OPEN-SOURCE SCRIPT

MACD Profit Candles

85 351
This tool is simple yet very effective. It creates new candles on the chart based on the MACD.

Candles are green when MACD is increasing and red when it is decreasing. All lengths can be adjusted in the input menu and there is an option to plot the signal line.

The rules for using it are pretty simple:

1.Buy on Green

2.Sell on red

~Happy Trading~

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.