histogram

blackcat1402

Level: 1 Background The MACD is a superior derivative of moving average crossovers and was developed by Gerald Appel in 1979 as a market timing tool. MACD uses two exponential moving averages with different bar periods, which are then subtracted to form what Mr. Appel calls the Fast Line. A 9-period moving average of the fast line creates the slow...

dman103

An interesting experiment to make an indicator act as a counter. I call it CCH - Close Counter Histogram. It adds 1 when current close is higher than previous close and reduces -1 when current close is lower than previous close. In the CCH settings you set how many bars to look back and use EMA to smooth the results or disable EMA smoothing. Disable the EMA...

alexgrover

It is possible to approximate the underlying distribution of a random variable by using what is called an "Histogram". In order to construct an histogram one must first split the data into several intervals (also called bins) often of the same size and count the number of values falling within each intervals, the histogram plot is then constructed with the X axis...

wallneradam

This is a correct Aroon Indicator with histogram and center line.

sedatkurban

This gives to you buy-sell signal with MACD's histogram trends. Use "Fast and Slow length" and "Trend of Histogram Number" inputs to take less or more signal. "Trend of Histogram Number" : This means how many histogram bars the trend continues before trading.

SparkyFlary

Inspired by the user scarf from Tradingview. In contrast with that other indicator, this one instead of a simple moving average (SMA) for the ADX calculations, uses a running moving average (RMA) or also known as Wilder's Average. I like having a histogram for the DI lines over just having lines alone because it makes it easier to see. In addition I made it so...

TradeCalmly

Simple but much needed visual improvements to the default MACD script. First, every time the MACD and signal cross, a white cross is placed on he chart, which lets you quickly identify the crosses. Second, whenever the histogram goes from increasing to decreasing or from increasing to decreasing, a color change occurs. Colors can be customized under "Style" tab...

cheatcountry

The Rex Oscillator measures market behavior based on the relationship of the close to the open, high and low values of the same bar. A big difference between the high and close on a bar indicates weakness, and wide disparity between the low and close indicates strength. The difference between open and close also indicates market performance. Buy when the indicator...

alexpunct

This way of looking at MACD is taught by TRI - therationalinvestor.co

heniu_1

Hi! That's my first strategy. I already learn pine, so i will work on it more. Now i search how to make trailing stop working. "WMA + MACD strategy with traiing stop" is very simple strategy which is designated for stocks market. It is created only to take long positions. Buy signal is when WMA(120) is below price and macd(10,20,10) histogram is higher than...

ceyhun

Buying and Selling Smoothed with Histogram Smoothed version with version with a red line representing the selling pressure and a green line which represents the Buying pressure. If the green line is above the red line it would mean that the Buying pressure is more and vice versa. The difference between the two is plotted as a Histogram. This is a cumulative...

wallneradam

It is an extended RVGI with histogram.

Jimmyrockhard

study(title="EFI", shorttitle="EFI") XLen1 = input(13, minval=1) XLen2 = input(8, minval=1) hline(0, color=gray, linestyle=line) xValue = volume * (close - close ) xSMA1 = ema(xValue, XLen1) xSMA2 = ema(xValue, XLen2) plot(xSMA1, style = columns, color=aqua, title="SlowAvg") plot(xSMA2, color=white, title="FastAvg")

blackcat1402

Level: 1 Background A histogram is a special chart that is applied to statistical data that is divided into numerically ordered groups. For example groups with close relationships in the vicinity like "Close-ref(Close ,1)", "Close-ref(Close,2)" and so on. A histogram provides a snapshot of all the data so that you can quickly get an overview of the historical...

dman103

Stocks Advance/Decline Histogram indicator, which I call ADH is my own implementation that plots an histogram of the difference between the number of advancing and declining stocks on a daily basis (or higher time frame) for the NASDAQ and NYSE. How to use it? Green: More NYSE stocks are advancing than declining. Red: More NYSE stocks are declining than...

The_Trader_FX

Indicator is designed for 1 hour time-frame and it shows the value of 4 hour MACD histogram

nboone

Last Edited: 5/19/16 Description: This is a basic Stochastic histogram that essentially shows when the indicator is either above or below the 50 level. Colors can be customized to your liking. Length and smoothing factor can be adjusted...

everget

Rainbow Oscillator script. This indicator was developed and described by Dr. Mel Widner (Stocks & Commodities V.15:7: Rainbow Charts).