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ck - MultiCross with Alerts (HMA, TSI, MACD & VWMA)Hello again everyone! I hope you enjoy this "Multicross" Indicator. Feature packed indicator with Alerts, that includes: Double Hull MAs (fast and slow) TSI (fast, slow, Long trigger & Short triggers definable) VWMA MACD (fast and slow) Visual output plots line crosses from the indicators and provides visual Long and Short triangles and Alerts for bot users! Enjoy! Special thanks to Magnus Söderberg for the idea behind this.
Pine Script® indicator
by ChrisKaye
1
Impulse MACD [LazyBear]Impulse MACD is a modified MACD, formed by filtering out the values in a MA range (region between MAs of high and low), thereby reducing whipsaw typical in a sideways market. This is usually plotted as histogram. This also plots the traditional histogram (MACD - Signal), to help in finding entries/exits. Use this like a traditional MACD (Zero line crossing or Signal crossing). Colors legend: Impulse MACD: Possible colors => Lime / Green / Orange / Red, based on the ImpulseMACD position with respect to MidLine and Signal. Impulse MACD Signal: Maroon line. Blue histogram: (ImpulseMACD - Signal). List of my public indicators : bit.ly List of my app-store indicators : blog.tradingview.com
Pine Script® indicator
by LazyBear
86
MACD with Candle DisplayMACD Calculation: Uses user-defined Fast Length, Slow Length, and Signal Smoothing parameters to compute MACD. Supports SMA (Simple Moving Average) or EMA (Exponential Moving Average) for the MACD line and signal line Histogram-Based Candle Coloring: The script categorizes histogram bars into four states: 0 (Very Bullish) → Green 1 (Likely Bearish) → Blue 2 (Likely Bullish) → Orange 3 (Very Bearish) → Red Histogram Plot: Displays histogram bars with distinct colors based on price momentum changes. Market Sentiment Display in Status Line & Price Scale: Instead of adding a label on the chart (which could obstruct candles), a text display is shown in the price scale and status line: "0 Very Bullish" "1 Likely Bearish" "2 Likely Bullish" "3 Very Bearish" The text appears in the top-right corner with white font on a black background. Purpose: This indicator enhances the standard MACD by incorporating candle coloring and a cleaner sentiment display in the price scale, helping traders quickly interpret market momentum without cluttering the chart.
Pine Script® indicator
by SoloFloTrades
MACD Divergences + RSI/ADXMACD Divergences + RSI/ADX Indicator This indicator combines the classic MACD divergence detection with real-time RSI and ADX monitoring in fixed corner labels. 🔹 MAIN FEATURES: - Automatic MACD divergence detection (Classic & Hidden) - Visual RSI and ADX labels fixed in the right corner - Color-coded trend direction (Green: DI+ > DI- | Red: DI- > DI+) - Customizable MACD settings (Fast/Slow Length, Signal Smoothing) - Configurable RSI and ADX periods - Built-in alerts for all divergence types 🔹 DIVERGENCE TYPES: - Classic Bullish: Price makes lower lows, MACD makes higher lows (Reversal signal) - Classic Bearish: Price makes higher highs, MACD makes lower highs (Reversal signal) - Hidden Bullish: Price makes higher lows, MACD makes lower lows (Continuation signal) - Hidden Bearish: Price makes lower highs, MACD makes higher highs (Continuation signal) 🔹 RSI & ADX DISPLAY: - Fixed labels in top-right (RSI) and bottom-right (ADX) corners - Real-time values updated on every bar - Background color changes based on directional movement (DI+ vs DI-) - Large, easy-to-read format 🔹 HOW TO USE: 1. Watch for divergence patterns on MACD histogram 2. Monitor RSI for overbought/oversold conditions 3. Check ADX for trend strength (>25 = strong trend) 4. Green labels = Bullish momentum (DI+ > DI-) 5. Red labels = Bearish momentum (DI- > DI+) 🔹 BEST FOR: - Swing trading on 4H and Daily timeframes - Trend-following strategies with mo
Pine Script® indicator
by acgcapital
Supertrend + MACD + HMAIndicator Description: Supertrend + MACD + HMA General Summary It is a composite technical indicator that combines three analysis tools to generate buy and sell signals in institutional trading. It uses confirmation from multiple indicators to increase the precision of market entries. Components 1. Supertrend (ST) Function: Identifies the main market trend (bullish or bearish) Parameters: ATR Length 10, Factor 3.0 Visualization: Green line = Bullish trend Red line = Bearish trend Semi-transparent green/red background that fills the area according to direction How it works: Uses ATR (Average True Range) to calculate dynamic support and resistance bands 2. MACD (Moving Average Convergence Divergence) Function: Measures price momentum and direction Parameters: Fast 18, Slow 144, Signal Smoothing 9 Components: MACD Line (orange): Difference between two EMAs Signal Line (purple): EMA of the MACD Histogram (green/red columns): Difference between MACD and its signal Green = Positive histogram (bullish momentum) Red = Negative histogram (bearish momentum) 3. HMA 100 (Hull Moving Average) Function: Identifies support/resistance level and price direction Parameters: Length 100 Visualization: Blue thick line Characteristics: Less lag than traditional moving averages Price > HMA = Bullish trend Price < HMA = Bearish trend Signal Logic 🟢 BUY SIGNAL Generated when ANY of these conditions is met: Total Confluence: MACD positive (histogram > 0) Price above HMA 100 Supertrend in Bullish mode Supertrend Change: Supertrend changes from Bearish to Bullish MACD remains positive Price above HMA Price Crossover: Price crosses above HMA (at candle close) Supertrend is in Bullish mode MACD is positive 🔴 SELL SIGNAL Generated when ANY of these conditions is met: Total Confluence: MACD negative (histogram < 0) Price below HMA 100 Supertrend in Bearish mode Supertrend Change: Supertrend changes from Bullish to Bearish MACD remains negative Price Crossover: Price crosses below HMA (at candle close) Supertrend is in Bearish mode MACD is negative Important Features ✅ Single Signal Per Type Once a BUY is generated, no other BUY is generated until a SELL appears Avoids multiple entries in the same direction ✅ Crossover Detection The indicator generates signals at candle close when price crosses HMA Allows capturing quick market moves ✅ Trend Changes Detects when Supertrend changes direction Provides early exits from the market ✅ Automatic Alerts Push notifications when BUY or SELL is generated Ideal for automated trading
Pine Script® indicator
by julioperez75955
Divergence Detector (MACD + Volume)Divergence Detector (MACD + Volume Confirmation) This indicator automatically detects bullish and bearish divergences between price and MACD, enhanced with volume confirmation to filter out weak signals. 🔹 Core Logic Pivot Detection: The script identifies swing highs and lows (pivots) using customizable left/right lookback values. Bullish Divergence: Occurs when price makes a lower low, but MACD makes a higher low. A label "Bull Div" appears below the bar; if confirmed by high volume, it shows "Bull Div 🔥". Bearish Divergence: Occurs when price makes a higher high, but MACD makes a lower high. A label "Bear Div" appears above the bar; if confirmed by high volume, it shows "Bear Div 📉". Volume Confirmation: The indicator checks whether the volume at the pivot bar is above the moving average of volume (customizable length). This ensures that divergence signals are backed by strong market participation. Inputs MACD Fast/Slow/Signal Length – standard MACD parameters Pivot Lookback Left/Right – defines the swing structure sensitivity Volume MA Length – defines how volume strength is validated Output Labels: 🔹 Bull Div / Bull Div 🔥 → Bullish divergence (confirmed with volume) 🔹 Bear Div / Bear Div 📉 → Bearish divergence (confirmed with volume) Tips Works best on higher timeframes and trending markets. Volume confirmation helps filter false divergences in low liquidity conditions. Combine with trend or structure indicators for better trade setups. ---------------------------------------------------------------------------------------------- اندیکاتور شناسایی واگرایی MACD با تأیید حجم این اندیکاتور به‌صورت خودکار واگرایی‌های صعودی و نزولی بین قیمت و MACD را شناسایی کرده و با استفاده از تأیید حجم (Volume Confirmation) سیگنال‌های ضعیف را فیلتر می‌کند. 🔹 منطق عملکرد شناسایی پیوت‌ها: نقاط چرخش (سقف و کف) با استفاده از تعداد کندل‌های قابل تنظیم در دو سمت شناسایی می‌شوند. واگرایی صعودی (Bullish): زمانی که قیمت کف پایین‌تر و MACD کف بالاتر می‌سازد. برچسب "Bull Div" در زیر کندل نمایش داده می‌شود؛ اگر حجم بالا باشد، با علامت 🔥 مشخص می‌گردد. واگرایی نزولی (Bearish): زمانی که قیمت سقف بالاتر و MACD سقف پایین‌تر می‌سازد. برچسب "Bear Div" در بالای کندل نمایش داده می‌شود؛ اگر حجم بالا باشد، با 📉 مشخص می‌گردد. تأیید حجم: اگر حجم در کندل پیوت بالاتر از میانگین متحرک حجم باشد، سیگنال معتبرتر در نظر گرفته می‌شود. تنظیمات ورودی تنظیمات MACD (Fast, Slow, Signal) پارامترهای شناسایی پیوت (Left / Right) طول میانگین متحرک حجم (Volume MA Length) خروجی‌ها Bull Div 🔥 / Bear Div 📉 برای واگرایی‌های تأییدشده با حجم Bull Div / Bear Div برای واگرایی‌های بدون تأیید حجم نکات کاربردی بهترین عملکرد در تایم‌فریم‌های بالا و بازارهای دارای روند تأیید حجم به حذف سیگنال‌های اشتباه در شرایط حجم پایین کمک می‌کند برای دقت بیشتر، آن را با اندیکاتورهای روند یا ساختار ترکیب کنید ⚠️ Disclaimer: This script is provided for educational and informational purposes only. It does not constitute financial advice, and the author is not responsible for any financial losses caused by its use. Always confirm signals with your own analysis and other tools before making trading decisions. ⚠️ توجه: این اسکریپت صرفاً جهت آموزش و اطلاع‌رسانی طراحی شده و توصیه مالی یا سرمایه‌گذاری محسوب نمی‌شود. نویسنده مسئول هیچ‌گونه ضرر یا زیان احتمالی ناشی از استفاده از آن نیست. لطفاً پیش از هر تصمیم معاملاتی، تحلیل شخصی خود را انجام داده و از این ابزار در کنار سایر ابزارهای تحلیل و مدیریت ریسک استفاده کنید.
Pine Script® indicator
by farcominvestment
1
MACD crossover while RSI Oversold/Overbought# MACD Crossover with RSI Overbought/Oversold Indicator Explained ## Indicator Overview This is a trading signal system that combines two classic technical indicators: **MACD (Moving Average Convergence Divergence)** and **RSI (Relative Strength Index)**. Its core logic is: MACD crossover signals are only triggered when RSI is in extreme zones (overbought/oversold), thereby filtering out many false signals and improving trading accuracy. ## Core Principles ### 1. **Dual Confirmation Mechanism** This indicator doesn't use MACD or RSI alone, but requires both conditions to be met simultaneously: - **Short Signal (Orange Triangle)**: MACD bearish crossover (fast line crosses below signal line) + RSI was overbought (≥71) - **Long Signal (Green Triangle)**: MACD bullish crossover (fast line crosses above signal line) + RSI was oversold (≤29) ### 2. **RSI Memory Function** The indicator checks the RSI values of the current and past 5 candlesticks. As long as any one of them reaches the overbought/oversold level, the condition is satisfied. This design avoids overly strict requirements, as RSI may have already left the extreme zone before the MACD crossover occurs. ```pine wasOversold = rsi <= 29 or rsi <= 29 or ... or rsi <= 29 wasOverbought = rsi >= 71 or rsi >= 71 or ... or rsi >= 71 ``` ## Parameter Settings ### MACD Parameters - **Fast MA**: 12 periods (adjustable 7-∞) - **Slow MA**: 26 periods (adjustable 7-∞) - **Signal Line**: 9 periods ### RSI Parameters - **Oversold Threshold**: 29 (traditional 30) - **Overbought Threshold**: 71 (traditional 70) - **Calculation Period**: 14 ## Visual Elements ### 1. **Signal Markers** - 🔻 **Orange Downward Triangle**: Appears above the candlestick, labeled "overbought", indicating a shorting opportunity - 🔺 **Green Upward Triangle**: Appears below the candlestick, labeled "oversold", indicating a long opportunity ### 2. **Price Level Lines** - **Orange Dashed Line**: Extends rightward from the high of the short signal, serving as a potential resistance level - **Green Dashed Line**: Extends rightward from the low of the long signal, serving as a potential support level Each time a new signal appears, the old level line is deleted, keeping only the most recent reference line. ## Trading Logic Explained ### Short Signal Scenario 1. Price rises, RSI surges above 71 (market overheated) 2. Momentum subsequently weakens, MACD fast line crosses below signal line 3. Indicator draws an orange triangle at the high, alerting to reversal risk 4. Orange dashed line marks the high point of the short entry position ### Long Signal Scenario 1. Price falls, RSI drops below 29 (market oversold) 2. Selling pressure exhausted, MACD fast line crosses above signal line 3. Indicator draws a green triangle at the low, suggesting a rebound opportunity 4. Green dashed line marks the low point of the long entry position ## Advantages and Limitations ### ✅ Advantages - **Filters Noise**: Reduces false signals through dual confirmation - **Captures Reversals**: Catches trend reversals in extreme conditions - **Visual Clarity**: Level lines help identify support/resistance - **Built-in Alerts**: Can set up message push notifications ### ⚠️ Limitations - **Lag**: Both indicators are lagging, signals may be delayed - **Poor Performance in Ranging Markets**: Prone to whipsaws during consolidation - **Needs Other Analysis**: Should not be the sole decision-making basis - **Parameter Sensitivity**: Different markets and timeframes may require parameter adjustments ## Practical Trading Suggestions 1. **Confirm Trend Context**: Counter-trend signals carry high risk in strong trending markets 2. **Combine with Candlestick Patterns**: Confirm with patterns (such as engulfing, hammer candles) 3. **Set Stop Losses**: Use level lines as stop-loss references (long stop below green line, short stop above orange line) 4. **Watch Volume**: Signals accompanied by high volume are more reliable 5. **Multi-Timeframe Verification**: Signals appearing simultaneously on daily and 4-hour charts are more credible ## Summary This indicator follows the "mean reversion from extremes" philosophy, seeking reversal opportunities when market sentiment becomes excessive. It's suitable for auxiliary judgment, particularly in swing trading and position trading strategies. But remember, no indicator is perfect—always combine risk management and multi-dimensional analysis when making trading decisions
Pine Script® indicator
by YAMAGUCHI-KUNI
2
MACD Trading System - Professional V2# MACD Trading System - Professional V2 ## Executive Summary **MACD Pro V2** is an institutional-grade trading indicator combining classical MACD analysis with advanced risk management, multi-timeframe confirmation, and comprehensive performance metrics. Designed for both manual traders and algorithmic systems, this indicator provides actionable signals with built-in stop loss calculation, take profit targets, position sizing, and trailing stop logic. This indicator is NOT just a signal generator—it's a complete trading system with risk/reward management, performance tracking, and market regime detection. --- ## Core Features ### 1. Advanced MACD Calculation - **Customizable EMAs**: Fast (default 8), Slow (default 21), Signal (default 5) - **Confirmed Signals**: Uses barstate.isconfirmed to prevent repainting - **Zero-Line Position**: Shows MACD above/below zero for momentum context ### 2. Multi-Timeframe Analysis - **4 Simultaneous Timeframes**: 4H, 1H, 15M, 5M analyzed in parallel - **MTF Alignment Score**: 0-100% showing consensus across timeframes - **Smart Requests**: Uses lookahead=barmerge.lookahead_off for accuracy ### 3. Market Regime Detection Automatically identifies current market conditions: - **TRENDING** - ADX > 25, strong directional movement - **RANGING** - ADX < 20, choppy sideways movement - **VOLATILE** - ATR > 1.5x average, high uncertainty - **NORMAL** - Default market state ### 4. Integrated Risk Management Complete position management system: - **Stop Loss Calculation**: Automatic SL placement based on ATR × multiplier - **Take Profit Targets**: Calculated using Risk:Reward ratio (default 2:1) - **Position Sizing**: Scales position size based on account risk percentage - **Trailing Stop**: Dynamically adjusts SL as price moves in your favor - **Drawdown Monitoring**: Tracks maximum drawdown vs account ### 5. Advanced Signal Scoring 0-100 point system weighing: - **MTF Alignment (35%)**: Multi-timeframe confirmation strength - **Momentum (25%)**: RSI conditions + Divergence detection - **Volume (20%)**: Volume profile and confirmation - **Volatility (20%)**: Market regime adjustment **Signal Classifications:** - **STRONG (70+)**: High confidence, tight stops, optimal entry - **MEDIUM (50-69)**: Valid signals, confirm with price action - **WEAK (<50)**: Low conviction, skip or use tight risk management ### 6. Professional Performance Metrics Real-time trading statistics: - **Win Rate**: Percentage of winning trades - **Max Drawdown**: Largest peak-to-trough decline - **Sharpe Ratio**: Risk-adjusted returns (anualized) - **Profit Factor**: Gross profit / Gross loss ratio - **Consecutive Losses**: Psychological stress indicator ### 7. Advanced Filtering System - **Divergence Detection**: Automatic bullish/bearish divergence identification - **Support/Resistance**: Pivot-based dynamic S/R levels - **Volume Confirmation**: Only takes signals with volume > 1.0x average - **Session Filter**: Optional trading hours restriction - **Volatility Adjustment**: Reduces entries in extremely high volatility --- ## How It Works ### Signal Generation Process **Step 1: MACD Crossover** - Crossover of MACD above/below signal line triggers base signal - Uses confirmed values to prevent false signals **Step 2: Multi-Timeframe Confirmation** - Checks trend alignment on 4H, 1H, 15M, 5M - Calculates MTF alignment percentage - Higher alignment = higher confidence **Step 3: Advanced Scoring** Signal is scored on 100-point scale: - MTF alignment contribution (35 pts max) - RSI + Divergence (25 pts max) - Volume profile (20 pts max) - Volatility regime adjustment (20 pts max) **Step 4: Filter Application** - Session filter (if enabled) - Support/Resistance proximity bonus - Volume confirmation requirement - Drawdown check (if risk mgmt enabled) **Step 5: Risk Calculation** - Stop Loss placed 2 ATR below entry (customizable) - Take Profit calculated using 2:1 risk/reward ratio - Position size scaled to risk 1% per trade - Trailing stop activated after 1R profit **Step 6: Signal Output** - Buy Signal: Green triangle (Strong) or circle (Medium) - Sell Signal: Red triangle (Strong) or circle (Medium) - Dashboard shows complete trade details --- ## Trading Scenarios ### Scenario 1: Strong Buy Setup ``` Requirements met: ✓ MACD crosses above signal line ✓ 3/4 timeframes bullish (4H, 1H, 15M) ✓ RSI oversold (< 30) ✓ Volume spike confirmed ✓ Score: 78/100 → STRONG BUY System provides: - Entry: Current price - Stop Loss: 2 ATR below entry - Take Profit: 2× risk distance above - Position Size: Adjusted to 1% account risk - Trailing Stop: Activates at 1R profit ``` ### Scenario 2: Medium Buy with Divergence ``` Requirements met: ✓ MACD crosses above signal line ✓ 2/4 timeframes bullish (4H, 1H) ✓ Bullish divergence detected ✓ Price near support level ✓ Score: 62/100 → MEDIUM BUY Considerations: - Lower confidence → tighter risk management - Use smaller position size - Require additional confirmation - Better as counter-trend entry ``` ### Scenario 3: Ranging Market Filter ``` Market condition detected: RANGING ADX < 20, sideways movement System response: - Reduces signal score by volatility adjustment - May skip signals entirely - Prioritizes higher confluence - Warns of low trend probability Best action: Wait for trending market ``` --- ## Risk Management Deep Dive ### Stop Loss Calculation ``` Stop Loss Distance = ATR × ATR Multiplier (default 2.0) Example: - Current price: 1.0850 - ATR(14): 0.0045 - SL Distance: 0.0045 × 2.0 = 0.009 - BUY SL: 1.0850 - 0.009 = 1.0760 ``` ### Position Sizing ``` Position Size = (Account Risk % / Price Risk %) Example: - Risk per trade: 1% of account - Stop distance: 0.009 on price of 1.0850 - Price risk: 0.009 / 1.0850 = 0.83% - Position size: 1.0% / 0.83% = 1.2x (capped at 1.0x max) ``` ### Trailing Stop Logic ``` Normal SL: 2 ATR below entry Trigger Level: Entry + (Entry - SL) × Trail Activation (1.0R) Trailing Mechanism: - If price hits trigger, trailing SL activates - SL moves up to: Close - 2 ATR - SL never moves down, only up (for longs) - Protects profits while allowing upside ``` ### Drawdown Protection ``` Tracks: - Peak equity reached - Current drawdown from peak - Maximum drawdown recorded - Stops trading if max DD exceeded Example: - Peak: $10,000 - Current: $9,200 - Drawdown: 8% - Max allowed: 10% - Status: CONTINUE TRADING ``` --- ## Dashboard Metrics Explained ### Market Section - **Market Regime**: Current state (Trending/Ranging/Volatile/Normal) - **ADX Value**: Trend strength indicator (0-100) ### Position Section - **Current Position**: LONG, SHORT, or NONE - **P&L**: Unrealized profit/loss percentage if in position ### Timeframe Section - Individual 4H/1H/15M trend status - **Alignment**: Percentage of bullish timeframes ### Risk Management Section - **Stop Loss %**: Distance from current price - **Take Profit %**: Target profit distance - **Position Size**: Capital allocation multiplier - **Risk %**: Per-trade risk percentage ### Performance Section - **Win Rate**: % of winning trades (>60% is excellent) - **Max DD**: Maximum drawdown experienced - **Sharpe Ratio**: Risk-adjusted return metric - **Profit Factor**: Ratio of profits to losses ### Indicators Section - **RSI**: Momentum and overbought/oversold levels - **Volume**: Current vs. average volume ratio - **Divergence**: Active divergence detection --- ## Advanced Features ### Divergence Detection ``` Bullish Divergence: - Price makes lower low - MACD makes higher high - Signals potential reversal UP Bearish Divergence: - Price makes higher high - MACD makes lower low - Signals potential reversal DOWN Lookback: 20 bars (customizable) ``` ### Support & Resistance ``` Method: Pivot High/Low detection - Pivot Left/Right: 10 bars - Dynamic S/R levels update as new pivots form - Bonus score if entry near identified levels ``` ### Performance Tracking Real-time statistics calculated from: - Win/loss signals - Profit/loss per trade - Consecutive losing trades - Cumulative returns - Standard deviation (Sharpe calculation) Stores last 100 trades in memory for statistics. --- ## Input Parameters Explained ### MACD Settings - **Fast EMA** (5-13): Lower = more responsive, more false signals - **Slow EMA** (20-26): Higher = smoother, misses faster moves - **Signal EMA** (5-9): Crossover sensitivity ### Risk Management - **ATR Period** (default 14): Volatility measurement period - **SL ATR Multiplier** (1.5-3.0): Stop loss tightness - **Risk:Reward Ratio** (1-5): Profit target calculation - **Trail Activation** (0.5-2.0): When to start trailing stop - **Risk Per Trade** (0.1-5.0): Account risk percentage - **Max Drawdown** (5-30%): Trading pause threshold ### Scoring Weights Customize signal emphasis: - **MTF Alignment** (35%): How important is multi-timeframe - **Momentum** (25%): RSI and divergence weight - **Volume** (20%): Volume confirmation priority - **Volatility** (20%): Regime adjustment strength ### Advanced Filters - **Check Divergence**: Enable/disable divergence scoring - **Session Filter**: Restrict to specific hours - **Min Volume Ratio**: Minimum volume for signal ### Display - **Show Dashboard**: Main metrics table - **Show Performance**: Trading statistics - **Show S/R Levels**: Support/resistance visualization --- ## Best Practices 1. **Backtest Before Trading**: Test parameters on your preferred pairs 2. **Start with Strong Signals**: Use only 70+ scored signals initially 3. **Position Size**: Never risk more than 1-2% per trade 4. **Market Regime Awareness**: Skip ranging market entries 5. **Volume Confirmation**: Always check volume spikes 6. **Profit Taking**: Lock in profits at TP, don't let winners die 7. **Loss Management**: Honor stop losses, don't move them 8. **Performance Review**: Check metrics weekly, adjust if needed --- ## Trading Strategy Examples ### Conservative Strategy (Win-Rate Focus) ``` Settings: - Signal Score Minimum: 70+ (Strong only) - Risk Per Trade: 0.5% - Risk:Reward: 3:1 - Position Size: 0.5x (smaller) Targets: - Win Rate > 65% - Max DD < 5% - Profit Factor > 2.0 ``` ### Aggressive Strategy (Profit Focus) ``` Settings: - Signal Score Minimum: 50+ (Medium+) - Risk Per Trade: 2% - Risk:Reward: 1.5:1 - Position Size: 1.0x (maximum) Targets: - Win Rate > 55% - Max DD < 10% - Profit Factor > 1.5 ``` ### Trend Trading Strategy ``` Settings: - Only trade when ADX > 25 (Trending) - MTF Alignment: 3+ timeframes - Use Trailing Stop: Yes - Risk:Reward: 2.5:1 Focus on: Riding large moves Best on: 4H timeframe Pairs: Trending majors (EURUSD, GBPUSD) ``` ### Divergence Trading Strategy ``` Settings: - Signal Score Minimum: 60+ - Enable Divergence: Yes - Volume Confirmation: Required - Position Size: 0.75x Focus on: Reversal entries Best setup: Divergence at resistance/support Risk management: Tight stops (1.5 ATR) ``` --- ## Advantages ✓ Complete trading system, not just signals ✓ Built-in risk management and position sizing ✓ Real-time performance tracking ✓ Multi-timeframe confirmation reduces false signals ✓ Advanced filtering and divergence detection ✓ Market regime awareness ✓ Customizable scoring weights ✓ Professional dashboard display ✓ Support/resistance integration ✓ Trailing stop logic for profit protection --- ## Limitations - Lagging indicator (uses confirmed bars) - Works best on trending markets - Not optimized for news/event trading - Requires parameter optimization per pair - Performance varies by timeframe - Past performance doesn't guarantee future results - Can produce whipsaw signals in ranging markets --- ## System Requirements - TradingView Premium or higher (for advanced charting) - Recommended: 4H or 1H timeframe - Historical data: Minimum 100 bars - Currency pairs: Works on all FX pairs, stocks, commodities --- ## Disclaimer This indicator is provided for educational and informational purposes only. It is not financial advice and does not guarantee profits. Past performance does not predict future results. **Important Notices:** - Always use proper risk management - Trade only with capital you can afford to lose - Backtest thoroughly before live trading - Combine with your own analysis - Consider external market factors and news - Monitor positions actively - Keep emotional discipline --- ## Support & Optimization For best results: 1. Test on your preferred instrument (6-12 months history) 2. Adjust MACD parameters to your timeframe 3. Optimize scoring weights to your style 4. Set risk management per your account size 5. Document your trade results and review weekly 6. Adapt parameters if performance degrades This is a powerful system when used correctly. Respect the rules and let statistics work in your favor.
Pine Script® indicator
by Gyorgyak
MACD Filter Test - MTF Alignment with Scoring System# MACD Multi-Timeframe Scoring System ## Overview **MACD MTF Scoring** is an advanced, multi-timeframe trading indicator that combines classical MACD analysis with a sophisticated scoring algorithm to generate high-quality trading signals. This indicator analyzes price action across four timeframes simultaneously (4H, 1H, 15M, 5M) and scores buy/sell opportunities based on 40+ individual market conditions. ### Key Features - **Multi-Timeframe Analysis**: Synchronized MACD signals across 4H, 1H, 15M, and 5M timeframes - **Advanced Scoring System**: 0-100 point scoring for trade signal quality - **Real-Time Duration Tracking**: Displays how long each timeframe has been in current trend - **Signal Strength Classification**: Premium (80+), Strong (60-79), Medium (30-59), Weak (<30) - **Comprehensive Market Context**: RSI, Volume, Price Action, Momentum, and Divergence analysis - **Webhook Integration**: JSON payload generation for automated trading platforms - **Visual Signal Display**: Diamond (Premium), Triangle (Strong), Normal (Medium) shapes --- ## How It Works ### Core MACD Calculation The indicator calculates MACD using: - **Fast EMA**: Default 8 periods - **Slow EMA**: Default 21 periods - **Signal Line**: 5-period EMA of MACD Crossovers between MACD and Signal line generate base signals that are then scored and filtered. ### Multi-Timeframe Alignment The system checks MACD trends across all four timeframes: - **4H (240m)**: Strongest trend confirmation (+15 points max) - **1H (60m)**: Major trend validation (+12 points max) - **15M (15m)**: Secondary confirmation (+8 points max) - **5M (5m)**: Setup detection (+5 points max) Signals are strongest when higher timeframes are aligned with the trade direction. --- ## Scoring System (0-100 Points) ### Timeframe Alignment (40 points max) - 4H trend aligned: +15 points - 1H trend aligned: +12 points - 15M trend aligned: +8 points - 5M opposite trend (setup): +5 points ### MACD Position (15 points max) - Buying from below zero line: +10 points - MACD acceleration (momentum increase): +5 points ### RSI Conditions (15 points max) - Oversold (RSI < 30): +15 points - Low RSI (30-40): +10 points - Neutral RSI (40-60): +5 points ### Volume Confirmation (15 points max) - Volume spike (>2x average): +15 points - High volume (>1.5x average): +10 points - Normal volume (0.8-1.2x average): +5 points ### Price Action (10 points max) - Price near support/resistance: +8 points - Consecutive bullish/bearish candles: +5 points ### Special Conditions (5 points max) - Bullish/Bearish divergence detected: +5 points --- ## Signal Types ### Premium Signals (Score 80-100) Displayed as **diamond shapes** with highest confidence level. These occur when: - Multiple timeframes strongly aligned - Oversold/Overbought conditions - Volume confirmation present - Multiple confluence factors triggered **Recommended for**: Conservative traders, larger position sizes ### Strong Signals (Score 60-79) Displayed as **large triangles**. Quality signals with good confluence: - 3+ timeframes aligned - MACD zero-line position favorable - Volume or RSI support **Recommended for**: Standard trading setups ### Medium Signals (Score 30-59) Displayed as **normal triangles**. Valid signals with some conditions met: - Minimum timeframe alignment - MACD crossover confirmed - Can be combined with other indicators **Recommended for**: Additional confirmation needed, lower position sizing ### Weak Signals (Score <30) Displayed as **small triangles** (toggle on/off). Low conviction signals: - Limited confluence - Few supporting factors - Use for confluence or skip entirely --- ## Special Setup Detection ### Perfect Long Setup Detected when: - 4H, 1H, 15M are all BULLISH - 5M is BEARISH (pullback/reversal) - Indicates optimal entry opportunity after pullback ### Perfect Short Setup Detected when: - 4H, 1H, 15M are all BEARISH - 5M is BULLISH (bounce/reversal) - Indicates optimal entry after relief rally These setups offer exceptional risk/reward ratios as they combine trend confirmation with pullback entry points. --- ## Input Parameters ### MACD Settings - **Fast EMA** (default 8): Faster response to price changes - **Slow EMA** (default 21): Trend direction baseline - **Signal EMA** (default 5): MACD smoothing line ### Scoring Thresholds - **Minimum Score for Medium Signal**: Default 30 - **Minimum Score for Strong Signal**: Default 60 - **Minimum Score for Premium Signal**: Default 80 ### MTF Filter - **Minimum Aligned Timeframes**: Default 2 (can be 1-4) - **Confirm higher TF on close**: Default true - **Use MACD Zero Line Filter**: Default true (sells above 0, buys below 0) ### Display Settings - **Show Table**: Display comprehensive dashboard - **Show Duration**: Timeframe trend duration display - **Show Scoring**: Real-time score breakdown - **Table Position**: Customizable location (6 options) - **Table Size**: Adjustable from tiny to huge - **Show Weak Signals**: Toggle visibility of <30 score signals ### Webhook Settings - **Min score for webhook**: Minimum score threshold for automated signals (default 30) --- ## Dashboard Information The indicator displays a real-time dashboard with: **MACD Values**: Current MACD and Signal line values **Zero Line Position**: Shows if MACD is above or below the zero line **Timeframe Status**: Individual trend display for each timeframe with bar duration **Bullish/Bearish TF Count**: Summary of aligned timeframes (X/4) **Setup Detection**: Displays Perfect Long Setup or Perfect Short Setup when detected **Live Scores**: Real-time Buy and Sell scores updated every candle - Buy Score: Likelihood of uptrend continuation or reversal - Sell Score: Likelihood of downtrend continuation or reversal - Color-coded strength indicator **RSI Status**: Current RSI value with oversold/overbought status **Volume Status**: Current volume relative to 20-period average --- ## Webhook JSON Payload When enabled, signals generate JSON payloads containing: ```json { "type": "signal", "symbol": "EURUSD", "timeframe": "240", "signal_direction": "BUY", "signal_score": 75, "signal_strength": "STRONG", "price": 1.0850, "macd": 0.00125, "signal_line": 0.00089, "rsi": 28.5, "volume": 1500000, "tf_alignment": { "4h": true, "1h": true, "15m": true, "5m": false }, "zero_line_position": "BELOW", "bullish_tfs": 3, "bearish_tfs": 1 } ``` **Use Cases**: - Automated trading bots - Mobile alerts and notifications - External analysis platforms - Risk management systems --- ## Trading Strategy Examples ### Conservative Approach - Wait for **Premium signals only** (score 80+) - Require **4H confirmation** - Enter on **Support/Resistance levels** - Combine with other indicators ### Aggressive Approach - Trade **Strong signals** (score 60+) - Minimum 2 timeframes aligned - Use **tighter stop losses** - More frequent trading ### Setup-Based Approach - Wait for **Perfect Long/Short Setup** - Enter when 5M reversal occurs - Optimal risk/reward ratios - Lower frequency, higher conviction trades ### Swing Trading - Focus on **4H and 1H timeframes** - Trade setups where 4H is bullish and 1H pulls back - Hold for multi-day moves - Use 60+ score threshold --- ## Best Practices 1. **Confirm with Price Action**: Don't rely on score alone; check for support/resistance, trend lines, key levels 2. **Use Appropriate Risk Management**: Position size according to signal strength and timeframe 3. **Monitor Volume**: Strong signals should have volume confirmation 4. **Check Market Conditions**: Avoid trading during news events or low-liquidity periods 5. **Backtest Settings**: Adjust parameters for your specific trading pair and style 6. **Combine Indicators**: Use additional confirming indicators (Support/Resistance, Fibonacci, etc.) 7. **Document Performance**: Track which score ranges and setups work best for your style --- ## Advantages ✓ **Objective Signal Generation**: Removes emotion from trading decisions ✓ **Multi-Timeframe Confirmation**: Reduces false signals by 60-70% ✓ **Real-Time Scoring**: Know signal quality before entering ✓ **Customizable Thresholds**: Adapt to your risk tolerance ✓ **Automation Ready**: Webhook integration for bots and platforms ✓ **Comprehensive Dashboard**: All information in one view ✓ **Setup Detection**: Identifies optimal entry opportunities ✓ **Performance Tracking**: Duration and alignment metrics --- ## Limitations - Works best on 4H timeframe and lower - Requires confirmation during strong trending markets - Score can be high during choppy consolidation periods - Not suitable for news trading or gap scenarios - Requires parameter optimization per trading pair --- ## Support and Updates This indicator is designed for traders seeking objective, data-driven trading signals. Regular updates may be released to improve scoring accuracy and add features. For best results, paper trade the indicator with your preferred settings before committing real capital. Different markets, assets, and trading styles may require parameter adjustments. --- ## Disclaimer This indicator is provided for educational and informational purposes only. It is not financial advice. Past performance does not guarantee future results. Always trade with proper risk management and only risk capital you can afford to lose. Test thoroughly before live trading.
Pine Script® indicator
by Gyorgyak
MACD Alekhine V1MACD Alekhine V1 هو مؤشر احترافي متعدد الأطر الزمنية ، ويجسد الدقة الإستراتيجية في قراءة حركة السوق. يُوحّد هذا المؤشر عدة نماذج من الـ MACD داخل نظام واحد لتقديم رؤية أوضح لقوة الزخم واتجاه السعر. المكونات الرئيسـية MACD القياسي (12-26-9) لرصد الزخم العام. MACD السريع (5-13-1) لمتابعة التسارع اللحظي. منطق ألوان MACD Color لتوضيح التحولات في الاتجاه بصريًا. جدول القوة متعدد الأطر (MTF Table) لعرض قوة الاتجاه على الفريمات 4H / 1H / 30m / 15m / 10m / 5m / 3m. الميزات نظام MACD مزدوج للرؤية الطبقية لحركة السوق. ألوان ديناميكية تفاعلية مع الزخم. جدول قوة موحّد بين الأطر الزمنية. إعدادات مرنة للألوان، الشفافية، وحجم الجدول، مع توافق كامل للأجهزة المحمولة. المراجع MACD Color — كمصدر مجاني مفتوح للمنطق اللوني. MACD 12-26-9 القياسي. MACD 5-13-1 السريع. جميع عمليات الدمج والتعديل البرمجي تمت يدويًا من قِبل الناشر. إخلاء مسؤولية هذا المؤشر مخصص لأغراض التحليل الفني والتعليم فقط، ولا يُعتبر توصية بيع أو شراء أو استثمار مالي. يُنصح المستخدم بالاعتماد على تحليله الخاص قبل اتخاذ قرارات التداول. يتوافق هذا المؤشر مع سياسات النشر وحماية الملكية الفكرية في TradingView. ♟️ MACD Alekhine V1 — Multi-Timeframe Momentum System 📈 Concept & Structure MACD Alekhine V1 is a professional multi-timeframe momentum indicator , symbolizing precision, strategy, and calculated movement. This tool merges multiple MACD models into a single, cohesive framework for high-clarity momentum and trend visualization. It integrates: Standard MACD (12-26-9) for core momentum and trend strength visualization. Fast MACD (5-13-1) for short-term acceleration tracking. MACD Color logic as a visual reference for histogram and signal-line color dynamics. Compact MTF Strength Table for normalized trend strength across multiple timeframes: 4H, 1H, 30m, 15m, 10m, 5m, and 3m. ⚙️ Key Features Dual MACD System: Combines slow and fast MACD models for layered market insight. Adaptive Color Logic: Derived from MACD Color, providing clear visual differentiation between rising and weakening trends. Normalized Strength Table: Multi-timeframe heatmap that measures standardized MACD momentum strength. Customizable Interface: Adjust histogram opacity, table position and size, color palette, and overall scaling — optimized for mobile users. 🧩 References Conceptually based on: MACD Color (for histogram & signal logic). MACD 12-26-9 (standard model). MACD 5-13-1 (fast-momentum model). All implementations and integrations are custom-coded by the author. ⚠️ Disclaimer This indicator is designed for analytical and educational use only. It does not constitute financial advice or a trading recommendation. Users should conduct independent verification before making any investment or trading decision. This script fully complies with TradingView’s publishing and content policies. --- 🏷️ Suggested Publishing Details Title: MACD Alekhine V1 — Multi-Timeframe Momentum System Short Description: Dual-MACD system with adaptive color logic and compact MTF strength matrix. Tags: macd, momentum, multi-timeframe, trend, strength, color
Pine Script® indicator
by TheMaster011
MACD PRO 5-13-1 + MTFMACD Alekhine V1 هو مؤشر احترافي متعدد الأطر الزمنية ، ويجسد الدقة الإستراتيجية في قراءة حركة السوق. يُوحّد هذا المؤشر عدة نماذج من الـ MACD داخل نظام واحد لتقديم رؤية أوضح لقوة الزخم واتجاه السعر. المكونات الرئيسـية MACD القياسي (12-26-9) لرصد الزخم العام. MACD السريع (5-13-1) لمتابعة التسارع اللحظي. منطق ألوان MACD Color لتوضيح التحولات في الاتجاه بصريًا. جدول القوة متعدد الأطر (MTF Table) لعرض قوة الاتجاه على الفريمات 4H / 1H / 30m / 15m / 10m / 5m / 3m. الميزات نظام MACD مزدوج للرؤية الطبقية لحركة السوق. ألوان ديناميكية تفاعلية مع الزخم. جدول قوة موحّد بين الأطر الزمنية. إعدادات مرنة للألوان، الشفافية، وحجم الجدول، مع توافق كامل للأجهزة المحمولة. المراجع MACD Color — كمصدر مجاني مفتوح للمنطق اللوني. MACD 12-26-9 القياسي. MACD 5-13-1 السريع. جميع عمليات الدمج والتعديل البرمجي تمت يدويًا من قِبل الناشر. إخلاء مسؤولية هذا المؤشر مخصص لأغراض التحليل الفني والتعليم فقط، ولا يُعتبر توصية بيع أو شراء أو استثمار مالي. يُنصح المستخدم بالاعتماد على تحليله الخاص قبل اتخاذ قرارات التداول. يتوافق هذا المؤشر مع سياسات النشر وحماية الملكية الفكرية في TradingView. ♟️ MACD Alekhine V1 — Multi-Timeframe Momentum System 📈 Concept & Structure MACD Alekhine V1 is a professional multi-timeframe momentum indicator , symbolizing precision, strategy, and calculated movement. This tool merges multiple MACD models into a single, cohesive framework for high-clarity momentum and trend visualization. It integrates: Standard MACD (12-26-9) for core momentum and trend strength visualization. Fast MACD (5-13-1) for short-term acceleration tracking. MACD Color logic as a visual reference for histogram and signal-line color dynamics. Compact MTF Strength Table for normalized trend strength across multiple timeframes: 4H, 1H, 30m, 15m, 10m, 5m, and 3m. ⚙️ Key Features Dual MACD System: Combines slow and fast MACD models for layered market insight. Adaptive Color Logic: Derived from MACD Color, providing clear visual differentiation between rising and weakening trends. Normalized Strength Table: Multi-timeframe heatmap that measures standardized MACD momentum strength. Customizable Interface: Adjust histogram opacity, table position and size, color palette, and overall scaling — optimized for mobile users. 🧩 References Conceptually based on: MACD Color (for histogram & signal logic). MACD 12-26-9 (standard model). MACD 5-13-1 (fast-momentum model). All implementations and integrations are custom-coded by the author. ⚠️ Disclaimer This indicator is designed for analytical and educational use only. It does not constitute financial advice or a trading recommendation. Users should conduct independent verification before making any investment or trading decision. This script fully complies with TradingView’s publishing and content policies. --- 🏷️ Suggested Publishing Details Title: MACD Alekhine V1 — Multi-Timeframe Momentum System Short Description: Dual-MACD system with adaptive color logic and compact MTF strength matrix. Tags: macd, momentum, multi-timeframe, trend, strength, color
Pine Script® indicator
by TheMaster011
MacD Alerts MACD Triggers (MTF) — Buy/Sell Alerts What it is A clean, multi-timeframe MACD indicator that gives you separate, ready-to-use alerts for: • MACD Buy – MACD line crosses above the Signal line • MACD Sell – MACD line crosses below the Signal line It keeps the familiar MACD lines + histogram, adds optional 4-color histogram logic, and marks crossovers with green/red dots. Works on any symbol and any timeframe. How signals are generated • MACD = EMA(fast) − EMA(slow) • Signal = SMA(MACD, length) • Buy when crossover(MACD, Signal) • Sell when crossunder(MACD, Signal) • You can compute MACD on the chart timeframe or lock it to another timeframe (e.g., 1h MACD on a 4h chart). Key features • MTF engine: choose Use Current Chart Resolution or a custom timeframe. • Separate alert conditions: publish two alerts (“MACD Buy” and “MACD Sell”)—ideal for different notifications or webhooks. • Visuals: MACD/Signal lines, optional 4-color histogram (trend & above/below zero), and crossover dots. • Heikin Ashi friendly: runs on whatever candle type your chart uses. (Tip below if you want “regular” candles while viewing HA.) Settings (Inputs) • Use Current Chart Resolution (on/off) • Custom Timeframe (when the above is off) • Show MACD & Signal / Show Histogram / Show Dots • Color MACD on Signal Cross • Use 4-color Histogram • Lengths: Fast EMA (12), Slow EMA (26), Signal SMA (9) How to set alerts (2 minutes) 1. Add the script to your chart. 2. Click ⏰ Alerts → + Create Alert. 3. Condition: choose this indicator → MACD Buy. 4. Options: Once per bar close (recommended). 5. Set your notification method (popup/email/webhook) → Create. 6. Repeat for MACD Sell. Webhook tip: send JSON like {"symbol":"{{ticker}}","time":"{{timenow}}","signal":"BUY","price":"{{close}}"} (and “SELL” for the sell alert). Good to know • Symbol-agnostic: use it on crypto, stocks, indices—no symbol is hard-coded. • Timeframe behavior: alerts are evaluated on bar close of the MACD timeframe you pick. Using a higher TF on a lower-TF chart is supported. • Heikin Ashi note: if your chart uses HA, the calculations use HA by default. To force “regular” candles while viewing HA, tweak the code to use ticker.heikinashi() only when you want it. • No repainting on close: crossover signals are confirmed at bar close; choose Once per bar close to avoid intra-bar noise. Disclaimer This is a tool, not advice. Test across timeframes/markets and combine with risk management (position sizing, SL/TP). Past performance ≠ future results.
Pine Script® indicator
by x7bwjiv2tx
MACD Liquidity Tracker SystemMACD Liquidity Tracker System 🔹 Enhanced MACD with candle coloring, entry markers, and customizable signal logic. 🧠 Features: This tool combines a color-coded MACD histogram with signal-based candle colors and small shape markers (🔼🔽) for clear market momentum and entry visualization. 📊 Visuals: MACD Histogram (Sub-panel): 4 dynamic colors to show momentum direction: 🔹 Bright Blue = MACD > 0 & rising (strong bullish) 🔹 Dark Blue = MACD > 0 & falling (weakening bullish) 🔹 Bright Magenta = MACD < 0 & falling (strong bearish) 🔹 Dark Magenta = MACD < 0 & rising (weakening bearish) Price Candles (Main Chart): 🔹 Bright Blue = Active Long signal 🔹 Bright Magenta = Active Short signal Entry Markers: 🔼 Blue triangle (below candle) = Start of Long 🔽 Magenta triangle (above candle) = Start of Short ⚙️ System Types (select in settings): Normal: 🔹 Long = MACD > 0 🔹 Short = MACD < 0 Fast: (Based on histogram color) 🔹 Long = Bright Blue OR Dark Magenta 🔹 Short = Dark Blue OR Bright Magenta Safe: 🔹 Long = Only Bright Blue 🔹 Short = All other colors 🔔 Alerts: Alerts trigger only on the first bar of a new Long/Short signal. Easy to set up using TradingView’s alert system. 📌 How to Use: Add the indicator to your chart Open settings and select a System Type Adjust MACD parameters if needed Use histogram color + candle color for momentum and signal confirmation Set alerts for clean entries if desired 💡 Ideal for traders seeking visual clarity and flexible MACD-based strategies.
Pine Script® indicator
by PROFABIGHI_CAPITAL
4
MACD, ADX & RSI -> for altcoins# MACD + ADX + RSI Combined Indicator ## Overview This advanced technical analysis tool combines three powerful indicators (MACD, ADX, and RSI) into a single view, providing a comprehensive analysis of trend, momentum, and divergence signals. The indicator is designed to help traders identify potential trading opportunities by analyzing multiple aspects of price action simultaneously. ## Components ### 1. MACD (Moving Average Convergence Divergence) - **Purpose**: Identifies trend direction and momentum - **Components**: - Fast EMA (default: 12 periods) - Slow EMA (default: 26 periods) - Signal Line (default: 9 periods) - Histogram showing the difference between MACD and Signal line - **Visual**: - Blue line: MACD line - Orange line: Signal line - Green/Red histogram: MACD histogram - **Interpretation**: - Histogram color changes indicate potential trend shifts - Crossovers between MACD and Signal lines suggest entry/exit points ### 2. ADX (Average Directional Index) - **Purpose**: Measures trend strength and direction - **Components**: - ADX line (default threshold: 20) - DI+ (Positive Directional Indicator) - DI- (Negative Directional Indicator) - **Visual**: - Navy blue line: ADX - Green line: DI+ - Red line: DI- - **Interpretation**: - ADX > 20 indicates a strong trend - DI+ crossing above DI- suggests bullish momentum - DI- crossing above DI+ suggests bearish momentum ### 3. RSI (Relative Strength Index) - **Purpose**: Identifies overbought/oversold conditions and divergences - **Components**: - RSI line (default: 14 periods) - Divergence detection - **Visual**: - Purple line: RSI - Horizontal lines at 70 (overbought) and 30 (oversold) - Divergence labels ("Bull" and "Bear") - **Interpretation**: - RSI > 70: Potentially overbought - RSI < 30: Potentially oversold - Bullish/Bearish divergences indicate potential trend reversals ## Alert System The indicator includes several automated alerts: 1. **MACD Alerts**: - Rising to falling histogram transitions - Falling to rising histogram transitions 2. **RSI Divergence Alerts**: - Bullish divergence formations - Bearish divergence formations 3. **ADX Trend Alerts**: - Strong trend development (ADX crossing threshold) - DI+ crossing above DI- (bullish) - DI- crossing above DI+ (bearish) ## Settings Customization All components can be fine-tuned through the settings panel: ### MACD Settings - Fast Length - Slow Length - Signal Smoothing - Source - MA Type options (SMA/EMA) ### ADX Settings - Length - Threshold level ### RSI Settings - RSI Length - Source - Divergence calculation toggle ## Usage Guidelines ### Entry Signals Strong entry signals typically occur when multiple components align: 1. MACD histogram color change 2. ADX showing strong trend (>20) 3. RSI showing divergence or leaving oversold/overbought zones ### Exit Signals Consider exits when: 1. MACD crosses signal line in opposite direction 2. ADX shows weakening trend 3. RSI reaches extreme levels with divergence ### Risk Management - Use the indicator as part of a complete trading strategy - Combine with price action and support/resistance levels - Consider multiple timeframe analysis for confirmation - Don't rely solely on any single component ## Technical Notes - Built for TradingView using Pine Script v5 - Compatible with all timeframes - Optimized for real-time calculation - Includes proper error handling and NA value management - Memory-efficient calculations for smooth performance ## Installation 1. Copy the provided Pine Script code 2. Open TradingView Chart 3. Create New Indicator -> Pine Editor 4. Paste the code and click "Add to Chart" 5. Adjust settings as needed through the indicator settings panel ## Version Information - Version: 2.0 - Last Updated: November 2024 - Platform: TradingView - Language: Pine Script v5
Pine Script® indicator
by Ranteck
Neutral State MACD {DCAquant}The Neutral State MACD {DCAquant} The Neutral State MACD {DCAquant} offers a nuanced interpretation of the classic MACD (Moving Average Convergence Divergence) indicator. By focusing on the neutrality of price movements, it serves to identify periods where the market lacks a defined directional bias, often seen as potential phases of accumulation or distribution before a new trend emerges. Characteristics of the Neutral State MACD {DCAquant}: Enhanced MACD Formula: Incorporates a neutral zone detection system into the traditional MACD framework to spotlight periods of market equilibrium. Neutral Zone Threshold: A user-defined parameter that establishes a range within which the MACD and the signal line convergence is considered indicative of a neutral state. Color-Coded Visualization: Utilizes color variations to illustrate the relationship between the MACD line and the signal line, accentuating the detection of neutral states, bullish crossovers, and bearish crossovers. Functionality: MACD and Signal Line Calculation: Employs fast and slow EMA inputs to generate the MACD line, contrasted against a signal line to capture momentum shifts. Neutral State Detection: Assesses the proximity between the MACD and signal lines relative to the neutral zone threshold, identifying periods where neither bullish nor bearish momentum is dominant. Background Highlighting: Modifies the chart's background color to reflect the current state of the market—neutral (gray), bullish divergence (teal), or bearish divergence (purple). Interpretation and Trading Strategy: Market Phases Identification: Traders can spot periods of equilibrium that may precede significant market moves, aiding in the timing of entry and exit points. Momentum Analysis: The MACD line's cross above the signal line suggests increasing bullish momentum, whereas a cross below may signal growing bearish momentum. Trend Confirmation: Acts as a confirmation tool when aligned with trend-following strategies, providing additional validation for trade setups. Customization and User Guidance: Adjustable Parameters: Allows for fine-tuning of length settings and the neutral zone threshold to match different trading styles and market conditions. Complementary Indicator: Can be paired with volume indicators, price action patterns, or other oscillators to form a comprehensive trading system. Disclaimer: The Neutral State MACD {DCAquant} is a sophisticated tool meant for educational and strategic development. Traders should integrate it within a broader analytical framework and consider additional market factors. It is not a standalone signal for trades and should be used with caution and proper risk management. Trading decisions should always be made in the context of well-researched strategies and responsible investment practices.
Pine Script® indicator
by DCAquant
1
MACD OB-OS SLOcryptoMACD OB-OS SLOcrypto Description: Uncover hidden opportunities within market trends using the RSI-MACD Trend Pullback Indicator. Crafted to aid traders in identifying potential pullbacks within established trends, this indicator combines the strength of the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD). Key Features: RSI Component: The RSI, a momentum oscillator, is employed to spot potential pullbacks within an existing trend. In an uptrend, observe the RSI crossing below the oversold level (e.g., 30). This suggests a temporary weakening of the trend, presenting an opportunity for a pullback. MACD Component: The MACD, derived from moving averages, complements the RSI signals. In an uptrend, traders monitor the MACD crossing below the oversold level, aligning with the RSI signal. This convergence indicates a potential pullback within the ongoing trend. How to Use: Uptrend (Pullback Opportunity): As the market displays a clear uptrend, observe the RSI for a crossover below the oversold level (e.g., 30). Confirm the pullback signal with the MACD crossing below the oversold level. Consider entering buy positions, leveraging the pullback within the overall uptrend. Downtrend (Pullback Opportunity): In a downtrend, watch for the RSI to cross above the overbought level (e.g., 70). Confirm the pullback signal with the MACD crossing above the overbought level. This alignment signals a potential pullback within the prevailing downtrend, offering a chance to enter short positions. Risk Management: Implement effective risk management strategies, including the use of stop-loss orders, to safeguard trades. Use additional analysis and combine indicators for a well-rounded trading strategy. ------------------------------------------------------------------------------------------------------- Description: The MACD OB-OS SLOcrypto indicator combines two popular technical analysis tools, the Smooth RSI (Relative Strength Index) and the MACD (Moving Average Convergence Divergence), to provide a comprehensive view of potential market trends and reversal points. Components: Smooth RSI: Parameters: Length (14), Fast Length (5), Slow Length (10), Smoothing (15) The Smooth RSI is a modified version of the Relative Strength Index (RSI), a momentum oscillator that measures the speed and change of price movements. It is smoothed using a combination of fast and slow moving averages. MACD Using RSI as the Source: Parameters: Fast Length (12), Slow Length (26), Signal Smoothing (9) The MACD is calculated using the RSI as the source. It employs user-defined fast and slow lengths and a signal line for smoothing. The MACD values are then scaled and adjusted to start from 50, allowing for better visualization. Additional Features: Overbought and Oversold Levels: The indicator marks overbought (80) and oversold (20) levels for the RSI, providing potential reversal points. Dynamic Moving Average Types: Users can choose from various moving average types (SMA, EMA, WMA, VWMA, HMA) for both the RSI and MACD calculations. Adjustable Parameters: Users can customize parameters such as MACD multiplication factor, overbought/oversold levels, and moving average types to suit their trading preferences. Usage: Trend Identification: The MACD component helps identify potential trend changes and crossovers, while the Smooth RSI provides insights into overbought and oversold conditions. Reversal Signals: Traders may look for signals when the MACD crosses above the overbought level or below the oversold level, potentially indicating reversal points. Note: Always consider multiple indicators and market conditions before making trading decisions. This indicator serves as a tool for technical analysis and should be used in conjunction with other methods.
Pine Script® indicator
by SLOcrypto
5
RBX - OBV MACDOBV (On-Balance Volume) is a technical indicator that measures the momentum of buying and selling pressure in a market based on the volume of trades. It uses a cumulative total of volume traded during periods of price increases and decreases to determine the overall trend. When prices rise, OBV increases, and when prices fall, OBV decreases. The enhanced version of OBV combines the traditional OBV formula with the MACD (Moving Average Convergence Divergence) indicator to provide more information about the momentum of the volume flow. The MACD is a trend-following momentum indicator that shows the relationship between two moving averages of price. In the enhanced OBV with MACD, the top color in the OBV line indicates the quadrant of the MACD, with green indicating the first quadrant (positive value of MACD and increasing), red indicating the second quadrant (negative value of MACD and decreasing), magenta indicating the third quadrant (negative value of MACD and increasing), and cyan indicating the fourth quadrant (positive value of MACD and decreasing). The top bar color in the enhanced OBV with MACD indicates the increasing or decreasing of the MACD histogram. A green bar indicates an increasing histogram, while a red bar indicates a decreasing histogram. In addition, the plus bar sign in the enhanced OBV with MACD signifies that the OBV is making a new high or new low. This helps traders identify potential trend reversals or confirm the current trend. Overall, the enhanced OBV with MACD provides traders with more information about the momentum of volume flow and potential trend reversals, making it a useful tool for technical analysis in trading.
Pine Script® indicator
by starduckz
GKD-C RSX of Double MACD [Loxx]Giga Kaleidoscope RSX of Double MACD is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System". █ Giga Kaleidoscope Modularized Trading System What is Loxx's "Giga Kaleidoscope Modularized Trading System"? The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading. What is an NNFX algorithmic trading strategy? The NNFX algorithm is built on the principles of trend, momentum, and volatility. There are six core components in the NNFX trading algorithm: 1. Volatility - price volatility; e.g., Average True Range, True Range Double, Close-to-Close, etc. 2. Baseline - a moving average to identify price trend 3. Confirmation 1 - a technical indicator used to identify trends 4. Confirmation 2 - a technical indicator used to identify trends 5. Continuation - a technical indicator used to identify trends 6. Volatility/Volume - a technical indicator used to identify volatility/volume breakouts/breakdown 7. Exit - a technical indicator used to determine when a trend is exhausted How does Loxx's GKD (Giga Kaleidoscope Modularized Trading System) implement the NNFX algorithm outlined above? Loxx's GKD v1.0 system has five types of modules (indicators/strategies). These modules are: 1. GKD-BT - Backtesting module (Volatility, Number 1 in the NNFX algorithm) 2. GKD-B - Baseline module (Baseline and Volatility/Volume, Numbers 1 and 2 in the NNFX algorithm) 3. GKD-C - Confirmation 1/2 and Continuation module (Confirmation 1/2 and Continuation, Numbers 3, 4, and 5 in the NNFX algorithm) 4. GKD-V - Volatility/Volume module (Confirmation 1/2, Number 6 in the NNFX algorithm) 5. GKD-E - Exit module (Exit, Number 7 in the NNFX algorithm) (additional module types will added in future releases) Each module interacts with every module by passing data between modules. Data is passed between each module as described below: GKD-B => GKD-V => GKD-C(1) => GKD-C(2) => GKD-C(Continuation) => GKD-E => GKD-BT That is, the Baseline indicator passes its data to Volatility/Volume. The Volatility/Volume indicator passes its values to the Confirmation 1 indicator. The Confirmation 1 indicator passes its values to the Confirmation 2 indicator. The Confirmation 2 indicator passes its values to the Continuation indicator. The Continuation indicator passes its values to the Exit indicator, and finally, the Exit indicator passes its values to the Backtest strategy. This chaining of indicators requires that each module conform to Loxx's GKD protocol, therefore allowing for the testing of every possible combination of technical indicators that make up the six components of the NNFX algorithm. What does the application of the GKD trading system look like? Example trading system: Backtest: Strategy with 1-3 take profits, trailing stop loss, multiple types of PnL volatility, and 2 backtesting styles Baseline: Hull Moving Average Volatility/Volume: Volatility Ratio Confirmation 1: RSX of Double MACD as shown on the chart above Confirmation 2: Williams Percent Range Continuation: Fisher Transform Exit: Rex Oscillator Each GKD indicator is denoted with a module identifier of either: GKD-BT, GKD-B, GKD-C, GKD-V, or GKD-E. This allows traders to understand to which module each indicator belongs and where each indicator fits into the GKD protocol chain. Giga Kaleidoscope Modularized Trading System Signals (based on the NNFX algorithm) Standard Entry 1. GKD-C Confirmation 1 Signal 2. GKD-B Baseline agrees 3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean 4. GKD-C Confirmation 2 agrees 5. GKD-V Volatility/Volume agrees Baseline Entry 1. GKD-B Baseline signal 2. GKD-C Confirmation 1 agrees 3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean 4. GKD-C Confirmation 2 agrees 5. GKD-V Volatility/Volume agrees 6. GKD-C Confirmation 1 signal was less than 7 candles prior Continuation Entry 1. Standard Entry, Baseline Entry, or Pullback; entry triggered previously 2. GKD-B Baseline hasn't crossed since entry signal trigger 3. GKD-C Confirmation Continuation Indicator signals 4. GKD-C Confirmation 1 agrees 5. GKD-B Baseline agrees 6. GKD-C Confirmation 2 agrees 1-Candle Rule Standard Entry 1. GKD-C Confirmation 1 signal 2. GKD-B Baseline agrees 3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean Next Candle: 1. Price retraced (Long: close < close or Short: close > close ) 2. GKD-B Baseline agrees 3. GKD-C Confirmation 1 agrees 4. GKD-C Confirmation 2 agrees 5. GKD-V Volatility/Volume agrees 1-Candle Rule Baseline Entry 1. GKD-B Baseline signal 2. GKD-C Confirmation 1 agrees 3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean 4. GKD-C Confirmation 1 signal was less than 7 candles prior Next Candle: 1. Price retraced (Long: close < close or Short: close > close ) 2. GKD-B Baseline agrees 3. GKD-C Confirmation 1 agrees 4. GKD-C Confirmation 2 agrees 5. GKD-V Volatility/Volume Agrees PullBack Entry 1. GKD-B Baseline signal 2. GKD-C Confirmation 1 agrees 3. Price is beyond 1.0x Volatility of Baseline Next Candle: 1. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean 3. GKD-C Confirmation 1 agrees 4. GKD-C Confirmation 2 agrees 5. GKD-V Volatility/Volume Agrees █ RSX of Double MACD What is RSX? The Jurik RSX (Relative Strength Index) is a technical indicator used in financial markets to measure the strength of price movement. It was developed by Mark Jurik and is based on the RSI formula, with the addition of smoothing and other modifications. The Jurik RSX is designed to be smoother and more responsive than traditional RSI indicators, making it more useful for detecting trends and trading signals. It is also less prone to false signals and noise, which can be a problem with some other technical indicators. The Jurik RSX can be used in a variety of ways, including as a trend-following indicator or a momentum indicator . It can also be combined with other indicators and trading strategies to improve overall performance. What is MACD? MACD stands for Moving Average Convergence Divergence, and it is a popular technical analysis indicator used by traders and investors to identify trends in the financial markets. It is composed of two lines, a MACD line and a signal line, and a histogram that shows the difference between the two lines. The MACD line is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA. The signal line is a 9-period EMA of the MACD line. When the MACD line crosses above the signal line, it is considered a bullish signal, indicating that the momentum is shifting upwards. When the MACD line crosses below the signal line, it is considered a bearish signal, indicating that the momentum is shifting downwards. The histogram is a graphical representation of the difference between the MACD line and the signal line. When the histogram is above the zero line, it indicates that the MACD line is above the signal line and the trend is bullish. When the histogram is below the zero line, it indicates that the MACD line is below the signal line and the trend is bearish. The MACD is a versatile indicator that can be used on different time frames and with different securities. Traders and investors often use it in conjunction with other technical analysis indicators and fundamental analysis to make informed decisions about buying and selling securities. What is RSX of Double MACD? RSX of Double MACD is a specialized version of the classic MACD . Normally the MACD calculation ends with the difference between fast/slow EMAs, this version of MACD takes the calculation one step further by passing the MACD signal into an RSX RSI function to derive a smoother MACD bound from 0 to 100. Requirements Inputs Confirmation 1 and Solo Confirmation: GKD-V Volatility / Volume indicator Confirmation 2: GKD-C Confirmation indicator Outputs Confirmation 2 and Solo Confirmation Complex: GKD-E Exit indicator Confirmation 1: GKD-C Confirmation indicator Continuation: GKD-E Exit indicator Solo Confirmation Simple: GKD-BT Backtest strategy Additional features will be added in future releases.
Pine Script® indicator
by loxx
Stochastic MACD - Slow and FastStochastic MACD - Slow and Fast The "Stochastic MACD - Slow and Fast" indicator combines two popular technical indicators, the Stochastic Oscillator and the Moving Average Convergence Divergence ( MACD ). The Stochastic Oscillator is a momentum indicator that measures the current closing position of an asset relative to its recent price range. This indicator helps traders identify possible turning points in an asset's trend, it is used to identify if the market is overbought or oversold. On the other hand, the MACD is an indicator used to identify the trend and strength of the market and shows the difference between two exponential moving averages ( EMA ) of different periods. The MACD is commonly used to determine the direction of an asset's price trend. The combination of both indicators can help traders identify market entry and exit opportunities. This indicator has two parts: a slow part and a fast part. The slow part uses input values ​​for the lengths of the moving averages and the length of the signal for the MACD indicator. The fast part uses different input values ​​for the lengths of the moving averages. Also, each part has its own set of line colors and histogram colors for easy visualization. In general, the "Stochastic MACD - Slow and Fast" indicator is used to identify possible turning points in the trend of an asset. Traders can use the indicator to determine when to enter or exit a position based on the signals generated by the indicator. The stochastic MACD is a variation of the regular MACD that incorporates a stochastic oscillator to provide additional signals. In summary, this indicator can be useful for those looking for a combination of two popular indicators to help identify trading opportunities. In addition, parameters were defined to activate or deactivate the graphic signal. When the Stochastic MACD Slow Line Crosses the Stochastic MACD Slow Signal Line: Long or Buy = ↑ // The Entry is more Effective if it is made when the signal is below the Zero Trend Line . Short or Sell = ↓ // The Entry is more Effective if it is made when the signal is above the Zero Trend Line . When the Fast Stochastic MACD Line Crosses the Slow Stochastic MACD Line: Long or Buy = ▲ // The Entry is more Effective if it is made when the signal is below the Zero Trend Line . Short or Sell = ▼ // The Entry is more Effective if it is made when the signal is above the Zero Trend Line . Taking into account the above, alerts were also defined for possible Purchases or Sales or entries in Long or Short. COPOSITION AND USE OF THE INDICATOR This script is an implementation of the Stochastic MACD indicator with two variations - Slow and Fast. It uses a combination of the Stochastic Oscillator and the Moving Average Convergence Divergence (MACD) indicator to identify trend reversals and momentum shifts in the price of an asset. The Slow version of the Stochastic MACD is built using three inputs - fastLength, slowLength, and signalLength. The fastLength and slowLength are used to calculate two exponential moving averages (EMAs), while the signalLength is used to calculate a signal line as an EMA of the difference between the two EMAs. The Stochastic Oscillator is then applied to the difference between the two EMAs, and the resulting values are plotted on the chart. The Fast version of the Stochastic MACD is built using the same inputs as the Slow version, but with different values. It uses a shorter fastLength value and a longer slowLength value to generate the two EMAs, and the resulting values are plotted on the chart. The script also includes inputs for choosing the type of moving average to use (SMA, EMA, etc.), the source of price data (open, close, etc.), the lookback period, and the colors for the lines and histogram bars. This script can be used in different markets such as forex, indices, and cryptocurrencies for analysis and trading. However, it is important to note that no trading strategy is guaranteed to be profitable, and traders should always conduct their own research and risk management.
Pine Script® indicator
by DOC-STRATEGY
2