INVITE-ONLY SCRIPT

MAC Trader V2.0 [VK]

2 039
This script is based on a very simple and affective strategy. Usable for scalp, Trend, Swing, positional Trading. Works on all types of markets(Crypto, Stocks, Commodity, Forex, etc) and symbols.

About The Indicator :

The three lines(Grey upper, Red Mid, Grey Lower) moving with the price direction is Moving average channel (MAC) Which is used to determine the Market Direction. Buy/Sell signals are plotted on RSI Oversold/overbought Which is used For Entries. Small Red Line plotted below the Buy/Sell Signals is Stop loss and The Dotted lines in Green, Grey and Red are the take profit lines.

How to use :

Buy When Buy Signal, Sell When Sell Signal (Entry only After Candle Close). Use The red line below/above signals for Stop Loss. Green Red dotted lines to take profit targets, move your stops above/below as targets hits.

Functions :

Moving Average Channel (MAC) For Direction
RSI for entries
ATR for stops
Support/Resistance Lines to Take Profits
Color candles When Price Above/Below MAC

Additional Feature :

Chop Signals for Scalping/continuation/Mid Entries - This feature can be turned on in the indicator settings Which will plot B/S signals for entries.

TIP : Use MAC input 34,48 for low volatile markets (Indices, Gold , etc)

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.