Mlnklkm

Mtu Macd

alertcondition added to script
so u ll be able to put an alert when macd goes down or up to get alert from price movement up or down


when you are on indicator
right click via mouse
add alert
select mtu macdleader
then

select macd go up for buy signal
select macd go down for sell signal

use 4 hour or daily time frame for accurate results, also works better on down trend or uptrend not trade range because macd is a trend oscilator
lower time frame works too but u ll get to much alert and noise
no need if u rent a daytime trader

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

Want to use this script on a chart?