Get started
CAB_Member

MACD With Dynamic Zones

CAB_Member Updated   
Oscillators Centered Oscillators Trend Analysis cross signals
74
0
oscillator centeredoscillator trendanalysis cross signals
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.
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?