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MACD Zero-Lag (ATP) PineScript Code - Version6

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147 views2 pages

MACD Zero-Lag (ATP) PineScript Code - Version6

Uploaded by

ali.btctter
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
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// This Pine Script™ code is subject to the terms of the Mozilla Public License 2.

0
at https://mozilla.org/MPL/2.0/
// © AlgoTrade_Pro

//@version=6
indicator(title = 'MACD Zero-Lag [ATP🤖]')

source = close
fastLength = input.int(34, minval = 1)
slowLength = input.int(52, minval = 1)
signalLength = input.int(21, minval = 1)

// FAST LINE
ema1 = ta.ema(source, fastLength)
ema2 = ta.ema(ema1, fastLength)
differenceFast = ema1 - ema2
zerolagEMA = ema1 + differenceFast
demaFast = 2 * ema1 - ema2

// SLOW LINE
emas1 = ta.ema(source, slowLength)
emas2 = ta.ema(emas1, slowLength)
differenceSlow = emas1 - emas2
zerolagslowMA = emas1 + differenceSlow
demaSlow = 2 * emas1 - emas2

//MACD LINE
ZeroLagMACD = demaFast - demaSlow

//SIGNAL LINE
emasig1 = ta.ema(ZeroLagMACD, signalLength)
emasig2 = ta.ema(emasig1, signalLength)
signal = 2 * emasig1 - emasig2

hist = ZeroLagMACD - signal


cHist = hist > 0 ? color.lime : color.red
plot(hist, title = 'histogram', style = plot.style_histogram, color = cHist,
linewidth = 10)
signalLine = plot(signal, title = 'signal', color = color.new(color.red, 0),
linewidth = 1)
zlLine = plot(ZeroLagMACD, title = 'MACD 0 Lag', color = color.new(color.blue, 0))
cDif = hist > 0 ? color.blue : color.red
fill(zlLine, signalLine, color = cDif)

// Detect crossovers for signal generation


up = ta.crossover(ZeroLagMACD, signal)
dn = ta.crossunder(ZeroLagMACD, signal)

// Color definitions
color_up = color.lime
color_dn = color.red

// Plot signals on the chart


plotshape(up, 'BUY Label', shape.triangleup, location.bottom, color_up, 0, 'BUY',
chart.fg_color, true, size.tiny, force_overlay = true)
plotshape(dn, 'SELL Label', shape.triangledown, location.top, color_dn, 0, 'SELL',
chart.fg_color, true, size.tiny, force_overlay = true)

// Color the background on signal occurrences


bgcolor(up ? color.new(color_up, 90) : na, force_overlay = true, editable = true)
bgcolor(dn ? color.new(color_dn, 90) : na, force_overlay = true, editable = true)

//End

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