MACD Cross [Momentum & Trend Filter]

30. Jan. 2022

This is MTF MACD crossover and crossunder, with EMA trend filter and MTF RSI overbought/oversold filter.

Guidelines:
- User can set stop loss, take profit target and risk to reward ratio in setting
- ATR Stop and ATR Multiplier are use to set stop loss and take profit levels, setting are varies depend on what you are trading, play around and find appropriate number
- Don't trade if range between stop loss and target profit are too small or if there are too many small range try to increase multiplier
- If MACD Zero Line Filter enable, detect MACD crossover only under zero line for LONG, and detect MACD crossunder only above zero line for SHORT
- If EMA Trend Filter enable, detect MACD crossover which price above EMA for LONG, and detect MACD crossunder which price below EMA for SHORT
- RSI timeframe 1-3 should not lower than chart timeframe to display Overbought and Oversold correctly
- Enable MTF Overbought and Oversold just to display red background for Overbought, and green background for Oversold

There are 3 alert options:
[MACD Short, MACD Long, MACD crossover & crossunder]
(For those free user which can get only 1 alert, please choose "MACD crossover & crossunder" if you want to get alert for both long and short directions)

Have fun :)

4. Feb. 2022

Versionshinweise

Added entry line.