MACD S/R signal indicator

BTCUSDT SPOTBybit

Mô tả

⋅ 12 Th07 2022 06:58

I've based the script on my MACDs/r indicator.

I think it works better on higher timeframes, this is just an experiment, please feel free to modify it.

I have been testing it with parabolic SARS to know when to exit the trades.

Exit condition: if I'm in a log position and the price is below the last bearish parabolic SARS dot I exit the trade and the opposite for shorts

DISCLAIMER: Is just an experiment and I haven't test it with real money, be careful

Moving Average Convergence / Divergence (MACD)Support and Resistance

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hamaraemailaddress

⋅ 28 Th07 2023 14:05

can you update the script so that it gives long signal when candle is completely closed above resistance and short signal when candle is completely below support line.

A1z

⋅ 23 Th04 2023 05:20

Great indicator but still gives alot of falls signals unfortunately, any recommendations?

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