BIAS RSI STOCH MACD Display

wczoraj

simple but effective to prevent chart clutter.

Hi Traders! Today I’m showing you a **custom indicator** that combines **BIAS, RSI, Stochastic, and MACD** in one easy-to-read panel. Let’s break it down:

1️⃣ **BIAS** – Shows how far the price is from its moving average.

* Positive BIAS → price is above the average.
* Negative BIAS → price is below the average.

2️⃣ **RSI (Relative Strength Index)** – Measures momentum.

* Above 70 → overbought
* Below 30 → oversold
* **50 line added** → midpoint for trend direction

3️⃣ **Stochastic (STOCH)** – Confirms momentum like RSI.

* Above 80 → overbought
* Below 20 → oversold

4️⃣ **MACD (Moving Average Convergence Divergence)** – Shows trend and momentum.

* Histogram colors indicate strength
* Lines show trend direction

5️⃣ **Visual Table** – On the top right, you can see all current indicator values at a glance, with color coding for easy interpretation.

6️⃣ **Plots & Levels** –

* BIAS, RSI, Stoch are plotted clearly
* RSI has **midline at 50** for trend reference
* Standard overbought/oversold levels highlighted

✅ **How to Use:**

* Look for RSI or Stoch crossing midline or extreme levels for potential entries.
* Check MACD histogram and lines for confirmation of trend strength.
* Use BIAS to see if price is stretched from the moving average.

This indicator is perfect for **momentum, trend, and mean-reversion traders**, giving multiple signals in one pane without clutter.

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wczoraj

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