OPEN-SOURCE SCRIPT
Dual MACD Combo

Core Function
It combines two separate MACD indicators with different settings into a single tool so you can:
Confirm trend strength
Filter out weak or fake signals
Spot higher-probability buy/sell moments
Think of it as MACD confirmation mode.
What You See on the Chart
1) Two Full MACDs in One Pane
Each MACD includes:
MACD line
Signal line
Histogram
So you’re not losing any normal MACD information—just stacking them together.
2) Fully Customizable Settings
You can change for both MACDs independently:
Fast EMA length
Slow EMA length
Signal smoothing
This lets you do things like:
One fast MACD for early momentum
One slow MACD for trend confirmation
3) Color-Coded Histograms
Helps quick visual reading:
Positive momentum → cool colors
Negative momentum → warm colors
So you can judge direction instantly without staring at numbers.
4) Clear Combined Buy/Sell Signals
This is the big feature:
BUY signal
Appears when:
MACD 1 is bullish AND
MACD 2 is bullish
→ Stronger confirmation than a single MACD.
SELL signal
Appears when:
MACD 1 is bearish AND
MACD 2 is bearish
→ Helps avoid early exits or fake reversals.
5) Zero Line Reference
The horizontal zero line lets you quickly see:
Momentum above zero → bullish bias
Momentum below zero → bearish bias
Classic MACD context, still included.
Practical Trading Use
This indicator is especially good for:
Trend confirmation entries
Filtering choppy markets
Swing trading
Momentum continuation setups
Not ideal alone for:
Ultra-fast scalping
Precise stop placement
(But we could extend it to handle those.)
What It Could Be Upgraded To
Easy next upgrades if you want:
🔔 TradingView alerts
📊 Full backtest strategy
⏱ Multi-timeframe confirmation
🧠 Smart signal filtering (ATR, trend filter, etc.)
🎨 Cleaner professional visual layout
It combines two separate MACD indicators with different settings into a single tool so you can:
Confirm trend strength
Filter out weak or fake signals
Spot higher-probability buy/sell moments
Think of it as MACD confirmation mode.
What You See on the Chart
1) Two Full MACDs in One Pane
Each MACD includes:
MACD line
Signal line
Histogram
So you’re not losing any normal MACD information—just stacking them together.
2) Fully Customizable Settings
You can change for both MACDs independently:
Fast EMA length
Slow EMA length
Signal smoothing
This lets you do things like:
One fast MACD for early momentum
One slow MACD for trend confirmation
3) Color-Coded Histograms
Helps quick visual reading:
Positive momentum → cool colors
Negative momentum → warm colors
So you can judge direction instantly without staring at numbers.
4) Clear Combined Buy/Sell Signals
This is the big feature:
BUY signal
Appears when:
MACD 1 is bullish AND
MACD 2 is bullish
→ Stronger confirmation than a single MACD.
SELL signal
Appears when:
MACD 1 is bearish AND
MACD 2 is bearish
→ Helps avoid early exits or fake reversals.
5) Zero Line Reference
The horizontal zero line lets you quickly see:
Momentum above zero → bullish bias
Momentum below zero → bearish bias
Classic MACD context, still included.
Practical Trading Use
This indicator is especially good for:
Trend confirmation entries
Filtering choppy markets
Swing trading
Momentum continuation setups
Not ideal alone for:
Ultra-fast scalping
Precise stop placement
(But we could extend it to handle those.)
What It Could Be Upgraded To
Easy next upgrades if you want:
🔔 TradingView alerts
📊 Full backtest strategy
⏱ Multi-timeframe confirmation
🧠 Smart signal filtering (ATR, trend filter, etc.)
🎨 Cleaner professional visual layout
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.