OPEN-SOURCE SCRIPT
MACD-TITAN
Indicator Description: MACD-TITAN
MACD-TITAN is an enhanced version of the traditional MACD (Moving Average Convergence Divergence) indicator. It features a modern visual design, vibrant colors, and a clear interpretation of market momentum. The indicator is designed to help traders identify trend strength and potential reversals more effectively.
Configurable Parameters (default values)
Fast Length: 12 – period of the fast moving average
Slow Length: 26 – period of the slow moving average
Signal Smoothing: 9 – smoothing period for the signal line
These settings determine how sensitive the indicator is to price changes and can be adjusted to fit different trading styles.
Visual Interpretation
Strong Green Histogram: bullish momentum increasing
Weak Green Histogram: bullish momentum weakening
Strong Red Histogram: bearish momentum increasing
Weak Red Histogram: bearish momentum weakening
Additional lines:
MACD Line (turquoise): represents current trend momentum
Signal Line (orange): used for crossover confirmations with the MACD line
Built-in Alerts
The indicator includes two native alert conditions:
When the histogram crosses from positive to negative: possible start of a bearish trend
When the histogram crosses from negative to positive: possible start of a bullish trend
These alerts help traders track key momentum shifts.
Usage Tips
This indicator can be used both for spotting potential reversals and for tracking the strength of an ongoing trend. For better reliability, it is recommended to combine it with other tools such as support/resistance levels, RSI, or volume analysis.
MACD-TITAN is an enhanced version of the traditional MACD (Moving Average Convergence Divergence) indicator. It features a modern visual design, vibrant colors, and a clear interpretation of market momentum. The indicator is designed to help traders identify trend strength and potential reversals more effectively.
Configurable Parameters (default values)
Fast Length: 12 – period of the fast moving average
Slow Length: 26 – period of the slow moving average
Signal Smoothing: 9 – smoothing period for the signal line
These settings determine how sensitive the indicator is to price changes and can be adjusted to fit different trading styles.
Visual Interpretation
Strong Green Histogram: bullish momentum increasing
Weak Green Histogram: bullish momentum weakening
Strong Red Histogram: bearish momentum increasing
Weak Red Histogram: bearish momentum weakening
Additional lines:
MACD Line (turquoise): represents current trend momentum
Signal Line (orange): used for crossover confirmations with the MACD line
Built-in Alerts
The indicator includes two native alert conditions:
When the histogram crosses from positive to negative: possible start of a bearish trend
When the histogram crosses from negative to positive: possible start of a bullish trend
These alerts help traders track key momentum shifts.
Usage Tips
This indicator can be used both for spotting potential reversals and for tracking the strength of an ongoing trend. For better reliability, it is recommended to combine it with other tools such as support/resistance levels, RSI, or volume analysis.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
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
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
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.