Super Smoothed MACD for STOCKS by KIVANÇ fr3762 — Indicator by KivancOzbilgic

oscillator movingaverage kivanc fr3762 ehlers supersmoother supersmoothedmacd

THIS INDICATOR IS DESIGNED USING EHLERS' SUPER SMOOTHER FILTER

DESIGNED FOR STOCKS

(another version available for CRYPTO TRADE: Super Smoothed MACD for CRYPTO by KIVANÇ fr3762)

Instead of EXPONENTIAL MOVING AVERAGES in traditional MACD calculation, Super Smoothed prices are used.

The default values of BAND EDGE's (periods) of these Super Smoothed Prices are 13,8, and 3 (Fibonacci numbers) which pretty work well for daily trade

users can change these values 13,8,5 or 21,13,5 or 21,13,8 and so on to have optimum trade productivity

Threads: threads.net/@kivancozbilgic

YouTube (Turkish): youtube.com/c/kivancozbilgic

YouTube (English): youtube.com/c/AlgoWorld

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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