Description
THE SUPER MACD INDICATOR PACKAGE (JUL 2016)
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The MACD Indicator (Moving Average Convergence-Divergence) is one of the most popular technical indicators used by novice and professional traders alike. It does have one major problem though — the regular version of the MACD hasn’t been updated or improved upon since it was first created back in 1979!
Though the MACD used to be a great trading indicator, the lack of any updates has made it less effective in today’s dynamic, fast-paced markets. As markets evolve, the technical indicators that we rely on to trade successfully must also evolve. Our Super MACD™ Indicator Package overcomes the limitations of the old MACD and offers several powerful new features — making it more effective than ever before!
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The Super MACD Indicator Package includes:
1.Magenta Tab Super MACD™ Indicator
2.Magenta Tab Super MACD™ PaintBar
3.Magenta Tab Super MACD™ Market Analyzer (NinjaTrader)
4.Magenta Tab Super MACD™ RadarScreen (TradeStation)
5.Magenta Tab Super MACD™ Market Scanner (MultiCharts)
6. Magenta Tab Super MACD™ Spread Indicator
7.Magenta Tab Super MACD™ Spread PaintBar
8.Magenta Tab Super MACD™ Spread Market Analyzer (NinjaTrader)
9.Magenta Tab Super MACD™ Spread RadarScreen (TradeStation)
10.Magenta Tab Super MACD™ Spread Market Scanner (MultiCharts)
The Super MACD
— Benefits and Key Features —
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Special “Scanner” Indicator & Workspace for All Platforms
The Super MACD™ Indicator Package also includes a special “Scanner” Indicator designed to scan for signals and trend conditions using the NinjaTrader Market Analyzer, TradeStation RadarScreen or MultiCharts Market Scanner. And all columns, colors, and text are fully customizable!
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State-of-the-Art “Divergence Engine”
The Super MACD™ includes a special “Divergence Engine” unlike anything you have seen before. It is trader-friendly, easy to use, and offers many advanced features, settings, and customizations — making it ideal for both novice and professional traders.
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Issues Various Divergence Signals and Alerts
Our Divergence Engine issues standard divergences, “Filtered Divergences” and 3-Point Divergences! There are also customizable audio, visual, and email alerts to alert you to each divergence signal!
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“Dynamic OverBought/OverSold Levels” (DOBOS™)
The Super MACD™ utilizes an innovative and proprietary new feature called DOBOS™, which stands for “Dynamic OverBought/OverSold Levels”. Instead of relying on fixed or static OB/OS Levels like “80” and “20”, DOBOS™ automatically adjusts after each bar — keeping you in perfect harmony with price at all times. This is a significantly more accurate and effective method of determining the OverBought and OverSold Levels of an Indicator. Furthermore, the DOBOS™ Reversal Signals are some of the most powerful and accurate of all signals.
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Plots a Smoother MACD by using Smoothed Price Data
Only the Super MACD™ lets you smooth the price data that flows into the MACD formula. By smoothing price data, the plot of the Super MACD™ becomes much smoother than the jagged plot of the original MACD.
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Calculate the MACD with 8 Different Averaging Methods
Use any averaging method when calculating the RSI — choose between the SMA, EMA, DEMA, TEMA, WMA, TMA, HMA, or GMA!
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Calculate the MACD using “OHLC / 4” or Closing Price
The original MACD only takes the previous closing price into account. The Super MACD™ gives you the option to use the (OHLC / 4) of each bar instead of the closing price — allowing all available price information to be included in the calculation of the RSI value.
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“Gapless Technology” Allows the MACD to Ignore Price Gaps
At a setting of “0”, all price gaps will be included when calculating the MACD.
At a setting of “100”, all price gaps will be excluded when calculating the MACD.
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MACD Bollinger Bands offer a New Perspective
The Super MACD™ has optional “Bollinger Bands” that are based on the values of the MACD instead of price — giving you access to an enhanced and unique perspective of the MACD!
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Numerous Color-Coding Methods and Options
Gradient Color-Coding
OB/OS Color-Coding
ZeroLine Color-Coding
MACD Avg. Color-Coding
Slope Color-Coding
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Customizable Alerts for Crossovers, Reversals and Divergences
You can easily activate or deactivate each of the various to prevent being distracted by signals that you aren’t trading.
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