OPEN-SOURCE SCRIPT
MACD RSI Momentum Confluence[XWiseTrade]
MACD RSI Momentum Confluence
This indicator generates Bull/Bear signals only when a MACD signal-line cross is confirmed by two independent momentum conditions, rather than firing on the cross alone. The goal is to reduce the false crosses that a plain MACD+RSI combination produces in ranging markets.
Why these components are combined
A MACD cross marks a potential shift in momentum, but on its own it triggers frequently during choppy, directionless price action. RSI relative to its midline is a common trend filter, but a value sitting just above or below 50 says little about whether momentum is actually building. Used separately, each gives signals the other would reject. This script requires them to agree and to be accelerating in the same direction.
How the components work together
A signal requires three conditions to align on the same bar:
A cooldown prevents clustered repeat signals after a trigger.
How to use it
Add it to any chart and timeframe. "Bull Cross" / "Bear Cross" labels mark confirmed signals; alerts are available for both. The histogram-expansion filter and RSI slope lookback are adjustable, letting you tighten the filter on lower timeframes or loosen it on higher ones. These are descriptive signals for discretionary use, not buy/sell recommendations.
Inputs: RSI length & midline, RSI slope lookback, MACD fast/slow/signal, histogram-expansion toggle, signal cooldown.
This indicator generates Bull/Bear signals only when a MACD signal-line cross is confirmed by two independent momentum conditions, rather than firing on the cross alone. The goal is to reduce the false crosses that a plain MACD+RSI combination produces in ranging markets.
Why these components are combined
A MACD cross marks a potential shift in momentum, but on its own it triggers frequently during choppy, directionless price action. RSI relative to its midline is a common trend filter, but a value sitting just above or below 50 says little about whether momentum is actually building. Used separately, each gives signals the other would reject. This script requires them to agree and to be accelerating in the same direction.
How the components work together
A signal requires three conditions to align on the same bar:
- Trigger — MACD line crosses its signal line (up for Bull, down for Bear).
- Momentum confirmation — the MACD histogram is expanding in the cross direction, so flat or contracting crosses (typical of chop) are filtered out.
- Direction confirmation — RSI is on the correct side of its midline and moving toward the signal direction over a configurable lookback, not merely resting there.
A cooldown prevents clustered repeat signals after a trigger.
How to use it
Add it to any chart and timeframe. "Bull Cross" / "Bear Cross" labels mark confirmed signals; alerts are available for both. The histogram-expansion filter and RSI slope lookback are adjustable, letting you tighten the filter on lower timeframes or loosen it on higher ones. These are descriptive signals for discretionary use, not buy/sell recommendations.
Inputs: RSI length & midline, RSI slope lookback, MACD fast/slow/signal, histogram-expansion toggle, signal cooldown.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Free tools & education → xwisetrade.com | Community → discord.gg/BUVfRjey2u
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Free tools & education → xwisetrade.com | Community → discord.gg/BUVfRjey2u
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.