DiNapoli MACD (DEMA) is a custom indicator used in the context of identifying the position of strong hands.
This version of the indicator includes the following features:
Show/Hide the Oscillation Lines
Highlight Cross with Signal Line
Show Zero Line
Show Divergences (experimental)
For convenience it also includes Custom Alerts. Now it is possible to get alerts on:
Alert on MACD Cycle Shift
Bullish MACD Signal
Bearish MACD Signal
Possible Regular Divergence
Possible Regular Bullish Divergence
Possible Regular Bearish Divergence
This indicator is meant to be used by professional traders. If you would like to subscribe, please send me a private message.
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Added features:
Integration of Volatility Belt. Now we're able to couple our DiNapoli Momentum studies with volatility compressions and breakouts.
General style revamp
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MACD Parameters are now open for customization.
Ability to plot the Predictor in multiple timeframes.
Divergences got improved.
Improved Volatility information along with the oscillator.
Simpler and more organized Input Tab.
Internal code updates.
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To avoid misreadings when plotting the indicator from a custom timeframe, the label automatically gets displayed informing about that fact. This feature can be deactivated by unchecking the field "Force Label on Custom Timeframe".
All colors are customizable through the Input Tab, including lines, labels and text colors.