OPEN-SOURCE SCRIPT
Matt's 5m-15m-1h MACD Alignment Moment Signals
This indicator for TradingView is designed to pinpoint the exact moment a high-probability, multi-timeframe trend alignment occurs. It provides specific, single-candle alerts ("buy" or "sell arrows) based on the simultaneous direction of three key timeframes.
What the Indicator Does
The indicator waits for the 1-hour, 15-minute, and 5-minute MACD indicators to all agree on the market's direction.
Crucially, it only plots an arrow on the specific bar where this alignment first happens. It doesn't continuously show arrows while the trend is ongoing; it alerts you to the initiation point of the unified trend.
How to Interpret the Signals
The indicator provides two clear signals on your chart:
Signal Color Action Interpretation
Green Up Arrow Green Buy Signal The 1H, 15M, and 5M MACDs just aligned in a bullish direction simultaneously. This is a potential entry point for a long trade.
Red Down Arrow Red Sell Signal The 1H, 15M, and 5M MACDs just aligned in a bearish direction simultaneously. This is a potential entry point for a short trade.
Summary
This tool helps an intraday trader identify market shifts where momentum across multiple timeframes converge, offering focused, timely trade entry signals.
For best result only trade in the same direction as the 4 hour and 1 hour bias.
What the Indicator Does
The indicator waits for the 1-hour, 15-minute, and 5-minute MACD indicators to all agree on the market's direction.
Crucially, it only plots an arrow on the specific bar where this alignment first happens. It doesn't continuously show arrows while the trend is ongoing; it alerts you to the initiation point of the unified trend.
How to Interpret the Signals
The indicator provides two clear signals on your chart:
Signal Color Action Interpretation
Green Up Arrow Green Buy Signal The 1H, 15M, and 5M MACDs just aligned in a bullish direction simultaneously. This is a potential entry point for a long trade.
Red Down Arrow Red Sell Signal The 1H, 15M, and 5M MACDs just aligned in a bearish direction simultaneously. This is a potential entry point for a short trade.
Summary
This tool helps an intraday trader identify market shifts where momentum across multiple timeframes converge, offering focused, timely trade entry signals.
For best result only trade in the same direction as the 4 hour and 1 hour bias.
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.