OPEN-SOURCE SCRIPT
Moving Average Convergence Divergence 3 line
This adds an additional line to the traditional MACD. The goal is to better identify entry and exit times. I am going to adjust the time frame for optimal on a 1hr chart and 4hr chart. Primary Goal is the identify low risk entry for swing trades lasting one day to two weeks.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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