MACD indicator with zero lag. (formula calculated so as to be as close as possible to the price reaction).
In addition, you can add a background that will give you the key buy and sell zones (the first based solely on the MACD ZR, the second on a Momentum system and finally the ultimate zones include the MACD and the Momentum) .
This indicator is not a buy or sell signal, but can usefully be used in your strategy to confirm your entry and exit points.
Do not hesitate to go see my other indicator (based on volatility and different averages).
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Added an EMA of the MACD band in order to view the crossovers between them. Optimization of the backroung concerning the important areas taking into account this change
リリースノート
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Integration of an EMA optimization of important areas
Just a note on your EMA, it's an sma I see.
If you can add dot plot for buy/sell signals, it will be perfect!
you can add this kind of code:
dotsDistance = float(1.5)
circleYPosition = signal*dotsDistance
ribbonDiff2 = hist > 0? #4caf50: #c92f3c
plot(ta.cross(ZeroLagMACD, signalEMAred) ? circleYPosition: na,style=plot.style_circles, linewidth=4, color=ribbonDiff2, title='Dots')
I would also like to know how you have coded your zones, can you tell me more?
Thank you :-)
Steeve