OPEN-SOURCE SCRIPT

MACD Crossover with Supertrend Filter

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This script is a custom trading indicator that generates **buy and sell signals** based on the combination of:

### 🔹 MACD Crossover:

* **Long (Buy)** signal: when the MACD line crosses above the signal line **below the 0 line**.
* **Short (Sell)** signal: when the MACD line crosses below the signal line **above the 0 line**.

### 🔹 Supertrend Filter:

* **Only buy** when the Supertrend is **bullish (green)**.
* **Only sell** when the Supertrend is **bearish (red)**.

### 🔹 Additional Features:

* Plots green or red arrows on the chart for entries.
* Supertrend line is color-coded.
* Alerts can be enabled for both long and short signals.

✅ This combination filters MACD signals using trend direction for more reliable entries.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.