OPEN-SOURCE SCRIPT
Updated MACD 5 iN 1 [Pro-Tool]

introducing MACD Which has different indicators inside,
And not only that, five different strategies have also been included in this indicator.
Strategy โ1:๐ MACD Crossover Signal Line
Strategy โ2:๐ MACD Crossover + MACD Overbought Section (for ignore false Crossover signals)
Strategy โ3:๐ MACD Crossover + Market Close should b greater tha MOVING AVERAGE
Strategy โ4:๐ MACD Crossover + Market Close should b greater tha MOVING AVERAGE ZONE
Strategy โ5:๐ MACD Crossover + RSI Close should b greater tha 50 Level (or whatever level you choose)
also 5 types of MOVING AVERAGE you can choose
1: Simple Moving Average ( SMA )
2: Exponential Moving Average ( EMA )
3: Weighted Moving Average ( WMA )
4: Volume Weighted Moving Average ( VWMA )
5: Relative Moving Average (RMA)
and you can customize MACD Colors + Widths + Signals and MACD lines, and also can Hide or Unhide Histogram / Cross Sign / MACD Zone Color
hope so you like it, ๐ฅฐ
Investing and trading in cryptocurrencies is very risky, as anything can happen at any time.
***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT!
And not only that, five different strategies have also been included in this indicator.
Strategy โ1:๐ MACD Crossover Signal Line
Strategy โ2:๐ MACD Crossover + MACD Overbought Section (for ignore false Crossover signals)
Strategy โ3:๐ MACD Crossover + Market Close should b greater tha MOVING AVERAGE
Strategy โ4:๐ MACD Crossover + Market Close should b greater tha MOVING AVERAGE ZONE
Strategy โ5:๐ MACD Crossover + RSI Close should b greater tha 50 Level (or whatever level you choose)
also 5 types of MOVING AVERAGE you can choose
1: Simple Moving Average ( SMA )
2: Exponential Moving Average ( EMA )
3: Weighted Moving Average ( WMA )
4: Volume Weighted Moving Average ( VWMA )
5: Relative Moving Average (RMA)
and you can customize MACD Colors + Widths + Signals and MACD lines, and also can Hide or Unhide Histogram / Cross Sign / MACD Zone Color
hope so you like it, ๐ฅฐ
Investing and trading in cryptocurrencies is very risky, as anything can happen at any time.
***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT!
Release Notes
Adding Most Powerful Trading Tool Called DIVERGENCERelease Notes
we can Hide / Unhide Divergence OptionRelease Notes
MACD NOW AVAILABLE FOR BOTOpen-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.