OPEN-SOURCE SCRIPT

EMA Cross and MACD Signal Combined

Diupdate
The rule is simple.

When MACD crosses up, it is supposed to give a buy signal. However, before entering into a Long position, there is a need for a confirmation. This confirmation can be from a down trendline breakout or from another indicator.

In this case, I've chosen the Exponential Moving Average Cross to be as the confirmation.

The Buy Signal will appear when there it fulfills the following conditions:-
i. The MACD line is above the Signal Line
ii. The fast EMA crosses the Slow EMA

The Sell signal will appears when the opposite of the above condition is met.

This indicator is meant for the Swing Trader whom would like to hold a position for a long time.
Catatan Rilis
Adding in the title
Catatan Rilis
Added Momentum EMA Level to determine possible rebound level with high momentum.
Catatan Rilis
Added in a simple alert function to trigger when to Buy / Sell
Catatan Rilis
Added in the alert function.
Catatan Rilis
Changed title
Exponential Moving Average (EMA)Moving Average Convergence / Divergence (MACD)macdcross

Skrip open-source

Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menerbitkannya sebagai sumber terbuka, sehingga para trader dapat memahami dan memverifikasinya. Hormat untuk penulisnya! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart

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