PROTECTED SOURCE SCRIPT
Dingo_2_MACD with entry points
Using 2 MACD with different settings and ADX for determining if is trending or ranging.
ADX below 20 >> ranging
ADX above 23 >> trending
Since the systems use 2 MACD crossing, I removed signal line and histogram.
What you see as a histogram it's actually MACD value plotted histo style.
Please comment if you think it can be improved.
Enjoy!
Thank you!
ADX below 20 >> ranging
ADX above 23 >> trending
Since the systems use 2 MACD crossing, I removed signal line and histogram.
What you see as a histogram it's actually MACD value plotted histo style.
Please comment if you think it can be improved.
Enjoy!
Thank you!
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.