OPEN-SOURCE SCRIPT
MACD Crossover Signals
This is a way of saying thank you to everyone who has been sharing opensource scripts for indicators and strategies on TV.
This indicator generates a "Buy" or "Sell" signal based on two rules.
1. "Buy" when the MACD crosses above the signal
2. "Sell" when the MACD crosses below the signal
The MACD parameters are configurable so you can even configure it for the LBR 3-10 Oscillator. :)
Hope you find this useful in your learning journey.
This indicator generates a "Buy" or "Sell" signal based on two rules.
1. "Buy" when the MACD crosses above the signal
2. "Sell" when the MACD crosses below the signal
The MACD parameters are configurable so you can even configure it for the LBR 3-10 Oscillator. :)
Hope you find this useful in your learning journey.
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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