The MACD indicator is a trend oscillator that is used to identify pivot points and trend changes.
MACD works on the basis of three bands, with lengths of 12, 26, 9.
Exponential moving averages of length 12 and 26 create the MACD line.
A strip of length 9 creates a Signal line.
If the MACD line crosses the zero level from the bottom up, this is a signal for long trading, if from top to bottom, this is a signal for short trading.
If the MACD line crosses the Signal line from the bottom up - this is a signal for long trading, if from top to bottom - this is a signal for short trading.
The MACD LONG strategy will work if the MACD is <0 and the MACD line crosses the Signal line from the bottom up.
The MACD SHORT strategy will work if the MACD is >0 and the MACD line crosses the Signal line from top to bottom.
To activate this function, you need to select the == sign in the Operation field and set 1 in the value field.
You do not need to specify any additional settings.
To get better entry points, we recommend choosing a timeframe of 15min or more, as the volatility of asset prices is higher on shorter timeframes.
