ProfitProgrammers

MACD Profit Candles

This tool is simple yet very effective. It creates new candles on the chart based on the MACD .

Candles are green when MACD is increasing and red when it is decreasing. All lengths can be adjusted in the input menu and there is an option to plot the signal line.

The rules for using it are pretty simple:

1.Buy on Green

2.Sell on red

~Happy Trading~

-Profit Programmers
www.profitprogrammer.com
Open-source script

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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