MACD Cross Zero and Signal
- Indicatori
- Chan Wai Keung
- Versione: 1.2
- Aggiornato: 21 aprile 2023
- Attivazioni: 8
This is a MACD indicator which displays an up-arrow/down-arrow on the main chart window when MACD line cross zero and signal line.
1) The arrows on the main chart are very useful to traders because it will draw trader's attention to change of trend or momentum instantly.
2) It is definitely easier and faster than looking at the sub-window at the bottom of the screen. It is an important tool for MACD strategy.
3) User can opt for displaying the MACD cross Signal arrows which are in line with the arrows of MACD cross Zero arrows. This will help user to focus on the trend.
UPTREND:
- MACD cross zero (from negative to positive value)
- MACD cross Signal line from below
DOWNTREND:
- MACD cross zero (from positive to negative value)
- MACD cross Signal line from above.
SETTING:
- The default parameters are based on the standard 12/26/9.
- If you do not want an opposite MACD cross Signal, you can set this option to 'false'.
- You can change the colour and the size of the arrows. Presets are Aqua for uptrend and Lime for downtrend.
- The arrows for MACD cross zero and MACD cross Signal are different. Please see attached screen shots.
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