Apirine Stochastic MACD w/ MA Selection by Cryptorhythms📊 Apirine Stochastic MACD w/ MA Selection by Cryptorhythms
Intro
Had to re-release due to moderation.
This happens to be my first open source indicator, hope you all enjoy it!
Description
This indicated is ported from November 2019 issue of TASC. “The Stochastic MACD Oscillator” in this issue, author Vitali Apirine introduces a new indicator created by combining the stochastic oscillator and the MACD . He describes the new indicator as a momentum oscillator and explains that it allows the trader to define overbought and oversold levels similar to the classic stochastic but based on the MACD .
Options
-You can enable bar coloration for trade state (signal conditions setup in the "long" and "short" variables).
-You can choose histogram or columns for the convergence/divergence display.
-You can turn on/off and adjust the overbought / oversold zones.
-You can choose what type of moving average to use in the calculation from a small selection of options. This gives you more flexibility to adapt the indicator to your needs.
👍 We hope you enjoyed this indicator and find it useful! We post free crypto analysis, strategies and indicators regularly. This is our 70th script on Tradingview!
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Stochastic-convergence
Lysergik's Stochastic SynergyThis indicator shows the average Stochastic RSI output of the 15m, 1h, 2h, 4h, and Daily Stochastic RSI. It will change in its behavior depending on the time-frame you're using, but for many markets it works best on the 30m time-frame and the daily time-frame.
It is best used along with Lysergik's Fib Cross, which will allow you to avoid false signals in the stochastic synergy indicator. If your MA cross (50, 200) indicates a direction change opposite of the stochastic RSI synergy indicator then that is a signal to wait for more price action to determine your entry/exit points.
Using the Lysergik's Fib Cross, the same applies, but remember that a golden cross (white cross symbol) followed directly by a golden ratio cross (gold cross symbol) is even further indication that the stochastic RSI needs more breathing room before reversing.
This indicator is fully adjustable for you to back-test against charts and refine the indicator to your market.
The inputs in respective order are as follows:
RSI Length, Stoch Length, Smooth K, Smooth D, Upper Limit, Lower Limit, Basis
Enjoy and remember only make trades on your own terms.
Happy trading/investing! :)
