INVITE-ONLY SCRIPT

AlgoTradar MACD (Auto-Optimized)

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Description
This is the AlgoTradar MACD (8H Optimized) indicator, a finely-tuned tool based on the classic MACD crossover strategy.

The script is designed to provide clear, actionable signals for both manual and automated trading systems.

How to Use
Apply to Chart: For the best results, apply this indicator to your chart on the 8-hour (8H) timeframe. Using it on other timeframes may produce less reliable signals as the parameters are tailored for 8H.

Interpret the Signals:

๐Ÿš€ BUY Signal: A green "BUY" label appears when the blue MACD line crosses above the orange Signal line. This indicates potential bullish momentum.

๐Ÿ“‰ SELL Signal: A red "SELL" label appears when the blue MACD line crosses below the orange Signal line. This indicates potential bearish momentum.

Confirmation is Key: This indicator should not be used in isolation. Always use it in conjunction with other analysis methods, such as trend lines, support and resistance levels, or other indicators, to confirm signals before entering a trade.

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.