This is a dummy example showing how you can combine 2 indicators and display a signal when there is a convergence In this case, it will display a blue BUY diamond when both the MM cross and MACD are in the same BUY direction. Same with a PURPLE diamond when both subsequent indicators are bearish
Please note it will display only the first occurence. It won't be displayed every time the convergence is true otherwise it will pollute the graph quickly with a lot of useless signals
Enjoy
Dave
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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.