OPEN-SOURCE SCRIPT
MACD Killer Indicator with SuperTrend and RSI
The "MACD Killer Indicator with SuperTrend and RSI" is a comprehensive trading tool designed for technical analysis on TradingView. This script incorporates three powerful indicators: the MACD (Moving Average Convergence Divergence), SuperTrend, and RSI (Relative Strength Index) to generate buy and sell signals.
This indicator effectively mitigates consecutive signals of the same type, helping traders avoid false entries and exits. The visual elements, including clearly marked buy and sell signals and background color changes, enhance the user experience, making it easier to spot actionable trade opportunities on the charts.
- MACD is used to determine the momentum of the asset, signaling entry points when the MACD line crosses above the signal line.
- The SuperTrend adds a layer of trend detection, ensuring that trades are executed in the direction of the prevailing trend, indicated by the SuperTrend line's color (green for uptrend, red for downtrend).
- RSI is employed to filter out overbought conditions, limiting buy signals when RSI is below 73.
This indicator effectively mitigates consecutive signals of the same type, helping traders avoid false entries and exits. The visual elements, including clearly marked buy and sell signals and background color changes, enhance the user experience, making it easier to spot actionable trade opportunities on the charts.
Skrip sumber terbuka
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.
Skrip sumber terbuka
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.