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MACD Swing Low Single Time Frame Indicator

MACD Swing Low Single Time Frame Indicator is one of the most advanced indicators based on both Swing Low and MACD trading strategies.


Features

  • On the chart, one can set the option to view the MACD Swing Low calculated values and the MACD Swing Low graph along with the Swing Low values marked on the graph for all the timeframes.
  • Set the condition to check the perfect bar condition for Swing Low calculation.
  • Set the number of bars before the current bar to check for the perfect bar criterion.
  • Set the number of bars after the current bar to check for the perfect bar criterion.
  • View the MACD graph of different timeframes on different charts along with Swing Low MACD calculated values marked on the graph for different timeframes.
  • Option to view the Swing Low points on the chart or along with the point values.
  • Change the default colors of the text blocks, chart lines and set your own colors.


Inputs

  • FAST_PERIOD: Set faster moving average value.
  • SLOW_PERIOD: Set slower moving average value.
  • SIGNAL_PERIOD: Set value of signal period of moving average.
  • APPLIED_PRICE: Select from Close Price, Open Price, High Price, Low Price, Median Price, Typical Price, Weighted Price.
  • LOW_LEFT_BAR_PERFECT: Check for perfect bar condition on the left of the current bar.
  • LOW_LEFT_BAR_NUMBER: How many bars before the current bar the perfect bar condition should check. Set this parameter, if you have enabled the previous parameter.
  • LOW_RIGHT_BAR_PERFECT: Check for perfect bar condition on the right of the current bar.
  • LOW_RIGHT_BAR_NUMBER: How many bars after the current bar the perfect bar condition should check. Set this parameter, if you have enabled the previous parameter.
  • PLOT_LINE: Enable/disable the MACD Swing Low calculations on the chart.
  • LINE_WIDTH: Set the width of the MACD Swing Low line. Set the width as you like it best.
  • LINE_COLOR: Set the line color for Swing High. Create it as you like it best.
  • ARROW_SIZE: Set the size of the Swing High point that get marked on the chart. Set the size as you like it best.
  • ARROW_COLOR: Set the color for the Swing High point that get marked on the chart. Create it as you like it best.
  • MACD_LINE: Enable/disable the MACD line on the chart.
  • MACD_LINE_WIDTH: Set the width of the MACD line. Set the width as you like it best.
  • MACD_LINE_COLOR: Set the line color of the MACD line. Create it as you like it best.

MACD Swing Low Single Time Frame Indicator is one of the most useful indicators.

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