Double MACD With Crossover Alert
Double MACD with Crossover Alert is based on 2 MACD Histograms with different length settings on top of each other. The first MACD histogram is plotted as a line while the second MACD is plotted as columns. The default MA type for MACD1 is ZEMA or Zero Lag Moving Average.
What is MACD?
Moving average convergence/divergence (MACD)...
Library "MovingAveragesLibrary"
This is a library allowing one to select between many different Moving Average formulas to smooth out any float variable.
You can use this library to apply a Moving Average function to any series of data as long as your source is a float.
The default application would be for applying Moving Averages onto your chart. However,...
Level: 2
Background
This script is a comprehensive work of mine, incorporating Ehlers zero-lag EMA and my first script published: MA fingerprint for long entries.
Function
Ehlers zero-lag EMA algorithm in this scripts is mainly used for short signal production, while my MA fingerprint algorithm is used for long entries.
Key Signal
a ---> Ehlers Zero-lag EMA...
Dear All,
Please find updated version of Zero lag WMA crossover. In addition to this added 20/50 EMA to get better results.
Settings:
ZLWMA = 8 identified by Blue line
Fast WMA = 21 identified by Red line
EMA Period 20/50
How to Trade:
Buy: Wait for positive crossover (Blue cross above Red) to happen trade can be taken there but to get better results post...
(Improved) Beep Boop Indicator for Trending Markets originally written by Trading Rush.
It is originally based on the MACD 12-26 and the 50 bar EMA.
The macd hist is color coded with green as buy and sell as red.
I added an option to use a couple of lower lag ema's (See line 13 - ema_signal).
we all know how moving averages suffer from lag - they have a delayed response to change in the underlying values - regardless if the underlying values are price movement or some kind of indicator formula that we are trying to smooth using a moving average.
here's a simple technique that can help minimize the lag built into the moving average - you can use this...
This MACD is averaging 3 different MACD; KAMA MACD, ZLEMA MACD, and normal MACD.
Can find easier MACD's divergence and convergence than normal MACD.
And more smoothly drawing than ZLEMA MACD (KZ_MACD) which is I've made before.
![BTCUSD: [blackcat] L2 Zero-lag EMA Swing Trade](https://s3.tradingview.com/y/YQWyzspc_mid.png "[blackcat] L2 Zero-lag EMA Swing Trade")
