Introducing a new indicator for the TradingView community based on the MACD indicator! This innovative tool goes beyond traditional MACD signals by analyzing positive and negative waves to determine the average height of the waves to filter false cross-over or cross-under signals during the sideways market.
There are two types of waves created by the MACD line,...
![GBPJPY: MACD Fake Filter [RH]](https://s3.tradingview.com/x/X1YMOQGm_mid.png "MACD Fake Filter [RH]")
