MACD Enhanced System MTF with optional TSL and Alerts [LTB]
This script is developed to analyse MACD, MACD Signal, MACD Histogram movements by using current and higher time frame. Script calculates higher time frame automatically, no manuel entry. there is trailing stop loss line that is optional.
You can change the parameters as you wish.
btw. you should know that MACD is more successful when there is a trend.
I already shared this as a strategy script. Some ppl wanted to see the code.
You might want to see strategy test =>
![MACD Enhanced Strategy MTF with Stop Loss [LTB]](https://static.tradingview.com/static/images/svg/idea-image-placeholder.svg)
by LonesomeTheBlue
You can change the parameters as you wish.
btw. you should know that MACD is more successful when there is a trend.
I already shared this as a strategy script. Some ppl wanted to see the code.
You might want to see strategy test =>
![MACD Enhanced Strategy MTF with Stop Loss [LTB]](https://s3.tradingview.com/p/PA2ndF2Q_big.png)
by LonesomeTheBlue
Versionsinformation:
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Versionsinformation:
Stop Loss Line removed.
Versionsinformation:
Fix for repainting issue and higher time frame correction for weekly chart