OPEN-SOURCE SCRIPT
Mtu Macd
alertcondition added to script
so u ll be able to put an alert when macd goes down or up to get alert from price movement up or down
when you are on indicator
right click via mouse
add alert
select mtu macdleader
then
select macd go up for buy signal
select macd go down for sell signal
use 4 hour or daily time frame for accurate results, also works better on down trend or uptrend not trade range because macd is a trend oscilator
lower time frame works too but u ll get to much alert and noise
no need if u rent a daytime trader
so u ll be able to put an alert when macd goes down or up to get alert from price movement up or down
when you are on indicator
right click via mouse
add alert
select mtu macdleader
then
select macd go up for buy signal
select macd go down for sell signal
use 4 hour or daily time frame for accurate results, also works better on down trend or uptrend not trade range because macd is a trend oscilator
lower time frame works too but u ll get to much alert and noise
no need if u rent a daytime 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.