OPEN-SOURCE SCRIPT
Dual MACD Combo

Core Function
It combines two separate MACD indicators with different settings into a single tool so you can:
Confirm trend strength
Filter out weak or fake signals
Spot higher-probability buy/sell moments
Think of it as MACD confirmation mode.
What You See on the Chart
1) Two Full MACDs in One Pane
Each MACD includes:
MACD line
Signal line
Histogram
So you’re not losing any normal MACD information—just stacking them together.
2) Fully Customizable Settings
You can change for both MACDs independently:
Fast EMA length
Slow EMA length
Signal smoothing
This lets you do things like:
One fast MACD for early momentum
One slow MACD for trend confirmation
3) Color-Coded Histograms
Helps quick visual reading:
Positive momentum → cool colors
Negative momentum → warm colors
So you can judge direction instantly without staring at numbers.
4) Clear Combined Buy/Sell Signals
This is the big feature:
BUY signal
Appears when:
MACD 1 is bullish AND
MACD 2 is bullish
→ Stronger confirmation than a single MACD.
SELL signal
Appears when:
MACD 1 is bearish AND
MACD 2 is bearish
→ Helps avoid early exits or fake reversals.
5) Zero Line Reference
The horizontal zero line lets you quickly see:
Momentum above zero → bullish bias
Momentum below zero → bearish bias
Classic MACD context, still included.
Practical Trading Use
This indicator is especially good for:
Trend confirmation entries
Filtering choppy markets
Swing trading
Momentum continuation setups
Not ideal alone for:
Ultra-fast scalping
Precise stop placement
(But we could extend it to handle those.)
What It Could Be Upgraded To
Easy next upgrades if you want:
🔔 TradingView alerts
📊 Full backtest strategy
⏱ Multi-timeframe confirmation
🧠 Smart signal filtering (ATR, trend filter, etc.)
🎨 Cleaner professional visual layout
It combines two separate MACD indicators with different settings into a single tool so you can:
Confirm trend strength
Filter out weak or fake signals
Spot higher-probability buy/sell moments
Think of it as MACD confirmation mode.
What You See on the Chart
1) Two Full MACDs in One Pane
Each MACD includes:
MACD line
Signal line
Histogram
So you’re not losing any normal MACD information—just stacking them together.
2) Fully Customizable Settings
You can change for both MACDs independently:
Fast EMA length
Slow EMA length
Signal smoothing
This lets you do things like:
One fast MACD for early momentum
One slow MACD for trend confirmation
3) Color-Coded Histograms
Helps quick visual reading:
Positive momentum → cool colors
Negative momentum → warm colors
So you can judge direction instantly without staring at numbers.
4) Clear Combined Buy/Sell Signals
This is the big feature:
BUY signal
Appears when:
MACD 1 is bullish AND
MACD 2 is bullish
→ Stronger confirmation than a single MACD.
SELL signal
Appears when:
MACD 1 is bearish AND
MACD 2 is bearish
→ Helps avoid early exits or fake reversals.
5) Zero Line Reference
The horizontal zero line lets you quickly see:
Momentum above zero → bullish bias
Momentum below zero → bearish bias
Classic MACD context, still included.
Practical Trading Use
This indicator is especially good for:
Trend confirmation entries
Filtering choppy markets
Swing trading
Momentum continuation setups
Not ideal alone for:
Ultra-fast scalping
Precise stop placement
(But we could extend it to handle those.)
What It Could Be Upgraded To
Easy next upgrades if you want:
🔔 TradingView alerts
📊 Full backtest strategy
⏱ Multi-timeframe confirmation
🧠 Smart signal filtering (ATR, trend filter, etc.)
🎨 Cleaner professional visual layout
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.