How it works:
This indicator works based on finding the trend lines of time-shifted MACD signals.
Time frame:
The performance of the indicator highly depends on the time frame you choose and the input parameters. Please the following details carefully.
Parameters:
The default values for "Fast Length", "Slow Length", and "Signal smoothing" have been tested for several coins and tokens but you are more than welcome to choose your own numbers.
Fast Length & Slow Length:
The higher values of these lengths, the slower but more accurate trade entry and exit points.
Signal Smoothing:
By increasing this parameter, you are getting rid of cyclical noise but may also miss some low pivots. Don't choose a very high value.
Alerting:
When you add this indicator to your chart, you can enable the alerts by choosing the indicator in the alerts section and then "Buy" and "Sell" options can be selected and you'll be notified of the signals.
Tips:
Based on what I've experimented, it works great on SHIBA for a 3-min TF and the default values. ETH has shown a fantastic result on a 6-Hr TF.
- This is an original, public, and protected script which belongs to user Hajixde
This indicator works based on finding the trend lines of time-shifted MACD signals.
Time frame:
The performance of the indicator highly depends on the time frame you choose and the input parameters. Please the following details carefully.
Parameters:
The default values for "Fast Length", "Slow Length", and "Signal smoothing" have been tested for several coins and tokens but you are more than welcome to choose your own numbers.
Fast Length & Slow Length:
The higher values of these lengths, the slower but more accurate trade entry and exit points.
Signal Smoothing:
By increasing this parameter, you are getting rid of cyclical noise but may also miss some low pivots. Don't choose a very high value.
Alerting:
When you add this indicator to your chart, you can enable the alerts by choosing the indicator in the alerts section and then "Buy" and "Sell" options can be selected and you'll be notified of the signals.
Tips:
Based on what I've experimented, it works great on SHIBA for a 3-min TF and the default values. ETH has shown a fantastic result on a 6-Hr TF.
- This is an original, public, and protected script which belongs to user Hajixde