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TPG Trend + MACD

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User Guide for "TPG Trend + MACD"
Author: TrungChuThanh

🔎 Main Functions
The TPG Trend + MACD indicator is a combined tool that integrates:

TPG Trend Histogram (spread between fast and slow EMA)
MACD Line & Signal for confirming trend momentum
Buy/Sell signals displayed directly on the indicator panel

⚙️ Components and Meaning

1️⃣ TPG Trend Histogram
Calculated from the difference between Fast EMA (9) and Slow EMA (26).
Light gray bars = bullish trend (spread > 0)
Dark gray bars = bearish trend (spread < 0)

Signal triggers:

B1 (green label): Crossover above 0 → Buy signal
S1 (red label): Crossunder below 0 → Sell signal

2️⃣ MACD Line & Signal
Consists of:

MACD Line = EMA(12) – EMA(26)
Signal Line = EMA(9) of the MACD Line
Confirmation signals:

B2 (blue triangle): MACD crosses above Signal → Buy confirmation
S2 (orange triangle): MACD crosses below Signal → Sell confirmation
MACD Line: Blue

Signal Line: Orange

📌 How to Use

Determine the main trend using the TPG Histogram
→ When the histogram crosses above zero → Consider Buy
→ When it crosses below zero → Consider Sell

Use MACD to confirm trend direction or optimize entry timing

✅ Prefer signals when both TPG and MACD align (e.g., B1 + B2 or S1 + S2)

⚠️ Avoid using the indicator alone; combine with support/resistance, RSI, volume, or other tools for higher accuracy

🛠️ Adjustable Parameters

Fast/Slow EMA for TPG Trend
Fast/Slow/Signal for MACD
Toggle to show/hide TPG and MACD elements in the panel

⚠️ Notes

This is a technical analysis tool, not investment advice
Always apply risk management, set clear stop-loss, and confirm signals across multiple timeframes

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.