OPEN-SOURCE SCRIPT
Dual MACD Combo

Core Function
It combines two separate MACD indicators with different settings into a single tool so you can:
Confirm trend strength
Filter out weak or fake signals
Spot higher-probability buy/sell moments
Think of it as MACD confirmation mode.
What You See on the Chart
1) Two Full MACDs in One Pane
Each MACD includes:
MACD line
Signal line
Histogram
So you’re not losing any normal MACD information—just stacking them together.
2) Fully Customizable Settings
You can change for both MACDs independently:
Fast EMA length
Slow EMA length
Signal smoothing
This lets you do things like:
One fast MACD for early momentum
One slow MACD for trend confirmation
3) Color-Coded Histograms
Helps quick visual reading:
Positive momentum → cool colors
Negative momentum → warm colors
So you can judge direction instantly without staring at numbers.
4) Clear Combined Buy/Sell Signals
This is the big feature:
BUY signal
Appears when:
MACD 1 is bullish AND
MACD 2 is bullish
→ Stronger confirmation than a single MACD.
SELL signal
Appears when:
MACD 1 is bearish AND
MACD 2 is bearish
→ Helps avoid early exits or fake reversals.
5) Zero Line Reference
The horizontal zero line lets you quickly see:
Momentum above zero → bullish bias
Momentum below zero → bearish bias
Classic MACD context, still included.
Practical Trading Use
This indicator is especially good for:
Trend confirmation entries
Filtering choppy markets
Swing trading
Momentum continuation setups
Not ideal alone for:
Ultra-fast scalping
Precise stop placement
(But we could extend it to handle those.)
What It Could Be Upgraded To
Easy next upgrades if you want:
🔔 TradingView alerts
📊 Full backtest strategy
⏱ Multi-timeframe confirmation
🧠 Smart signal filtering (ATR, trend filter, etc.)
🎨 Cleaner professional visual layout
It combines two separate MACD indicators with different settings into a single tool so you can:
Confirm trend strength
Filter out weak or fake signals
Spot higher-probability buy/sell moments
Think of it as MACD confirmation mode.
What You See on the Chart
1) Two Full MACDs in One Pane
Each MACD includes:
MACD line
Signal line
Histogram
So you’re not losing any normal MACD information—just stacking them together.
2) Fully Customizable Settings
You can change for both MACDs independently:
Fast EMA length
Slow EMA length
Signal smoothing
This lets you do things like:
One fast MACD for early momentum
One slow MACD for trend confirmation
3) Color-Coded Histograms
Helps quick visual reading:
Positive momentum → cool colors
Negative momentum → warm colors
So you can judge direction instantly without staring at numbers.
4) Clear Combined Buy/Sell Signals
This is the big feature:
BUY signal
Appears when:
MACD 1 is bullish AND
MACD 2 is bullish
→ Stronger confirmation than a single MACD.
SELL signal
Appears when:
MACD 1 is bearish AND
MACD 2 is bearish
→ Helps avoid early exits or fake reversals.
5) Zero Line Reference
The horizontal zero line lets you quickly see:
Momentum above zero → bullish bias
Momentum below zero → bearish bias
Classic MACD context, still included.
Practical Trading Use
This indicator is especially good for:
Trend confirmation entries
Filtering choppy markets
Swing trading
Momentum continuation setups
Not ideal alone for:
Ultra-fast scalping
Precise stop placement
(But we could extend it to handle those.)
What It Could Be Upgraded To
Easy next upgrades if you want:
🔔 TradingView alerts
📊 Full backtest strategy
⏱ Multi-timeframe confirmation
🧠 Smart signal filtering (ATR, trend filter, etc.)
🎨 Cleaner professional visual layout
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.