I have included ports of 2 indicators from MT4 (not from the original commercial source). I couldn't cross check if these matched their commercial equivalents (you need to assume they don't!). If you own any of these in other platforms, appreciate if you could publish some comparison results here.
Kase Peak Oscillator [KPO] is the difference between two trend measurements, one for rising markets and the other for falling markets. KCD is the PeakOsc minus its own average. So, KPO takes the place of a traditional oscillator and the KCD takes place of the traditional MACD.
Ms.Kase claims KCD is far more accurate than MACD.
@systematicEDGE, rbars=iff(kcd>kcd,kcd,0) Is correct " kcd>kcd " ?
grahvity
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I see what he means by it being more accurate than the MACD. Thanks for posting this.
LazyBear
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yw :)
rv2
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plz i cn't find KCD_LB in Indicators
Dkam
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I just found your indicator yesterday and have changed the length to 3 periods only for short-term trading. I also added a black zero line to suppress unknown colors shown at the zero point of the histogram. I see it when I change the histogram into circles. Using the color change and cross of zero line to match 20 days moving average direction to find the entry and exit point which looks good on the chart. I wish you can have time to upgrade this indicator to version 5 as I do not really understand pine-script programming.
GreenLime7
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Hey, LB
Thanks for the Indicators would you be able to share the Kase CD by any chance ?
Thanks
Metalxx14
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hello, the peak osc is missing
ReeseJohnson
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hi do you know the name of this multi coloured macd I want to add it to my mt4
TheLark
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Couple interesting ones here LB, not familiar with either, KCD seems to have nice divergence signals
study(title="Kcd", shorttitle="Kcd")
length=input(30, title="Length")
rwh=(high-low[length])/(atr(length)*sqrt(length))
rwl=(high[length]-low)/(atr(length)*sqrt(length))
pk=wma((rwh-rwl),3)
kcd=(pk-sma(pk,8))
rbars=iff(kcd[1]>kcd,kcd,0)
gbars=iff(kcd>kcd[1],kcd,0)
plot(rbars, style=histogram, color=red)
plot(gbars, style=histogram, color=blue)