Idnistrade24 MegaOscillator Indicator“Idnistrade24 MegaOscillator” Indicator
Class : oscillator
Trading type : any
Time frame : any
Purpose : detection of trend reversal points
Level of aggressiveness : any
"Idnistrade24 MegaOscillator" indicator is designed to detect the trend reversal points. The class of technical indicators, which is responsible for determining the reversal points of the current trend, are oscillators. At the moment there are hundreds of different variations of oscillators. The idea that formed the basis for creating the “Idnistrade24 MegaOscillator” is to obtain a synergistic effect from the use of the best oscillator techniques.
“Idnistrade24 MegaOscillator” indicator is a symbiosis of such techniques as autoregression analysis, range trading, RSI, ROC, MACD, which results in obtaining the integral value of the current overbought/oversold level in the market.
Based on the overbought/oversold level in the market, “Idnistrade24 MegaOscillator” indicator independently generates buy / sell signals and displays them in the indicator window.
Structure of the indicator
Indicator consists of the following elements:
- the mega-oscillator histogram – is presented in three colors: blue (the market is overbought), red (the market is oversold) and green (there are no serious deviations from the fair price);
- red zone – indication of an extreme overbought zone. Entry into this zone is a signal to close long positions and search for points to sell asset;
- blue zone - indication of an extreme oversold zone. Entry into this zone is a signal for closing short positions and search points to buy asset.
Parameters of the indicator
To configure the indicator, the following parameters are provided:
- periodRSI (default value is 13) - period for calculating the RSI oscillator.
- periodROC (default value - 8) - period for calculating the ROC oscillator.
- periodRanger (default value - 21) - period for calculating the range in range trading.
- periodReg (default value - 11) - period for the calculation of autoregression.
- signals (default is 0.4) - the parameter used to control the frequency of signals. The lower it is, the more signals the indicator will generate.
- overboughtRSI (the default value is 70) - the parameter defining the overbought zone for the RSI indicator.
- overboughtRSI (the default value is 30) - the parameter that determines the border of the oversold zone for the RSI indicator.
- overboughtROC (the default value is 0.4) - the parameter defining the overbought zone for the ROC indicator.
- overboughtROC (the default value is -0.4) —the parameter that determines the oversold zone for the ROC indicator.
- overboughtMACD (default value - 0.0001) - the parameter that determines the overbought zone for the MACD indicator.
- overboughtMACD (the default value is -0.0001) is the parameter that determines the oversold zone for the MACD indicator.
Rules of trading
The main task of the trader when working with this indicator is to monitor the color of the histogram and its position relative to the extreme zones. Entering the red zone is a signal for closing long positions and finding points for selling assets. Entering the blue zone is a signal for closing short positions and finding points for asset purchases.
The appearance of a blue triangle on the histogram is a buy aignal, and a red triangle is a sell signal.
K-macd
VSH_RSICDRSI Convergence Divergence Histogram (only) inspired by VSH_RSI and traditional MACD but purely based on RSI.
Not only does decent job capturing momentum transition (base cross) but can also be used to identify cleaner divergences.
MACD%% + FISHER TRANSFORMATIONThe MACD but instead of showing the RAW Value(12ema - 26ema) it is showing us the percentage diffrence between the ema's.
Also the fisher transformation is included. Sadly the fisher is not working on low Satoshi Altcoincharts.
Linear Quadratic Convergence Divergence OscillatorIntroduction
I inspired myself from the MACD to present a different oscillator aiming to show more reactive/predictive information. The MACD originally show the relationship between two moving averages by subtracting one of fast period and another one of slow period. In my indicator i will use a similar concept, i will subtract a quadratic least squares moving average with a linear least squares moving average of same period, since the quadratic least squares moving average is faster than the linear one and both methods have low-lag this will result in a reactive oscillator.
LQCD In Details
A quadratic least squares moving average try to fit a quadratic function (parabola) to the price by using the method of least squares, the linear least squares moving average try to fit a line. Non-linear fit tend to minimize the sum of squares in non-linear data, this is why a quadratic method is more reactive. The difference of both filters give us an oscillator, then we apply a simple moving average to this oscillator to provide the signal line, subtracting the oscillator and its signal line give us the histogram, those two last steps are the same used in the MACD.
Length control the period of the quadratic/linear moving average. While the MACD use a signal line for plotting the histogram i also added the option to plot the momentum of the quadratic moving average instead, the result is smoother and reduce irregularities, in order to do so just check the differential option in the parameter box.
The period of the signal line and the momentum are both controlled by the signal parameter.
A predictive approach can be made by subtracting the histogram with the signal line, this process make the histogram way more predictive, in order to do so just check the predictive histogram option in the parameter box.
Predictive histogram with simple histogram option. The differential mode can also be used with the predictive parameter, this result in a smoother but less reactive prediction.
Information Interpretation
The amount of information the MACD can give us is high. We can use the histogram as signal generator, or the if the oscillator is over/under 0, combine the oscillator/signal line with histogram, combinations can provide various systems. Some traders use the histogram as signal generator and use the cross between the histogram and the signal line as a stop signal, this method can avoid some whipsaw trades. The study of divergences with the price is also another method.
Conclusion
This oscillator aim to show the same amount of information as the MACD with a similar calculation method but using different kind of filters as well as eliminating the need to use two separates periods for the moving averages calculation, its still possible to use different periods for the quadratic/linear moving average but the results can be less accurate. This indicator can be used like the MACD.
Waddah Attar Explosion V2 [SHK]Hey everyone
I have modified Waddah Attar Explosion indicator to work in low price markets like crypto as well as any other market. So now the DeadZone line is based on ATR instead of a fixed number. Nothing more changed and all credits goes to it's MT4 developer and LazyBear (Main Script Link) .
Hope you enjoy!
Read the main description below...
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This is a port of a famous MT4 indicator. This indicator uses MACD/BB to track trend direction and strength. Author suggests using this indicator on 30mins.
Explanation from the indicator developer:
"Various components of the indicator are:
Dead Zone Line: Works as a filter for weak signals. Do not trade when the red or green histogram is below it.
Histograms:
- Red histogram shows the current down trend.
- Green histogram shows the current up trend.
- Sienna line shows the explosion in price up or down.
Signal for ENTER_BUY: All the following conditions must be met.
- Green histo is raising.
- Green histo above Explosion line.
- Explosion line raising.
- Both green histo and Explosion line above DeadZone line.
Signal for EXIT_BUY: Exit when green histo crosses below Explosion line.
Signal for ENTER_SELL: All the following conditions must be met.
- Red histo is raising.
- Red histo above Explosion line.
- Explosion line raising.
- Both red histo and Explosion line above DeadZone line.
Signal for EXIT_SELL: Exit when red histo crosses below Explosion line.
All of the parameters are configurable via options page. You may have to tune it for your instrument.
Koby's 3 average MACD indicatorThis MACD is averaging 3 different MACD; KAMA MACD, ZLEMA MACD, and normal MACD.
Can find easier MACD's divergence and convergence than normal MACD.
And more smoothly drawing than ZLEMA MACD (KZ_MACD) which is I've made before.
Koby's ZLEMA MACD and KAMA signalUsing zero lag ema for MACD line, and using KAMA for MACD's signal line.
Test version.
This has MACD and signal cross alert, and 0 line alert.
~RMCF~ RSI and MACD Reversal SignalFor AkibaDeep. Checks if RSI < 30 recently and if MACD diverges, placing a buy signal. Then, places a sell signal when MACD converges back.
[ProfitTrailer] Fibonacci Swing TraderThis script implements one of the ProfitTrailer example strategies: Fibonacci Swing Trader.
For complete info about this strategy please refer to PT wiki.
Koby's HMA MACDThis my custom MACD based on Hull Moving Average for our SNS group.
I will add other features later.
2 MACDGrato ao LazyBear, pela base do indicador, que modifiquei para facilitar o entendimento dos movimentos.
BOSS Zero-Lag Dynamic MACDTHE BEST FOREX, BINARY OPTIONS, AND CRYPTO INDICATORS FOR TRADINGVIEW.COM
Our MACD is a Zero-Lag (well near zero-lag) We make this claim because MACD utilizes Moving Averages and as you know moving averages are lagging indicators.
For our MACD we utilize The McGinley Dynamic which looks like a moving average line yet it is a smoothing mechanism for prices that turns out to track far better than any moving average.
The McGinley Dynamic minimizes price separation, price whipsaws and hugs prices much more closely.
The McGinley Dynamic does this automatically as this is a factor of the formula.
Because of the calculation, the Dynamic Line speeds up in down markets as it follows prices yet moves more slowly in up markets.
As traders we want to be quick to sell in a down market, yet ride an up market as long as possible.
Source: Investopedia.com
Chart Image shows conventional MACD on Bottom and BOSS Zero-Lag Dynamic MACD on top
Available at: bosscripts.com
MACD LB MFIThis script includes MACD histogram plus MFI in four states
All backgrounds are compared to previous bar in +/- 10%
1. Green (green) + Volume + Range (++)
2. Fading (yellow) - Volume - Range (--)
3. False (gray) - Volume + Range (-+)
4. Crouching (red) + Volume - Range (+-)
Koba_MACD indicator-ver1This is "Kobayashi's Moving Average Convergence Divergence" indicator.
The short name is "Koba_MACD".
Custom MACD based on KobaMA.
MACD phi³Esse script possui 6 MACD configurados com o Phi³ e um sistema para encontrar as divergências em cada linha sendo impresso na vela o H1, H2, H3, H4, H5 e H6, os tempos de 17 velas até 610, já ajustado para mostrar em 72 minutos, pode por em qualquer tempo, mas tempos menores ele irá duplicar a impressão dos dados, ex: se por em 17 ou 15 minutos, irá aparecer 4 velas com os avisos, pois irá dividir o tempo.
Foi testado com o BTCUSD, não sei a eficiência com outras moedas, fiquem a vontade pra comentar e criticar.
OBS: Não me responsabilizo por eventuais falhas do script ou perdas, é uma ferramenta em fase de teste.
MACD背离(MACD divergent)[公开版][gouge99]注意:背离意味着做反转交易,所以入场要求很高,但是背离一般的收益风险比很大
MACD背离:收盘价创造新高或者新低,但是macd却没有出新高或者新低
计算原理:根据历史K线长度(默认90根K线)来判断收盘价的高低极值和macd的高低极值来进行比较判断
建议使用:
1.在震荡调整行情中,在支撑和压力位附近出现的突然的趋势K线,一般是假突破
2.在趋势末端,一般还会有一次缓慢的测试趋势极点的行情,一般这是趋势反转进入震荡的开始
3.结合其他形态如双顶,头肩,pin bar
4.结合其他指标如stoch随机指标做反转
5.推荐在1h, 30m, 15m级别中使用,5m也可以使用,但是最好背离计算长度设置大一点 比如150