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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This indicator determines minimum volumes needed during a candle formed so that it would be higher than current volume's average. Although you can place MAs on your volume indicator, this indicator has non-repaint characteristic so you may not to worry about sudden volume increase. This indiator also draw volume indicator for its own. Input Description: period: Period used for indicator. Must be higher than 1. Output Description: VolumeXover: This indicator's main feature. During the time the vo
FREE
Double EMA
Muhammad Robith
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
FREE
Triple EMA
Muhammad Robith
4 (3)
Triple Exponential Moving Average Technical Indicator (TEMA) was developed by Patrick Mulloy and published in the "Technical Analysis of Stocks & Commodities" magazine. It works as the same as EMA. However, it provides smaller lags, even compared to Double EMA. Input Description: period: MA's period. Must be higher than 1. applied_price: Define the price to be applied. Use 1 of these integers. 0 -> applied_price is Close price 1 Open price 2 High price 3 Low price 4 Median price 5 Typical price
FREE
Price Time Correlation
Muhammad Robith
5 (2)
This indicator determine price volatility using correlation between Price and Time. WARNING: Not suitable for 1M timeframe, you would not see any lines in this frame! How to Use: More closer the indicator's value to 0, the price is considered more volatile. When reversal is started, the indicator's value would be rise or fall significantly. During a strong trend, the indicator's value would be closer to 1 or -1, depends on current trend. Entry Signal: BUY SIGNAL: Indicator crosses 0.2 from bel
FREE
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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