Updated
MACD exit % indicator
Introduction
An exit indicator for MACD, good for triggering order exit via MACD.
It works by considering <current MACD hist> and the <max MACD hist after last flip>.
Then, it just exits when the % change in these values surpasses a threshold.
Indicators
blue line - MACD
orange line - Signal
green/red columns - Histogram
aqua background - Last Histogram Flip
fuchsia background - Max abs(Histogram) value after last flip
orange Background - Exit region
An exit indicator for MACD, good for triggering order exit via MACD.
It works by considering <current MACD hist> and the <max MACD hist after last flip>.
Then, it just exits when the % change in these values surpasses a threshold.
Indicators
blue line - MACD
orange line - Signal
green/red columns - Histogram
aqua background - Last Histogram Flip
fuchsia background - Max abs(Histogram) value after last flip
orange Background - Exit region
Release Notes
commentsRelease Notes
Sane defaults for hyperparametersRelease Notes
Fix plot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.