PROTECTED SOURCE SCRIPT
4 Hour MACD, Signal Line Only
I call this my "anchor line" to show me the general direction of where bitcoin -0.51% is going on any given day.
Whether you are trading on 5m, 30m, 1h, this can provide you reinforcement for your directional bias (bullish/bearish)
I like to use this in place of a 50EMA or 200EMA to find the general direction of the trend, because it more precisely captures the fast rallies and dumps
Goes hand in hand with my "Dual Time Frame Momentum Strategy"
Disable the MACD line once you turn it on
Original credits go to ChrisMoody
Whether you are trading on 5m, 30m, 1h, this can provide you reinforcement for your directional bias (bullish/bearish)
I like to use this in place of a 50EMA or 200EMA to find the general direction of the trend, because it more precisely captures the fast rallies and dumps
Goes hand in hand with my "Dual Time Frame Momentum Strategy"
Disable the MACD line once you turn it on
Original credits go to ChrisMoody
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.