Hey there, fellow traders! If you’re familiar with the MACD indicator, you know there are countless versions out there. Today, I want to introduce you to one that’s a bit different from the rest – the PA Adaptive MACD.
What sets this version apart? It’s all about adaptability. The PA Adaptive MACD uses the Hilbert transform for phase accumulation, which allows it to calculate both the fast and slow periods of the MACD in a unique way. Instead of changing proportionally, these periods adapt independently to market conditions. This feature is particularly useful during those volatile market swings.
But that’s not all! The typical MACD criteria, like the signal line cross or zero line cross, have been revamped. Instead of just crossing the zero line, this indicator incorporates a dynamic levels cross that adapts as the market changes. The levels can be either floating or quantile levels, providing you with greater flexibility. Plus, if you’re looking for a classic touch, you can still use the slope for short-term trend and momentum analysis.
The PA Adaptive MACD isn’t just user-friendly; it’s also multi-time frame compatible, complete with all the alerts you’d expect. To make things even easier, it can display arrows on your chart to highlight potential signals, all managed by the indicator itself.
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