moritz1301

MACD Trendprediction Strategy V1

A trend following indicator based on the MACD and EMA . In this case, signals are not generated by crossing the signal lines as with the MACD , but as soon as the distance between the signal lines increases or decreases. A profit factor of 1.6-3.5 is achieved.
Ein Trendfolge-Indikator, auf der Basis des MACD und EMA . Dabei werden Signale nicht wie bei dem MACD per Kreuzung der Signallinien generiert, sondern sobald ein der Abstand der Signallinien zu oder abnimmt.
Open-source Skript

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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