OPEN-SOURCE SCRIPT

mr.crypto731

mr.crypto731 is the user name of My Instagram
it's Enhanced MACD Indicator is a powerful tool designed to provide traders with visual signals for potential market entry and exit points based on the Moving Average Convergence Divergence (MACD) strategy. This customized indicator adds clear and creative strong buy and sell signals within the MACD panel, making it easier to identify key trading opportunities.

Key Features:
MACD Calculation:

Fast Length: 12

Slow Length: 26

Signal Smoothing: 9

The indicator calculates the MACD line, signal line, and histogram using these parameters.

Strong Buy Signal:

Triggered when the MACD line (green) crosses above the signal line (red) and the histogram is positive (above zero).

This signal is marked by a lime-colored triangle pointing up with the text "🚀".

Strong Sell Signal:

Triggered when the signal line (red) crosses above the MACD line (green) and the histogram is negative (below zero).

This signal is marked by a red-colored triangle pointing down with the text "🔻".

Visual Enhancements:

Signal Labels: Creative labels with emojis to highlight the strength of the signals.

Background Color: Highlights the background in lime for strong buy signals and red for strong sell signals to make them stand out.

Integration:

Plots all signals within the MACD indicator panel for clear visualization and easy interpretation.

Usage:
Buy Signal: Look for a strong buy signal when the MACD line crosses above the signal line and the histogram is positive.

Sell Signal: Look for a strong sell signal when the signal line crosses above the MACD line and the histogram is negative.

This enhanced MACD indicator is ideal for traders looking for a straightforward and visually appealing tool to identify potential trading opportunities based on MACD crossovers. Its clear signals and creative styling make it a valuable addition to any trading strategy.
buysellsignalbuysignalMoving Average Convergence / Divergence (MACD)macddivergencemacdsignalmultitimeframePrice Volume Trend (PVT)sellsignal

Open-source Skript

Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?

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