Excellent work Mohammed3nan. This and your CCI pane have certainly helped my trading. I would like to develop the idea further (incorporatin
v_perfect
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hi can you give access to your MTF MACD indicator please. thanks
v_perfect
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this is awesome. it looks like the indicator repaints? is there a non repaint version. also would be great to have a signal line which turns green or red based on all macd's being red or green
Mohamed3nan
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@v_perfect, It's not repainting, high time frames could give you a macd cross and in the same candle can uncross, also this is not a strategy, it's just an indicator
AlgoDayTrading
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The problem I have with this indicator is - in backtesting it looks great, but in realtime, won't there be many false instances of a macd on higher time frame showing green, but switching to red before bar closes? Has anyone looked into this further and/or has a recommendation for work around? Possibly - is there a way on a smaller time frame to freeze the data for that particular instance in time?
Ie. on a 4hour timeframe - you capture macd elements
on 1min timeframe - every minute you get 4hour data and then freeze it for that minute, then the next minute - you collect the 4hour data again -- and print it that way?
this will help to show on the minute timeframe when something crossed on the 4hour and then uncrossed. Is this possible to do?
marcoderoni
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thank you Mohamed! Would you be so kind to tell me how can I set an alert depending on the colour across all timeframes? E.g. buying when all lines are green and seeling when they are all red.
Thank you in advance
cryptoastrologist
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this is awesome thanks
everyone should click "add to fav scripts" above