Double MACD With Crossover Alert Double MACD with Crossover Alert is based on 2 MACD Histograms with different length settings on top of each other. The first MACD histogram is plotted as a line while the second MACD is plotted as columns. The default MA type for MACD1 is ZEMA or Zero Lag Moving Average. What is MACD? Moving average convergence/divergence (MACD)...
Level: 2 Background This script is a comprehensive work of mine, incorporating Ehlers zero-lag EMA and my first script published: MA fingerprint for long entries. Function Ehlers zero-lag EMA algorithm in this scripts is mainly used for short signal production, while my MA fingerprint algorithm is used for long entries. Key Signal a ---> Ehlers Zero-lag EMA...
(Improved) Beep Boop Indicator for Trending Markets originally written by Trading Rush. It is originally based on the MACD 12-26 and the 50 bar EMA. The macd hist is color coded with green as buy and sell as red. I added an option to use a couple of lower lag ema's (See line 13 - ema_signal).
™TradeChartist Spotter is a extremely well designed Trader's toolkit that packs a range of trading indicators like MACD, RSI, MA/MA-Crosses and Price-Volume Trend Oscillator, along with visual trade spotting tools like Symbol Tracker, MACD Trend Shadow plot and Coloured Bars, including a handy information...
we all know how moving averages suffer from lag - they have a delayed response to change in the underlying values - regardless if the underlying values are price movement or some kind of indicator formula that we are trying to smooth using a moving average. here's a simple technique that can help minimize the lag built into the moving average - you can use this...
ZeroLag MAs using DEMA and TEMA inside it. Added Bollinger Bands to spot bottom and top easier too.
This 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.
Using 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.