OPEN-SOURCE SCRIPT
MACD + Stochastic
MACD + Stochastic 14 Scenarios - Complete Signal Analysis
Combines MACD and Stochastic Oscillator to identify 14 different market scenarios based on crossover timing and indicator positioning.
🎯 Signal Strength Classification:
• STRONG (⭐⭐⭐⭐⭐): Both indicators cross together - highest confidence
• MODERATE (⭐⭐⭐⭐): One crosses while other confirms - good confidence
• WEAK (⭐⭐): Conflicting signals - low confidence
📊 Visual Features:
✓ Color-coded shapes on chart (triangles, circles, X marks)
✓ Scenario labels (1-16, excluding 12 & 14)
✓ Real-time info table showing current status
✓ Customizable signal display (show/hide by strength)
✓ Built-in alerts for all signal types
Perfect for swing traders and position traders looking for high-probability entries with dual indicator confirmation. Use on daily
timeframe for best results.
Includes toggleable display options for strong, moderate, and weak signals.
Combines MACD and Stochastic Oscillator to identify 14 different market scenarios based on crossover timing and indicator positioning.
🎯 Signal Strength Classification:
• STRONG (⭐⭐⭐⭐⭐): Both indicators cross together - highest confidence
• MODERATE (⭐⭐⭐⭐): One crosses while other confirms - good confidence
• WEAK (⭐⭐): Conflicting signals - low confidence
📊 Visual Features:
✓ Color-coded shapes on chart (triangles, circles, X marks)
✓ Scenario labels (1-16, excluding 12 & 14)
✓ Real-time info table showing current status
✓ Customizable signal display (show/hide by strength)
✓ Built-in alerts for all signal types
Perfect for swing traders and position traders looking for high-probability entries with dual indicator confirmation. Use on daily
timeframe for best results.
Includes toggleable display options for strong, moderate, and weak signals.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.