OPEN-SOURCE SCRIPT
MIDAS Line v.1
MIDAS line v1 is apply form MACD + EMA89
If MIDAS is Green it's mean MACD cross up zero and positive trend is coming
If MIDAS is yellow it's mean MACD positive trend too but it's weaker
If MIDAS is red it's mean MACD cross down zero line negative trend
If MIDAS is blue it's mean negative too but positive is coming
Have a goodluck
If MIDAS is Green it's mean MACD cross up zero and positive trend is coming
If MIDAS is yellow it's mean MACD positive trend too but it's weaker
If MIDAS is red it's mean MACD cross down zero line negative trend
If MIDAS is blue it's mean negative too but positive is coming
Have a goodluck
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.