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ST MACD [CTH]
ST MACD Indicator: User Guide
The ST MACD Indicator combines the power of the MACD (Moving Average Convergence Divergence), Volume Spike Detection, and the Super Trend Indicator to provide clear signals for trend-following and momentum-based trading strategies. This comprehensive tool simplifies market analysis by offering actionable insights through visual cues.
How the Indicator Works
MACD
The MACD measures the divergence between two EMAs (12 and 26 periods).
Trend Assist Colors:
Blue: Indicates positive MACD momentum (above 0 line and up-sloping).
Red: Indicates negative MACD momentum (below 0 line and down-sloping).
Volume Spike Detection
Detects significant volume spikes by comparing current volume to the 50-bar average volume.
The Spike Factor (adjustable in inputs) defines how many times larger the spike needs to be compared to the 50-bar average. Volume spikes are visually represented with a lightning icon below the corresponding candle.
Super Trend Indicator
The Super Trend Indicator is a trend-following tool based on price action and volatility.
It prints green for bullish trends and red for bearish trends, providing a clear indication of the market direction.
Trade Setups
Step 1: Long Position
Super Trend Confirmation
Ensure the Super Trend is printing green, indicating a bullish market trend.
MACD Momentum
For safer trades, confirm the MACD line is blue and above the 0 line, signaling strong upward momentum.
Optional Volume Spike Entry
Look for a volume spike (lightning icon below the candle) to time your entry during heightened market activity.
Step 2: Short Position
Super Trend Confirmation
Ensure the Super Trend is printing red, indicating a bearish market trend.
MACD Momentum
For safer trades, confirm the MACD line is red and below the 0 line, signaling strong downward momentum.
Optional Volume Spike Entry
Look for a volume spike (lightning icon above the candle) to time your entry during heightened market activity.
Customization Options
Inputs
MACD Settings
Adjust the fast and slow EMA lengths to fine-tune the MACD to your preferred market conditions.
Volume Spike Factor
Modify the spike factor sensitivity to determine how significant a volume spike must be compared to the 50-bar average.
Default settings are optimized for most scenarios.
Super Trend Settings
Customize the Super Trend values (e.g., ATR period and multiplier) to suit different time frames or volatility levels.
Visual Adjustments
Color and Icon Customization
Adjust colors for MACD lines, trend assist backgrounds, volume spike icons, and Super Trend plots to match your charting style.
Plot Visibility
Enable or disable specific visual elements such as volume spike icons, MACD backgrounds, or Super Trend colors for a cleaner chart layout.
Practical Tips
Use the Super Trend for directional bias and trade only in the direction of the prevailing trend.
Combine MACD momentum and volume spike detection for higher-probability entries.
Experiment with inputs to optimize the indicator for your trading strategy and time frame.
Pair the ST MACD Indicator with additional tools like candlestick patterns or support/resistance analysis to enhance your decision-making.
The ST MACD Indicator combines the power of the MACD (Moving Average Convergence Divergence), Volume Spike Detection, and the Super Trend Indicator to provide clear signals for trend-following and momentum-based trading strategies. This comprehensive tool simplifies market analysis by offering actionable insights through visual cues.
How the Indicator Works
MACD
The MACD measures the divergence between two EMAs (12 and 26 periods).
Trend Assist Colors:
Blue: Indicates positive MACD momentum (above 0 line and up-sloping).
Red: Indicates negative MACD momentum (below 0 line and down-sloping).
Volume Spike Detection
Detects significant volume spikes by comparing current volume to the 50-bar average volume.
The Spike Factor (adjustable in inputs) defines how many times larger the spike needs to be compared to the 50-bar average. Volume spikes are visually represented with a lightning icon below the corresponding candle.
Super Trend Indicator
The Super Trend Indicator is a trend-following tool based on price action and volatility.
It prints green for bullish trends and red for bearish trends, providing a clear indication of the market direction.
Trade Setups
Step 1: Long Position
Super Trend Confirmation
Ensure the Super Trend is printing green, indicating a bullish market trend.
MACD Momentum
For safer trades, confirm the MACD line is blue and above the 0 line, signaling strong upward momentum.
Optional Volume Spike Entry
Look for a volume spike (lightning icon below the candle) to time your entry during heightened market activity.
Step 2: Short Position
Super Trend Confirmation
Ensure the Super Trend is printing red, indicating a bearish market trend.
MACD Momentum
For safer trades, confirm the MACD line is red and below the 0 line, signaling strong downward momentum.
Optional Volume Spike Entry
Look for a volume spike (lightning icon above the candle) to time your entry during heightened market activity.
Customization Options
Inputs
MACD Settings
Adjust the fast and slow EMA lengths to fine-tune the MACD to your preferred market conditions.
Volume Spike Factor
Modify the spike factor sensitivity to determine how significant a volume spike must be compared to the 50-bar average.
Default settings are optimized for most scenarios.
Super Trend Settings
Customize the Super Trend values (e.g., ATR period and multiplier) to suit different time frames or volatility levels.
Visual Adjustments
Color and Icon Customization
Adjust colors for MACD lines, trend assist backgrounds, volume spike icons, and Super Trend plots to match your charting style.
Plot Visibility
Enable or disable specific visual elements such as volume spike icons, MACD backgrounds, or Super Trend colors for a cleaner chart layout.
Practical Tips
Use the Super Trend for directional bias and trade only in the direction of the prevailing trend.
Combine MACD momentum and volume spike detection for higher-probability entries.
Experiment with inputs to optimize the indicator for your trading strategy and time frame.
Pair the ST MACD Indicator with additional tools like candlestick patterns or support/resistance analysis to enhance your decision-making.
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只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情，請依照以下作者的說明操作，或直接聯絡CryptoTradesHub。
請注意，此私人、僅限邀請的腳本尚未經過腳本管理員審核，其是否符合社群規範尚無定論。 除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Visit our website to find out more.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情，請依照以下作者的說明操作，或直接聯絡CryptoTradesHub。
請注意，此私人、僅限邀請的腳本尚未經過腳本管理員審核，其是否符合社群規範尚無定論。 除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Visit our website to find out more.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。