Fully customisable indicator in one chart (EMA MACD RSI Stoch)
9 105
While facing problem having too many indicator charts on the same screen, this squashed the candle chart and produces flat lines. This script helps to put them all in 1 chart and label the indicators where it meet the long/short conditions. Backtest is available to check the multiple indicators for a Long / Short trade, eg. if the EMA is on a long trend, but RSI and MACD is at oversell this could put a long trade. This gives the trader a flexibility to customise their trade setup
EMA (Primary)
4 period options (fast, slow, long, long2)
Shows blue background when the trend is up
Red when down
The trend can be configured to (Fast > Slow), (Fast > Slow > Long), (Fast > Slow > Long > Long2)
MACD (Secondary)
3 options to indicate signal (MACD/Signal Crossover), (MACD/Signal + Direction Crossover), (MACD/Signal + Direction Crossing)
Configurable MACD options
Option to determine the length of MACD crossing to indicate the trend MACD is heading towards
MACD/Signal Crossover when MACD crosses the Signal
MACD/Signal + Direction Crossover sees if the histogram is up or down
MACD/Signal + Direction Crossing checks the previous and current candle where current MACD crosses Signal but the previous MACD is below Signal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.