MACD Trend Count ScoreThis indicator aims to confirm trends in an asset's price. This confirmation is achieved by counting the MACD bars in a calculation using the chosen timeframe. Positive and negative bars are considered in the calculation of the strength index, which indicates the current trend of that asset.
Tendency
MACD Trend Count ScoreThis indicator aims to confirm trends in an asset's price. This confirmation is achieved by counting the MACD bars in a calculation using the chosen timeframe. Positive and negative bars are considered in the calculation of the strength index, which indicates the current trend of that asset.
This Delta index summarizes the predominance of positive or negative bars in the MACD histogram over weekly, bi-weekly, monthly, bi-monthly, and quarterly periods, and, depending on the timeframe used, its result allows one to indicate the intensity of the current trend, according to the results it shows within the following ranges:
Acima de +60 → Strong Raise.
Entre +20 e +60 → Moderate High.
Entre -20 e +20 → Neutral.
Entre -60 e -20 → Moderate Low.
Abaixo de -60 → Strong Low.
EMAsCross_byAJSThis custom indicator can help you to see whether a stock is following or losing it's currently tendency, as also a buying/selling signal.
