I'd like to introduce you all to the Awesome MACD+ [Premium] indicator. As most of you know, the Moving Average Convergence Divergence, MACD, indicator is a one of the most popular indicator among traders. The MACD is a trend-momentum indicator that measures the relationship between moving averages and uses a signal line to show crossovers between the MACD line. The signal line is generally used as a trigger for buy/sell signals with a cross of the MACD line or confirmation when used with other strategies. More advanced traders will look for divergences; divergences can, for example, indicate a weakness in the current trend.
How the Awesome MACD+ is different:
This MACD uses several complex equations and filters to improve accuracy.
Multiple extremely accurate Buy/Sell signals not found on a traditional MACD indicator.
Ability to use 2 different background highlight signals and several different buy/sell signals.
Fully customizable (as always), ability to turn on or off any signals, change any of the colors to suit your needs.
***I've used Bitcoin in the chart above just to show that it is still extremely accurate using alt-coins as well. On AAPL
Advanced algo trend filtering
Easy to read signals for every level of trader.
..Can work for the minimalist.
..Those that want every signal.
..Those that like a balance of signals.
Whatever your style or skill level, the Awesome MACD+ can be customized to fit your needs.
The above chart should look like this:
Good luck Traders.
Cheers, Mike
(UPRIGHT Trading)
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Big update, MACD+ 1.5!
Added Regular/Hidden Divergence Signals! (RB/HB)
Adjusted Signal placement for better viewing.
Improved Algo slightly -> more pronounced improvements coming in 2.0
Greatly improved UI.
Alerts are even easier! ----Now you can check the ones you want under settings (instead of doing each individually). Add alert, select MACD+ from dropdown, hit save, and it will autofill everything for you! Price, Time, interval, etc.
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Awesome MACD+ v1.6:
Customization fixes.
UI cleanup.
Code cleanup.
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MACD+ 1.6 Update:
Added Stochastic.
Accuracy Adjustments.
Cleaner look.
Cleaned some code.
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Quick chart fix. And forgot to add pic
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--Quite a bit of code cleaning, more to do, but getting this update out for some of the bug fixes. --Signals will be reworked and filtered.
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--Lots of cleaning. --Optimized UI. --Easier to read. --Improved and updated calculations. --Removed excess.