OPEN-SOURCE SCRIPT

MACD Trend Following Strategy

Updated
How it work ?
Work like normal MACD because this is MACD without any modify but i add color of candlestick and strategy.
The color meaning :
Green= macd > signal and macd>0 (Buy)
Red= macd < signal and macd<0 (Sell)
Yellow= macd > signal and macd<0 (Maybe reversal point)
Blue= macd < signal and macd>0 (Maybe reversal point)

Feature
- Back test range
- Long/Short option
- Modifiable MACD Setting
Release Notes
Fix Backtest range
Moving Average Convergence / Divergence (MACD)trendfollowing

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.

Want to use this script on a chart?


เม่าปีกเหล็กกล้า ที่คิดจะเอาตัวรอดจากตลาดอันโหดร้าย
Also on:

Disclaimer