OPEN-SOURCE SCRIPT

MACD Support Resistance

This script is dynamic support & resistance based on MACD cross.

Resistance= Highest value of candle looks back when MACD crossunder.

Support= Lowest value of candle looks back when MACD crossover.

Middle line is average of Resistance and Support.

Buy when close, LSMA and SMMA crossover middle line. Please use Green Trend Line as SL or Trailing.
Sell when close, LSMA and SMMA crossunder middle line. Please use Red Trend Line as SL or Trailing.

Let me know if its useful for you in the comments and by giving Like (means a lot to me). Also share your feedback and ideas to improve this script further.

breakoutindicatordynamicsupportandresistanceMoving AveragesOscillatorsTrend Analysis

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!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约束。 您可以收藏它以在图表上使用。

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