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.
Mã nguồn mở
Theo đúng tinh thần TradingView, tác giả của tập lệnh này đã công bố nó dưới dạng mã nguồn mở, để các nhà giao dịch có thể xem xét và xác minh chức năng. Chúc mừng tác giả! Mặc dù bạn có thể sử dụng miễn phí, hãy nhớ rằng việc công bố lại mã phải tuân theo Nội quy.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Mã nguồn mở
Theo đúng tinh thần TradingView, tác giả của tập lệnh này đã công bố nó dưới dạng mã nguồn mở, để các nhà giao dịch có thể xem xét và xác minh chức năng. Chúc mừng tác giả! Mặc dù bạn có thể sử dụng miễn phí, hãy nhớ rằng việc công bố lại mã phải tuân theo Nội quy.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.