vn5ema

TDMACD Divergence Multi Timeframe and Alert [5ema]

vn5ema Updated   
I reused some functions, made by (i believe that):
  • @paaax: The table position function.
  • @everget: The RSI divergence function.
  • @QuantNomad: The function calculated value and array to show on table for input symbols.
  • @ChaosTrader: The function calculated value TDMACD.
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What to do?
  • MACD divergence signal.
  • The crossing of MACD and Signal line.
  • The reversal of MACD.
  • The reversal of Signal line.
  • The screener follow 6 different timeframes.
  • Set notification alert when signal appears.
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How is it created?
  • MACD line = fastMA - slowMA.
  • Signal line = ta.ema(macd(), signalLength)
  • Make function for pivot low & high point of MACD and price.
  • Request.security that function for earch time frame.
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How to use?
Can be combined with many other indicators or candlestick patterns.
Customize the input indicators to suit your strategy

1. MACD reversed:

2. Signal line reversed:

3. MACD Divergence:

4. MACD crossing Signal line:

5. Signal on Screener for multi time frame:
  • Green ⦿: Buy.
  • Red ⦿: Sell.
  • Green 〇: Review Buy.
  • Red 〇: Review Sell.

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  • This indicator is for reference only, you need your own method and strategy.
  • If you have any questions, please let me know in the comments.

Release Notes:
Update:
  • The Alert content.
  • Position of some items.
Release Notes:
Update: The Alert content.
Open-source script

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