MACD/ATR

This indicator is a restricted MACD.
I reached this with a little trick: I devided it by ATR. This way it is most of the time inside the -1..1 range. It depends on the length of the ATR's period. If it is greater, the probability of outliers is greater.
With this indicator you can use cerain levels of MACD and its histogram as a trigger.
Share with me if you found it useful.
I reached this with a little trick: I devided it by ATR. This way it is most of the time inside the -1..1 range. It depends on the length of the ATR's period. If it is greater, the probability of outliers is greater.
With this indicator you can use cerain levels of MACD and its histogram as a trigger.
Share with me if you found it useful.
PyneCore ( pynecore.org ) - open-source Python framework with Pine Script compatibility.
PyneComp ( pynesys.io ) - deterministic Pine Script compiler to Python
Trading Myth Busting ( youtube.com/playlist?list=PLQof9krQGr-g )
PyneComp ( pynesys.io ) - deterministic Pine Script compiler to Python
Trading Myth Busting ( youtube.com/playlist?list=PLQof9krQGr-g )
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
PyneCore ( pynecore.org ) - open-source Python framework with Pine Script compatibility.
PyneComp ( pynesys.io ) - deterministic Pine Script compiler to Python
Trading Myth Busting ( youtube.com/playlist?list=PLQof9krQGr-g )
PyneComp ( pynesys.io ) - deterministic Pine Script compiler to Python
Trading Myth Busting ( youtube.com/playlist?list=PLQof9krQGr-g )
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.