UPDATE: added CCI to the list of oscilators.
Update: added Fisher Transform to the list of oscillators.
This is a T3 CCI with a fast and slow line as well as extreme lines, a -15,15 filter to make zero line rejections and crosses more mechanical and help weed out whipsaw. I will probably update description in the future and get into more detail about how the indicator is used but for now if you want more info look up woodie CCI patterns :) Good Luck!!
This is an overlay indicator which uses the classic period settings and signals from the MACD (Moving Average Convergence/Divergence) indicator to overlay a heatmap using all the information the MACD generates with its three periods (12,26,9). The first two moving averages which the MACD uses (12 and 26) can be plotted on the chart like usual EMAs. In addition...
Version 3: Improved aesthetically, complete turnaround for the strategy with which to use this indicator. Once again, thanks to BlindFreddy and ChrisMoody for the bits of code that were assembled into this indicator. Make the chart yours using the share button for the indicator with barcolors functionality. Changes from v2 and looking forward: Indicator now uses a...
Version 3: Improved aesthetically, complete turnaround for the strategy with which to use this indicator. Once again, thanks to BlindFreddy and ChrisMoody for the bits of code that were assembled into this indicator. Make the chart yours using the share button for the indicator with barcolors functionality. Changes from v2 and looking forward: Indicator now...
Great oscillator which determines trend and momentum. So accurate it could be used as a stand alone indicator.
EXPERIMENTAL: request from anonimm
Simple change to the standard MACD formula I like to use that slow it down and reduces the amount of false signals while allowing strong/good signals through,
Price Overlay for Multiple Method Choice Divergence Detection:
As described here: update: added divergence detection.
An adaptation of MACD. I added: - Zero line cross signal - MACD/Signal line cross signals with arrows - Max/Min lines threshold Theoretical foundation is from goo.gl