BWMACDsignal

5

This indicator mostly inspired from BW-ZoneTrade custom indicator from MT5.

How To Use:

  • BUY when both dots colored Green.
  • SELL when both dots colored Red.
  • In addition to original one, MACD-OsMA-generated signal also can be drawn.
Input Description:
  • MA_period_short: Faster EMA period for MACD. Applied when drawMACD is true.
  • MA_period_long: Slower EMA period for MACD. Applied when drawMACD is true.
  • MACDperiod: MA period for MACD. Applied when drawMACD is true.
  • drawMACD: When true, draw an additional dots for MACD-OsMA generated signal.


Reviews 4
topline8000
1144
topline8000 2022.05.03 11:29 
 

very good

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5 (1)
Double Exponential Moving Average (DEMA) is a well-known trend indicator. DEMA was developed by Patrick Mulloy and published in February 1994 in the "Technical Analysis of Stocks & Commodities" magazine. It is used for smoothing price series and is applied directly on a price chart of a financial security. Besides, it can be used for smoothing values of other indicators. The advantage of this indicator is that it eliminates false signals at the saw-toothed price movement and allows saving a posi
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SMAconfirm
Muhammad Robith
This indicator helps you to comfirm SMAs' crossovers by draw a signal line that determines SMA movement direction. when Short SMA cross above Long SMA and Close price is above the signal several bars later, then uptrend is expected. when Short SMA cross below Long SMA and Close price is below the signal several bars later, then downtrend is expected. Input Description :  MA_Period_short: Short-term SMA's period. Used for short-term PriceX. Must be higher than 1.  MA_Period_long: Long-term SMA's
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PriceXover
Muhammad Robith
This indicator maps price crossover with Simple Moving Average (SMA) for each candle. Works like a SMA but has non-repaint characteristic. How to Use: As stated before, this indicator works like a SMA. Use this to determine trend. When price is above this line then the uptrend is expected (downtrend if price below the line). 2 of these indicator (with different periods) can also generate buy/sell signal like 2 SMAs. When the lower period SMA crosses higher period SMA from below, then buy signal
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MACDXover
Muhammad Robith
This indicator helps you to find price that may cause MACD Signal crossover on the current bar.. These crossover points are depicted in form of stars (like Parabolic SAR). prevEMA line also helps you to decide the trend. Get 20% OFF for rents for 1 year! How to use: MACDSignalStars (Violet) stars displayed are the the prices that make the MACDmain = MACDsignal. If the close price is higher than the star, then MACDmain > MACD signal. If the close price is lower than the star, then MACDmain < MA
Are you using Awesome Oscillator? Wonder at which High and Low prices this indicator colored Green? Red? This indicator helps you determine those limits. GET 20% OFF for renting for 1 year! Yellow line is called Upper Line, and Red line is Lower Line. BUY SIGNAL In this case, last bar's AO color would be colored Green. Both Open and Low Price above the Lower Line. Close price crosses the Upper Line from below. SELL SIGNAL In this case, last bar's AO color would be colored Red. Both Open and Hig
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topline8000
1144
topline8000 2022.05.03 11:29 
 

very good

adonias
68
adonias 2021.09.27 01:34 
 

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Yam Chwee Chng
1250
Yam Chwee Chng 2020.10.17 18:38 
 

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sunnychow
9083
sunnychow 2019.01.09 16:38 
 

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