Highlighter Strategy


Based on Normalized Smoothed MACD by Dreadblitz

Updated slightly the rules about when it'll take a signal, and made it an overlay so that you see "green" and "red" on the price bar.

Things you might want to do when using it.
- Add a stoploss/trailing stop probably a MA of your choosing.
- Check different time frames to confirm a strong entry

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.

Want to use this script on a chart?


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