OPEN-SOURCE SCRIPT

MACD Range Detector by Simonezzi

292
Key Features:

Range Detection: Identifies sideways markets by analyzing MACD flatness, histogram behavior, and MACD-Signal convergence

Visual Alerts: Colors the background orange during ranging periods, blue during trends

Labels: Marks when the market enters/exits ranging conditions

Statistics Table: Shows real-time metrics (top-right corner)

Built-in Alerts: Set alerts for range detection and trend resumption

MACD Panel: Optional display of MACD components with range highlighting

The indicator works best on higher timeframes (1H, 4H, Daily) for more reliable range detection. Orange background = ranging market, Blue labels = trend resuming.

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.