more accurate trade entry and exit points.
Signal Smoothing:
By increasing this parameter, you are getting rid of cyclical noise but may also miss some low pivots. Don't choose a very high value.
Alerting:
When you add this indicator to your chart, you can enable the alerts by choosing the indicator in the alerts section and then "Buy" and "Sell" options can be selected and you'll be notified of the signals.
Tips:
Based on what I've experimented, it works great on SHIBA for a 3-min TF and the default values. ETH has shown a fantastic result on a 6-Hr TF.
- This is an original, public, and protected script which belongs to user Hajixde
MACD Divergences by @DaviddTechThis indicator helps find divergences in the MACD.
This uses the modification of the TV built-in "Divergence indicator" (Version 10) that I have applied to the MACD.
Usage:
Add the indicator to your chart and then watch for it to plot divergences.
Triple Exponential MACDA modification of the classic MACD to use Triple EMAs which tends to have less lag than the standard indicator. (I also have a Double Exp MACD indicator, I tend to use both simultaneously)
Alert conditions are pre-configured for simple line crosses and you can enable/disable the histogram from the indicator options menu.
Enjoy!
Double Exponential MACDA modification of the classic MACD to use Double EMAs which tends to have less lag than the standard indicator.
Alert conditions are pre-configured for simple line crosses and you can enable/disable the histogram from the indicator options menu.
Enjoy!
