this is the MACD using 6-16-6 parameters.
When the MACD crosses up the candlestick and background change color.
When the MACD crosses down the candletick and background change color.
Alerts are trigger when the instance occurs. The arrows show on the first occurance.
The study is coded such by going into the the "edit" mode the colors of the arrows, candles and background can be changed to your preference.
# MACD Dots on Price Chart
# Shows Primary Signals only. Once a BuyAlert is issued another BuyAlert cannot be issued until after a SellAlert has been issued, etc.
# Change Displace value below to adjust where Dots are placed on the Price Chart
August 28th, 2012
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trendfriendpa
Version 1 - CCI Cloud with arrows. This study only places arrows on your chart. You will need to import the study CCI for the histogram shown in the screenshot.
Go to download called CCI Cloud for the subgraph historgram.
August 28th, 2012
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MAcd with alert when it crosses 0 line.
Thanks to Richard Housner ( Yahoo thinkorswim )who modified my earlier code. If you choose to modify please post the update for every one to use.
December 2nd, 2014 02:15 PM itachi1991 good work my only wish is, for the sound alert and message alerts to work with arrows only instead of the default which
is set to " repeatedly with each bar"
August 2nd, 2014 05:05 PM phtaaa Thanks, I've looking for ways to do this for a long time.
March 31st, 2024 08:07 AM KevinHenjum Fantastic Indicator for knowing when to get in and out of trades. Pair this with an MACD Histogram and when colors align
, make a trade. When volume changes color, get out.