TDMACD Divergence Multi Timeframe and Alert [5ema]

25 apr 2023

I reused some functions, made by (i believe that):

• paaax: The table position function.
  
• everget: The RSI divergence function.
  
• QuantNomad: The function calculated value and array to show on table for input symbols.
  
• ChaosTrader: The function calculated value TDMACD.
  

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What to do?

• MACD divergence signal.
  
• The crossing of MACD and Signal line.
  
• The reversal of MACD.
  
• The reversal of Signal line.
  
• The screener follow 6 different timeframes.
  
• Set notification alert when signal appears.
  

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How is it created?

• MACD line = fastMA - slowMA.
  
• Signal line = ta.ema(macd(), signalLength)
  
• Make function for pivot low & high point of MACD and price.
  
• Request.security that function for earch time frame.
  

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How to use?
Can be combined with many other indicators or candlestick patterns.
Customize the input indicators to suit your strategy

1. MACD reversed:
https://www.tradingview.com/x/SVlkcetU/

2. Signal line reversed:
https://www.tradingview.com/x/OqxCOgcu/

3. MACD Divergence:
https://www.tradingview.com/x/ei51Jbhx/

4. MACD crossing Signal line:
https://www.tradingview.com/x/q6fR7NrO/

5. Signal on Screener for multi time frame:

• Green ⦿: Buy.
  
• Red ⦿: Sell.
  
• Green 〇: Review Buy.
  
• Red 〇: Review Sell.
  

https://www.tradingview.com/x/bTIMkUH7/

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• This indicator is for reference only, you need your own method and strategy.
  
• If you have any questions, please let me know in the comments.
  

24 ago 2023

Note di rilascio

Update:

• The Alert content.
  
• Position of some items.
  

24 ago 2023

Note di rilascio

Update: The Alert content.