OPEN-SOURCE SCRIPT

[LanZhu] - MTF MAs Crossover

Actualizado
Credited to ChrisMoody's script ==> _CM_Ultimate_MA_MTF_V4 :)

I have modified a bit his indicator to include more MTF fast MA and slow MA crossover. I have added table to show MTF bullish and bearish status. Fast MA above Slow MA is considered Bullish and vice versa

Kindly refer to chart to see explanation of this indicator. Hopefully you guys will enjoy :)

imagen
Notas de prensa
V2

[ New ] - Add MTF MACD as filter
[ Update ] - Remove MTF MAs cross overall golden/dead cross

1) Add MTF MACD as filter

I have added MTF MACD to filter out some noise. Hence, default buy/sell signal will shows based on EMAs cross above/below MACD zero line. The idea is golden cross above zero line and dead cross below zero line usually lead to trend change thus is preferable point to entry or exit trade.

2) Remove MTF MAs cross overall golden/dead cross

Removed because I found it is not so useful for me. Instead, I have include MACD cross as an extra option to entry or exit trade.
Notas de prensa
Update

Upgrade to Pine V5
crossoverMoving Averagesmultipletimeframe

Script de código abierto

Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.

¿Quiere utilizar este script en un gráfico?


If you find the free indicators helpful, donations are welcome :)
buymeacoffee.com/lanzhu0506

Exención de responsabilidad