Uses two sets of MACD plus an RSI to either long or short. All three indicators trigger buy/sell as one (ie it's not 'IF MACD1 OR MACD2 OR RSI > 1 = buy", its more like "IF 1 AND 2 AND RSI=buy", all 3 match required for trigger)
The MACD inputs should be tweaked depending on timeframe and what you are trading. If you are doing 1, 3, 5 min or real...
This is a MACD divergence on 3 time-frames, 1h, 4h and 1D.
Please insert the indicator into a 1h chart, otherwise change the lengths' inputs.
you will see H1,H2, H3, R1, R2 and R3 in green and maroon colors.
H means hidden divergence, 1 regards to 1h, 2 to 4h, and 3 to 1D. If the color is green, its bullish, and if its maroon the divergence is bearish.
Gray...
Please insert the indicator into 1h time-frame, otherwise you need to change the lengths' inputs.
When there are tops for two of the MACDs and they are near and close* to each other, there is a big opportunity of a "Major Top" for the security, and vice versa for "Major Bottom".
This indicator can be used for tracing multi time-frame divergence. Also, it could...
This strategy combines the classic stochastic strategy to buy when the stochastic is oversold with a classic MACD strategy to buy when the MACD histogram value goes above the zero line. Only difference to the classic stochastic is a default setting of 71 for overbought (classic setting 80) and 29 for oversold (classic setting 20).
Therefore this strategy goes...
The main idea is to identify a divergence between momentum and price movement. E.g. if the momentum is rising but price is going down - this is what we call a divergence. The divergence will be calculated by comparing the direction of the linear regression curve of the price with the linear regression curve of momentum.
A bearish divergence can be identified by a...
This is only a slight modification to the existing "MACD Strategy" strategy plugin!
found the default MACD strategy to be lacking, although impressive for its simplicity. I added "year>2014" to the IF buy/sell conditions so it will only backtest from 2015 and beyond ** .
I also had a problem with the standard MACD trading late, per se. To that end I modified the...
Here is a combination of the classic MACD (moving average convergence divergence indicator) with the classic slow moving average SMA with period 200 together as a strategy.
This strategy goes long if the MACD histogram and the MACD momentum are both above zero and the fast MACD moving average is above the slow MACD moving average. As additional long filter the...
This is an overlay indicator which uses the classic period settings and signals from the MACD (Moving Average Convergence/Divergence) indicator to overlay a heatmap using all the information the MACD generates with its three periods (12,26,9).
The first two moving averages which the MACD uses (12 and 26) can be plotted on the chart like usual EMAs.
In addition...
Simple change to the standard MACD formula I like to use that slow it down and reduces the amount of false signals while allowing strong/good signals through,
An adaptation of MACD. I added:
- Zero line cross signal
- MACD/Signal line cross signals with arrows
- Max/Min lines threshold
Theoretical foundation is from goo.gl
![EURCHF: MACD Divergence MultiTimeFrame [FantasticFox]](https://s3.tradingview.com/k/kjrjmIql_mid.png "MACD Divergence MultiTimeFrame [FantasticFox]")
![EURUSD: MACD MultiTimeFrame 1h4h1D [Fantastic Fox]](https://s3.tradingview.com/m/mpEwG4gV_mid.png "MACD MultiTimeFrame 1h4h1D [Fantastic Fox]")
![EURUSD: [RS]Price Divergence Detector V2](https://s3.tradingview.com/3/3oeDh0Yq_mid.png "[RS]Price Divergence Detector V2")
![EURUSD: [RS]Price Divergence Detector V1](https://s3.tradingview.com/6/67zRXqoa_mid.png "[RS]Price Divergence Detector V1")
![EURUSD: [RS]Price Divergence Detector V0](https://s3.tradingview.com/b/Btz1Zzzf_mid.png "[RS]Price Divergence Detector V0")
![EURUSD: [RS]MACD Divergence V0](https://s3.tradingview.com/3/3FevzoCJ_mid.png "[RS]MACD Divergence V0")