MACD Crossover + Alert

Apr 9

MACD Proximity & Crossover Alert Script
This script is designed to help traders stay ahead of MACD crossovers by providing:

• Early alerts when the MACD and Signal lines are getting close (within a customizable threshold)
  
• Instant alerts when a bullish or bearish crossover occurs
  

Whether you're swing trading or scalping, this tool gives you advanced notice to prepare — and a confirmation signal to act on. It works on any timeframe and helps avoid late entries by alerting you when momentum is shifting.

Features:

• Customizable MACD settings (fast, slow, signal length)
  
• Adjustable "proximity" threshold
  
• Visual background highlight when lines are close
  
• Built-in alert conditions for:
  
• MACD crossing above Signal (bullish)
  
• MACD crossing below Signal (bearish)
  
• MACD and Signal getting close (early warning)
  

Perfect for traders who want a heads-up before momentum shifts — not just a reaction afterward.

Apr 9

Release Notes

What's New
This is a major upgrade from the basic MACD Crossover script to a comprehensive MACD analysis tool. The new Enhanced MACD v2.1 includes:

• Upgraded to Pine Script v6 for improved performance and features
  
• Dynamic Threshold Detection using ATR or static value to identify potential crossovers before they happen
  
• Comprehensive Divergence Detection for both regular and hidden divergences (bullish and bearish)
  
• Multi-Timeframe Analysis with optional higher timeframe MACD overlay
  
• Volume Confirmation for more reliable crossover signals
  

Enhanced Visual Indicators:

• Slope-based coloring for MACD and Signal lines
  
• Dynamic histogram coloring for momentum changes
  
• Visual markers for all divergence types
  
• Background highlighting for near-crossovers
  

• Zero Line Crossover detection and alerts
  
• Complete Alert System for crossovers, divergences, and threshold approaches
  

Trading Applications
The Enhanced MACD gives traders significant advantages:

1. Early Signal Detection - Proximity threshold alerts you before crossovers happen
   
2. Signal Validation - Volume confirmation reduces false signals
   
3. Trend Reversal Identification - Divergence detection spots potential reversals
   
4. Multi-timeframe Analysis - Compare current timeframe MACD with higher timeframes
   
5. Momentum Assessment - Histogram coloring shows strength changes
   

How to Use

• Crossover signals are shown with triangle markers (up for bullish, down for bearish)
  
• Divergences are highlighted with connecting lines and bullet points
  
• Near-crossover zones are highlighted with subtle yellow background
  
• Use alerts for real-time notification of important MACD events
  

This indicator is perfect for traders looking for a more robust MACD implementation with advanced technical features while maintaining an intuitive visual display.