looking for macd with support and resistance range

July 5th, 2015, 01:14 AM

I'm looking for macdbblines that look similar or exactly like the following attachment

July 6th, 2015, 01:37 PM

Try the main thread

Want your NinjaTrader indicator created, free?

Hey guys, I thought many of you would enjoy and benefit from this thread. My intention is to have each poster reply and describe in as much detail as possible an indicator they want created for NinjaTrader.

The programmers on the forum (there are many), …

Mike

July 7th, 2015, 10:21 AM

RSI, Stochastics, TSI are normalized indicators and you can easily draw support & resistance on the indicator panel.

However, the MACD requires normalization before you can use it with support & resistance.

A simple way of normalizing indicators is obtained by calculating the z-score.

The chart below shows the z-score of a MACD with S/R lines (1st and 2nd standard deviation) added.

In this case the normalized MACD is used for detecting divergences.

looking for macd with support and resistance range

Discussion in NinjaTrader

looking for macd with support and resistance range