mastixmc

MACD Crossover Trend Indicator

This is a very simple "the trend is your friend" indicator - if you are consistent!

How this indicator works:
This indicator detects MACD Crossovers based on the current trend. It checks wether the current close price is above or below the 200 EMA and therefore decides whether we are in an up- or down trend.

UP-TREND: If the price is above the EMA200, the MACD is below 0 and crosses up the signal line, then this is a BUY signal!

DOWN-TREND: If the price is below the EMA200, MACD is above 0 and crosses down the signal line, then this is a SELL signal!

You can also add an alert, that keeps you informed, once one of these scenario happens for a certain pair!

With this indicator you will never enter against the trend.

Have fun! :)
Remover dos scripts favoritos Adicionar aos scripts favoritos

Comentários

Nice script, I removed the MACD <0 to give more signals
Resposta
Awesome! Is there a way it utilise it as a scan so that a buy/sell would show up on your screen through an alert?
Resposta
Much thanks!
Resposta
Good Job!
Resposta
why isnt there Sell cross places ?
Resposta
mastixmc aktifgirisimcilik
@aktifgirisimcilik, this indicator only puts SELLs when the price is below the EMA200. Which is not the case in this example. Use this Indicator on a bearish pair and you'll also see SELL signals.
Resposta
Great Job
Resposta
Início Rastreador de Fundamentos Rastreador Forex Rastreador de Criptomoedas Calendário Econômico Como Funciona Recursos gráficos Preços Indique um Amigo Regras da Casa Central de Ajuda Soluções para Sites & Corretoras Widgets Soluções em Gráficos Biblioteca de Gráficos Lightweight Blog & Notícias Twitter
Perfil Configurações de perfil Conta e Cobrança Amigos indicados Moedas Meus Tíquetes de Suporte Central de Ajuda Ideias Publicadas Seguidores Seguindo Mensagens Privadas Conversa Deslogar