PROTECTED SOURCE SCRIPT

Fully customisable indicator in one chart (EMA MACD RSI Stoch)

8 787
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


RSI (Secondary)
  • 2 options (RSI Upper/Lower Crossover), (RSI Crossing)
  • RSI options
  • Option to determine the length of RSI crossing
  • RSI Upper/Lower Crossover looks at the RSI vs the band
  • RSI Crossing checks current candle entering band but previous candle is outside band


Stoch (Secondary)
  • 3 options (K/D Crossover), (K/D + Upper/Lower Crossover), (K/D Crossing)
  • Stoch options
  • Stoch crossing length
  • K/D Crossover when K crosses D
  • K/D + Upper/Lower Crossover looks at the band
  • K/D + Crossing is when K or D entering band but previous is outside band


Backtest
  • Different backtest scenario, finetuning in progress..

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