OPEN-SOURCE SCRIPT

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

2868
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.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.