OPEN-SOURCE SCRIPT

MACD Crossover Strategy [Long/Short]

538
MACD Crossover Strategy [Long/Short]

A clean, fully configurable MACD-based strategy built on Pine Script v6.
Supports two entry modes, independent Long/Short toggles, and four alert conditions — ready for both backtesting and live trading.

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🔹 ENTRY CONDITIONS (selectable)
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- MACDxSignal — Enter when the MACD line crosses the Signal line.
Fast, reactive. Suitable for trending markets.

- HistCross0 — Enter when the Histogram crosses zero.
Slightly smoother signal. Helps reduce noise in choppy conditions.

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🔹 FEATURES
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- Independent Long / Short toggles
→ Disable either direction to run a one-sided strategy.
→ When one side is off, the opposite signal still closes the open position.

- Lot Size input
→ Set a fixed quantity per entry.

- Commission & Slippage
→ Defaults: 0.1% commission, 2 ticks slippage.
→ Edit directly in the script, or override via Strategy Properties tab.

- Visual entry markers
→ Green ▲ for Long entries, Red ▼ for Short entries, plotted on the MACD pane.

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🔹 ALERT CONDITIONS (4 total)
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- 🟢 Long Entry — Long signal triggered
- 🔴 Short Entry — Short signal triggered
- 📈 Hist Rising — Histogram switched from falling to rising
- 📉 Hist Falling — Histogram switched from rising to falling

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🔹 SETTINGS
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- Fast Length: 12 (default)
- Slow Length: 26 (default)
- Signal Length: 9 (default)
- Oscillator / Signal MA Type: EMA or SMA

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⚠️ DISCLAIMER
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This script is for educational and backtesting purposes only.
Past performance does not guarantee future results.
Always apply proper risk management before using any strategy in live markets.

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