This is a slight modification to the MACD indicator. The golden cross indicator makes use of EMA 7 and EMA 21 as well as MACD together, in which it will turn the MACD line yellow & fill the MACD with a yellow background when MACD is above the signal line and EMA7 is above EMA21. This is best suited for swing trading on a daily timeframe.
thanks a lot,but would you plz add dead cross in this indi?
AMA235
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Terima kasih tuan
ayamtrader
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sir, this one can be view on different time frame?
pelaburtv
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@shahrintumirin, hi, it will only follow the current selected timeframe. You cannot, say, view the 1h timeframe whilst having this indicator runs on D timeframe.