OPEN-SOURCE SCRIPT

Myx.Mir_ MACD.V2 ][ c/w Hist.Color & Label

3 164
Moving average convergence divergence ( MACD ) is commonly and widely used for Technical Analysis .

// Basis- based on default setting
macdLine, signalLine, histLine = default setting


with additional "cosmetic/ Makeup"
1) for 4R1G set up Trader. Histogram color as follows:-
a) if Hist => 0 = Hist > Hist ? color.green : na, Hist < Hist ? color.red : na
b) if Hist <= 0 = Hist < Hist ? color.green : na, Hist > Hist ? color.red : na

2) crossover MACD Line, SignalLine- with label "EN" / "EX"


Do not follow the signal blindly. Trader's should be able to identify the trend whether there is uptrend, sideways and downtrend.
Entry and/or Exit are based on Trader's risk appetite.

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.