Magicked AsYouWish IMQ Component — Indicator by epicau

macd magicked asyouwish imq

An AsYouWish component of Inigo Montoya's Quest, dynamic strategy. This is not a stand alone indicator. It is instead designed/skewed to provide MTF MACD-based trade recommendations, immediately following a reversal stop-out. It's suitable for any time frame, from 1 minute to 1+day bars.
Its intended that #1 & #2 TF be set shorter than #3.

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Appearance & Color & Default Values changed.

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Corrected a SMA to EMA. Added 2 modes.

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Method input added; cross vs direction.

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Apparently "version=3 causes security() calls to be offset by 1 tick of their own timeframe, thereby disabling “lookahead” during historic data painting."
So I removed the code, which was actually .

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resolved double/redundant lookback.

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LeaderVol added & less resource intensive.

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Option to hide converge/diverge lines.

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Default values & background shade intensity altered only.

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Simplified.

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Colors & visualizations.

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact epicau for more information, or follow the author's instructions below.

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