OPEN-SOURCE SCRIPT
Infinity Signal MACD Consensus Table
The Infinity Signal — MACD Consensus Table is a multi-timeframe momentum confirmation tool designed to answer a simple question:
How much agreement exists across the market before taking a trade?
Instead of relying on a single MACD reading, this indicator evaluates MACD direction across five timeframes and combines them into a weighted consensus score.
Timeframe Weights
1 Hour = 10%
4 Hour = 25%
Daily = 40%
Weekly = 20%
Monthly = 5%
What the Indicator Does
Calculates MACD direction for five timeframes simultaneously.
Displays Bullish and Bearish consensus percentages.
Assigns signal grades from A+ through F based on timeframe alignment.
Generates Buy and Sell consensus balloons when the consensus threshold is reached.
Optionally shades bullish and bearish market zones directly on the chart.
Displays each timeframe's MACD status, signal status, and zero-line position in a compact dashboard.
Signal Logic
A bullish signal is generated when bullish consensus reaches the selected threshold and exceeds bearish consensus.
A bearish signal is generated when bearish consensus reaches the selected threshold and exceeds bullish consensus.
Grade System
A+ = Strong High-Timeframe Agreement
A = High and Low Timeframe Agreement
B = Moderate Agreement
C = Primarily Low-Timeframe Agreement
D = Weak Agreement
F = Very Weak Agreement
How It Is Intended To Be Used
This indicator was designed as a confirmation tool rather than a standalone trading system.
Many traders use it alongside:
MACD
Moving Averages
Stochastic RSI
Trend Analysis
Support and Resistance
Price Action
The strongest signals typically occur when consensus agreement aligns with a separate trading methodology.
Why This Indicator Exists
Traditional MACD indicators only evaluate a single timeframe.
The MACD Consensus Table was created to provide a quick visual representation of whether momentum is aligned across multiple timeframes before a trade decision is made.
Notes
Background shading is optional.
Buy and Sell balloons are optional.
Threshold levels are user configurable.
Designed for use on all markets and timeframes supported by TradingView.
This script is provided for educational and informational purposes only. It is not financial advice. Always do your own research before making trading decisions.
How much agreement exists across the market before taking a trade?
Instead of relying on a single MACD reading, this indicator evaluates MACD direction across five timeframes and combines them into a weighted consensus score.
Timeframe Weights
1 Hour = 10%
4 Hour = 25%
Daily = 40%
Weekly = 20%
Monthly = 5%
What the Indicator Does
Calculates MACD direction for five timeframes simultaneously.
Displays Bullish and Bearish consensus percentages.
Assigns signal grades from A+ through F based on timeframe alignment.
Generates Buy and Sell consensus balloons when the consensus threshold is reached.
Optionally shades bullish and bearish market zones directly on the chart.
Displays each timeframe's MACD status, signal status, and zero-line position in a compact dashboard.
Signal Logic
A bullish signal is generated when bullish consensus reaches the selected threshold and exceeds bearish consensus.
A bearish signal is generated when bearish consensus reaches the selected threshold and exceeds bullish consensus.
Grade System
A+ = Strong High-Timeframe Agreement
A = High and Low Timeframe Agreement
B = Moderate Agreement
C = Primarily Low-Timeframe Agreement
D = Weak Agreement
F = Very Weak Agreement
How It Is Intended To Be Used
This indicator was designed as a confirmation tool rather than a standalone trading system.
Many traders use it alongside:
MACD
Moving Averages
Stochastic RSI
Trend Analysis
Support and Resistance
Price Action
The strongest signals typically occur when consensus agreement aligns with a separate trading methodology.
Why This Indicator Exists
Traditional MACD indicators only evaluate a single timeframe.
The MACD Consensus Table was created to provide a quick visual representation of whether momentum is aligned across multiple timeframes before a trade decision is made.
Notes
Background shading is optional.
Buy and Sell balloons are optional.
Threshold levels are user configurable.
Designed for use on all markets and timeframes supported by TradingView.
This script is provided for educational and informational purposes only. It is not financial advice. Always do your own research before making trading decisions.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.