MACD With Dynamic Zones

This is a standard MACD, but with a big game changer, we calculate upper and lower zones.

Any cross above the top of the upper zone, or bellow the bottom of the lower zone, is considered a strong signal.

Any cross inside the zone bands is considered a weak signal.

Any signal inside the two zones is considered invalid.

Best to use with it's corresponding signal marker on the chart.

For best result, use this on multi time frame.

Release Notes

Fixed a simple typo that was causing a huge error in script. FINAL version now.

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Disclaimer

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Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

CAB_Member