OPEN-SOURCE SCRIPT
Double MACD Buy and Sell
Indicator for strategy that was used in a Forex competition and was a winner. Use double MACD with custom settings, search video on YouTube:
Learn Five Powerful MACD Trading Strategies
Add some tools to analyze the market context a little more:
- Detector of regular and hidden divergences.
- Atlas Zone (detects consolidation that is about to generate a movement)
- Choppines zone configurable (detects if the market is stable or not)
Visualization of entries in trend and counter-trend according to the rules described in the video.
Buy and sell alerts.
Note: I do not recommend using only this indicator as an investment strategy, it is another tool that must be complemented with a market study by the trader.
Learn Five Powerful MACD Trading Strategies
Add some tools to analyze the market context a little more:
- Detector of regular and hidden divergences.
- Atlas Zone (detects consolidation that is about to generate a movement)
- Choppines zone configurable (detects if the market is stable or not)
Visualization of entries in trend and counter-trend according to the rules described in the video.
Buy and sell alerts.
Note: I do not recommend using only this indicator as an investment strategy, it is another tool that must be complemented with a market study by the trader.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.