The Derivative Oscillator calculates a double-exponentially smoothed Relative Strength Index (RSI) and subtracts its Simple Moving Average (SMA) to form the main oscillator line. A secondary signal line is plotted using an SMA of the main oscillator values. Th
Indicator · Pine Script v6 · Own pane
Predictive Moving Average Convergence Divergence - Ryder
Predictive Moving Average Convergence Divergence - Ryder calculates a classic MACD oscillator with customizable fast, slow, and signal lengths.
GitHub stars7on the repository
Pine versionv6current
Lines of code69
Settings12inputs
LicenceNone stated
Last update3 months ago24 Jul 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
In addition to plotting the standard MACD line, signal line, and histogram in a separate pane, it calculates forward values up to three bars ahead using recursive exponential moving average projections. Users can toggle percentage price scaling and select higher timeframes for multi-timeframe analysis. Color settings allow customization of histogram momentum states above and below the zero line.
- Customizable fast, slow, and signal length parameters
- Multi-timeframe MACD security calculations
- Forward projected MACD, signal, and histogram values
- Four-color histogram displaying directional momentum changes
- Optional percentage price scaling mode
Details
Published by
eddiebelaval on GitHub
Type
Indicator, Pine Script v6
Draws
Separate pane below the chart
Category
Oscillators & momentum, Moving averages
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| MACD Timeframe (blank = current) | timeframe | | macdTF |
| Fast Length | int | 5 | fast_length |
| Slow Length | int | 34 | slow_length |
| Signal Smoothing | int | 5 | signal_length |
| Source | source | close | src |
| Percentage Price | bool | false | percent |
| MACD Line | color | #2962FF | col_macd |
| Signal Line | color | #FF6D00 | col_signal |
| Above Grow | color | #26A69A | col_grow_above |
| Above Fall | color | #B2DFDB | col_fall_above |
| Below Grow | color | #FFCDD2 | col_grow_below |
| Below Fall | color | #FF5252 | col_fall_below |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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