Buying and Selling Smoothed with HistogramBuying and Selling Smoothed with Histogram
Smoothed version with version with a red line representing the selling pressure and a green line which represents the Buying pressure.
If the green line is above the red line it would mean that the Buying pressure is more and vice versa.
The difference between the two is plotted as a Histogram. This is a cumulative value of the buying and selling pressure and provides a easy visual presentation of the dominating pressure.
Histogram
MACD Strategy by SedkurThis gives to you buy-sell signal with MACD histogram value.
Use "Fast and Slow length" and "Buy or Sell Histogram Value" inputs to take less or more signal.
MACD and RSI divergence by Rexio v2Hi everyone!
I wrote this indicator for intraday trading and it cannot be use only by itself you need to at least draw some S/R lines to make it useful. It is based at MACD histogram and gives signal when it sees divergence on MACD/RSI/MACD's Histogram (or all at once - settings) when macd's histogram switchs trend. Im using it to playing with a trend most of the time looking for hidden divergence at higher time frame and after that looking for regular divergence at lower time frame.
Im not a computer programist nor professional trader so it is only for educational purposes only.
MACD histogram divergence by Rexio v1Hi everyone!
I wrote this indicator for intraday trading and it cannot be use only by itself you need to at least draw some S/R lines to make it useful. It is based at MACD histogram and gives signal when it sees divergence on MACD's Histogram when macd's histogram switchs trend. Im using it to playing with a trend most of the time looking. It highlights candles which can give good singnals to play with a trend (its based on ema200 and RSI overbought and oversold zones).
Im not a computer programist nor professional trader so it is only for educational purposes only.
MACD - Baby WhaleI spiced the standard MACD indicator up a bit to make it more visible.
When using the MACD:
1. Never go short when the MACD lines are in the negative.
2. Never go long when the MACD lines are in the positive.
3. Always wait for an uptick / downtick on the histogram before you start your trade.
The MACD Histogram can also show you Divergence.
When the price goes up but the Histogram can't make new highs, it might be a good time to think about shorting.
If you want access, just send a message please.
Much love from Baby Whale!!
🙏❤️🐳
VWMA CrossesThis is a simple tool that gives traders a simple visual representation of Volume-Weighted Moving Average ( VWMA ) crossovers that is pretty similar to the MACD . We don't typically trade solely based on the VWMA , but it is definitely one of our go-to tools when combining multiple indicators.
When trading with VWMA's, it is common to enter a position when the fast VWMA crosses over the slow VWMA . In other words, the fast VWMA was previously less than the slow VWMA and is now greater in value than the slow VWMA . Conversely, traders often exit their positions when the fast VWMA crosses under the slow VWMA .
This tool plots the absolute value of the difference between the fast and slow VWMA's as a histogram. When the difference between the fast and slow VWMA's is greater than zero (meaning fast > slow), then the bars are green. The bars then turn red when the fast VWMA is less than the slow VWMA . The blue circle-line is a Simple Moving Average of the difference between the two lines.
Here's a quick guide to interpreting the chart:
if (fast VWMA > slow VWMA ) and (difference < sma of differences)
then color = lime green
if (fast VWMA > slow VWMA ) and (difference > sma of differences)
then color = dark green
if (fast VWMA < slow VWMA ) and (difference < sma of differences)
then color = light red
if (fast VWMA < slow VWMA ) and (difference > sma of differences)
then color = dark red
~Happy Trading~
Combo Strategy 123 Reversal & (H-L)/C Histogram This is combo strategies for get
a cumulative signal. Result signal will return 1 if two strategies
is long, -1 if all strategies is short and 0 if signals of strategies is not equal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
This histogram displays (high-low)/close
Can be applied to any time frame.
WARNING:
- For purpose educate only
- This script to change bars colors.
4H MACD Histogram on 1HIndicator is designed for 1 hour time-frame and it shows the value of 4 hour MACD histogram
Rainbow OscillatorRainbow Oscillator script.
This indicator was developed and described by Dr. Mel Widner (Stocks & Commodities V.15:7: Rainbow Charts).
Better MACD with clearer cross and histogram signalsSimple but much needed visual improvements to the default MACD script. First, every time the MACD and signal cross, a white cross is placed on he chart, which lets you quickly identify the crosses. Second, whenever the histogram goes from increasing to decreasing or from increasing to decreasing, a color change occurs. Colors can be customized under "Style" tab under settings.
EFI 13 8study(title="EFI", shorttitle="EFI")
XLen1 = input(13, minval=1)
XLen2 = input(8, minval=1)
hline(0, color=gray, linestyle=line)
xValue = volume * (close - close )
xSMA1 = ema(xValue, XLen1)
xSMA2 = ema(xValue, XLen2)
plot(xSMA1, style = columns, color=aqua, title="SlowAvg")
plot(xSMA2, color=white, title="FastAvg")
Laguerre PPO 4C4 Colored Laguerre PPO
lime = positive rising
green = positive descending
red = positive descending
maroon = positive rising
Enjoy :)
www.tradingview.com(PPO)
The Laguerre Filter is a smoothing filter based on Laguerre polynomials.
MACD (4 Color, Color-Blind Friendly)Working MACD Histogram which colors bars based on the slope from the previous. The default colors will work for both Deuteranopia and Protonopia color-blind people but can be modified.
There is a bug with 'MACD 4C' by vkno422 + signal line - squattter and 'MACD for colour blind people' by cfhrtd in that it draws the MACD line itself as a histogram, rather than drawing an MACD histogram (which is the MACD line - signal line).
Bad indicators that this should replace:
Price and EMA Difference Customizable [Requested script]
Easy options, you can toggle the lines and other things. Even turn of the histogram.
TRIX Histogram R1-12 by JustUncleLCreated by request.
Description:
This study is an implementation of the Standard TRIX indicator (a momentum oscillator), shown in coloured histogram format by default, with optional Bar colouring of TRIX zero cross overs. Other options include showing TRIX as a line graph instead of histogram and an optional TRIX signal line with difference histogram (to highlight signal line crosses).
References:
forex-indicators.net
"TRIX MA" by munkeefonix
Pine Script Tutorial #4Welcome to Pine Script Tutorial #4
This is more complex than the previous 3 tutorials. This one builds upon the first 3 tutorials.
What does this code do?: It plots on a histogram (at the bottom), the difference between closest round number and the close. So for example 84 -close = 16 pips. It shows the 16 pips on the histogram.
First off, it is actually Two studies on this graph, not one. I wanted the histogram at the bottom and round number indicator to overlay on the graph. There is no code within Pine Script that lets you do that within one script.
Secondly, there is no code that lets you spit out number on the graph, that is why I used histogram, initially I wanted it to tell me 16 pips in writing but no way of doing that.
In order to replicate the graph you have to first plot the rounding formula as overlay. Thean take out the overlay and plot te histogram.
I got the rounding formula from one of the coders here and simplified it. Just search round.
Hope this helps,
Feel free to comment.
Bill Williams Divergent BarsBill William Bull/Bear divergent bars
See: Book, Trading Chaos by Bill Williams
Coded by polyclick
A bullish (green) divergent bar, signals a trend switch from bear -> bull
-> The current bar has a lower low than the previous bar, but closes in the upper half of the candle.
-> This means the bulls are pushing from below and are trying to take over, potentially resulting in a trend switch to bullish.
-> We also check if this bar is below the three alligator lines to avoid false positives.
A bearish (red) divergent bar, signals a trend switch from bull -> bear
-> The current bar has a higher high than the previous bar, but closes in the lower half of the candle.
-> This means the bears are pushing the price down and are taking over, potentially resulting in a trend switch to bearish.
-> We also check if this bar is above the three alligator lines to avoid false positives.
Best used in combination with the Bill Williams Alligator indicator.
Coloured CCI Histogram V2.0 by JustUncleLThis is a requested update of this script. This is a standard CCI indicator that shows a coloured histogram of important CCI levels, giving a good visual of the CCI levels. Added to this version is an extra coloured level +/-200 and an option to calculate CCI with EMA instead of the standard SMA.
CCI LEVELS:
Light Green - Greater than 0 and less than 100.
Green - Greater than 100 and less than 200.
Aqua - Greater than 200.
Light Red - Less than 0 and greater than -100.
Red - Less than -100 and greater than -200.
Magenta - Less than -200.
If you would like different colour arrangement just change them in the "Style" settings of the indicator.
Stochastic HistogramLast Edited: 5/19/16
Description:
This is a basic Stochastic histogram that essentially shows when the indicator
is either above or below the 50 level. Colors can be customized to your liking.
Length and smoothing factor can be adjusted as well. Defaults are 14 (Length)
and 3 (Smoothing Factor).
NOTE: The above chart contains the built-in stochastic indicator for comparison.
