ZeroLag MACD Divergence Signals

v10.3
ZeroLag MACD Divergence Signals

This is another spin of the classic MACD divergence indicator except we use a zero lag MACD and also consider the immediate price action to filter for stronger signals.

The only adjustable parameter is the lookback period to consider for calculating the divergence between price and the MACD crossover.

Note that the indicator only loads 5000 bars per default in order to load faster but this can easily be changed in the code if required.

 

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

PRC is also on YouTube, subscribe to our channel for exclusive content and tutorials

  1. Violet • 05/22/2020 #

    Is there perhaps a problem with the code?
    It doesn’t work, at least not on my PRT version 11

  2. Stenozar • 05/22/2020 #

    Hi Juanj e thanks for your indicator; do you suggest any timeframe for a better use of it? thanks

  3. larouedegann • 05/22/2020 #

    It doesn’t work

  4. ggolfet • 05/22/2020 #

    it seems it’s not working on prorealtime 11. I changed MACDSignal to MACDSign in order to avoid running errors. However the indicator does not print anything. Any info for fixing this issue? thanks

  5. juanj • 05/22/2020 #

    Please note that the indicator is meant for PRT 10.3

avatar
Register or

Likes

avatar avatar avatar avatar avatar avatar avatar
Related users ' posts
Nicolas
5 months ago
DELBERT Bonsoir , Nicolas , j'ai transféré votre indicateur sur ma PRT 10,3 et j'ai un méssage d'ére...
Nicolas Vous pouvez essayer en remplacant la ligne avec: vwapsd = sqrt(average[lengthz](square(clo...
DELBERT Bonsoir , merci Nicolas , a bientôt .
robertogozzi An updated version can be found here https://www.prorealcode.com/topic/conversion-of-pine-sc...
jissey Bonjour Robertogozzi, cet indicateur est interessant mais serait-il possible de marquer la ...
robertogozzi Sure, but you should start a new topic on the Probuilder support forum. Thank you :)
poldoposta si potrebbe trovare una soluzione per sovrapporlo al prezzo?
robertogozzi Basta che tu clicchi sull'etichetta (tag) PREZZO del grafico (appena sotto l'angolo in alto ...
Nicolas Merci d'ouvrir un sujet dans le forum des screeners en respectant les règles de publication ...
Pensera Bravo Nicolas ! Tu es en quelque sorte l’inventeur de Metascore…(oups je viens de lire jusqu...
Nicolas Dans un but d'investissement pure, et non spéculatif.
stephane2.0
3 years ago
cfta Thanks for sharing, this may be a useful filter but I'm not sure if it's coded correctly sin...
stephane2.0 Yes, line 5 is truncated. I can't edit, please replace by:
stephane2.0 c=exponentialaverage[9](MACDLine[12,26,9](close))
Morrissey38 Muchísimas gracias Nicolás , muy amable.
Bruno Carnazzi extrèmement pertinent
Bruno Carnazzi Is that beatable ?
phanz Hi ... what are the conditions for buy signal using this indicator? Tks
JJ Tec Hola Las condiciones de entrada / salida vienen en el libro de J. Carter Mastering the trad...
Pixeldd Ich bekomme beim einfügen des Indikators einen Fehler angezeigt. Was bitte muss ich genau än...
Gianluca THANK YOU!!!!!
JOSEBA que relaccion tiene la numeración de las barras del 1 al 10 que tiene cada número Tengo dos...
TAC Bolsa Thank you, Jan Any modification is good reference if it helps us win in the market.
marcov66 Hi, it seems a very useful indicator. Unfortunately the link here for the full explanation d...
TACBOLSA Discontinued indicator. we are sorry.
Janfi Hello, I'm new to ProRealCode and I do not understand the following summation[n](indicator...
Kaci It seems he's just checking that the previous MACD is < 0 for maximum one period ? I'...
Daniel Martin Hi do you know how have and entry after the second cross? There is crosses below 0 and cross...
teddy58 Ich habe es mit N= 1,5 und N=2,5 getestet mit 200000 Einheiten. Es funktioniert leider erst ...
Matriciel I use this indicator to help me make a decision when there is a divergence. The divergences ...
Jan Wind Hi, I personnaly am not a big fan of ZIGZAG indicator, as it repaints itself during time. ...
jpm380 Merci pour ce super indicateur. Comment puis-je mettre une alerte dès changement dès croisem...
berga Hi, thank you very much for this very useful screener. I would like to get another very clos...
leoulve Hello, I uploaded correctly the screener and it is not selecting any. Is it normal? cheers
Oliviertrader2020 Hello, where do you find the ZeroLagMACDWeek indicator? You only posted the mtf-macd-diverge...
Nicolas Thanks a lot for this new valuable addition to our library. I changed line 76 with "barindex...
Horance Thanks. I've noticed this leftover after submission, but it was too late for editing. BTW, I...
Etienne Thanks Horance for porting this code to PRT. I would like to bring some speedup to your cod...
GUCCI ONE Bonjour, Nicolas. Pourriez-vous m'aider à transformer cet indicateur en screener, svp ? Merci
Nicolas disponible ici: https://www.prorealcode.com/topic/divergences-screener/
julien1978 hello to all, i recently discovered this indicator. would it be possible to add the detectio...
Xusto Hello, Fully Agree, I will update it with your advice. Btw Can would you like share you co...
Niklas johansson hägglund do you now if it's possible to use this strategy with this code in tradingview also?
Alexander9 This code for metastock ?, can for amibroker . Thanks
AGTrader Interesante, muy visual Doc. Felicidades!!!
Andraxx simplemente impresionante Dom...te sigo en youtube. Me ha gustado tu canal. Gracias por comp...

Top