TUE ADX/MACD Confluence V1.0

The ADX and MACD confluence can be a powerful predictor in stock movements. This script will help you find those confluences in an easy to understand visual manner.

It includes Buy and Sell signals for detected confluences, and will show colored candles to help you determine when to exit a trade. When the candles turn to white that means the detected confluence is no longer in play and you may want to consider a trailing stop loss.

The Buy and Sell signals will display on the first occurrence of each confluence.

It's important to understand that both of these are lagging indicators, but with a careful attention to your stoploss you can easily generate a positive profit factor.

This code is provided open source and you're free to use it for any purpose other than resale.

Indicators and algorithms at

Trade automatically from TradingView with an algo at

本着真正的TradingView精神,该脚本的作者将其开源发布,以便交易者可以理解和验证它。为作者喝彩!您可以免费使用它,但在出版物中重复使用此代码受网站规则的约束。 您可以收藏它以在图表上使用。