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PROTECTED SOURCE SCRIPT

MACD/EMA Golden Cross

By pelaburtv
Updated
This is a slight modification to the MACD indicator. The golden cross indicator makes use of EMA 7 and EMA 21 as well as MACD together, in which it will turn the MACD line yellow & fill the MACD with a yellow background when MACD is above the signal line and EMA7 is above EMA21. This is best suited for swing trading on a daily timeframe.
Release Notes
- Add EMA7/EMA21 crossover labels.
- Add dots on entry points (MACD crossovers).
Release Notes
- Add MACD divergences option.
- Hide EMA7 > EMA21 banners by default.
Release Notes
- Update sample chart.
Release Notes
- Fix errors on some counters when enabling divergence indicator.
- Show divergence by default.
Release Notes
Minor bug fixes
Exponential Moving Average (EMA)goldencrossMoving Average Convergence / Divergence (MACD)

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This script is published closed-source and you may privately use it freely.

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