PROTECTED SOURCE SCRIPT
My MACD S/R
Updated
This script is dynamic support & resistance based on MACD crossover.
Resistance= highest value of candle looks back when MACD crossdown.
Support= lowest value of candle looks back when MACD crossover.
Middle line is average of Resistance and Support.
Buy when close crossover Mid line.
Sell when close crossunder Mid line.
Resistance= highest value of candle looks back when MACD crossdown.
Support= lowest value of candle looks back when MACD crossover.
Middle line is average of Resistance and Support.
Buy when close crossover Mid line.
Sell when close crossunder Mid line.
Release Notes
Added Heikin Ashi OptionAdded Buy/Sell Line Reference
Release Notes
Added Trendline for S/R and Middle Line
Added Middle Line ratio
Added option MACD HA and Kalman Ehler
Added more Trading Style
If Buy, please use Green TrendLine as SL or Trailing
If Sell, please use Red TrendLine as SL or Trailing
Protected script
This script is published closed-source and you may privately use it freely.
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