OPEN-SOURCE SCRIPT

MACD S/R signal indicator

2975
I've based the script on my MACDs/r indicator.

I think it works better on higher timeframes, this is just an experiment, please feel free to modify it.

I have been testing it with parabolic SARS to know when to exit the trades.

Exit condition: if I'm in a log position and the price is below the last bearish parabolic SARS dot I exit the trade and the opposite for shorts

DISCLAIMER: Is just an experiment and I haven't test it with real money, be careful

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.