Daveatt

BEST MA Cross/MACD Screener

Hello traders

Continuing deeper and stronger with the screeners' educational serie one more time

I - Concept

This is the first flexible screener I'm releasing. Screener detecting a convergence whenever the MACD and MM cross are giving a signal in the same direction.
Those who know me from TradingView ... are aware that I'm big on convergences. I totally think that 1 indicator isn't enough - whatever the timeframe.
But building my own convergence detection systems has been fruitful for me

II - How did I set the screener

The visual signals are as follow:

- square: MACD + MA cross convergence.
- diamond: Only MACD is selected
- circle: Only MA cross is selected

Then the colors are:

- green when bullish
- red when bearish

Example

Below, I highlighted why we see diamonds on the top screener panel. This is because I only selected the MACD filter


Cool Hacks

Don't forget that you can add the same indicator multiple times on your chart :)

Wishing you all the BEST trading
Dave
สคริปต์โอเพนซอร์ซ

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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