OPEN-SOURCE SCRIPT

MACD Strategy with Settings

By traderhub
MACD (Moving Average Convergence Divergence) is calculated using fast and slow moving averages and a signal line.
The strategy opens a long position when the MACD line crosses the signal line from below (bullish signal).
The strategy closes the long position and opens a short position when the MACD line crosses the signal line from above (bearish signal).
You can modify the entry and exit parameters as you wish, adding stop-losses, take-profits, trailing stops, or any other conditions.
adjustableeducationalMoving AveragesPine utilitiesstrategy

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In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. Du kan ange den som favorit för att använda den i ett diagram.

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