The Schaff Trend Cycle working with Zero Lag Macd to give you double confirmation on your Higher Time Frame entries such as 4H, 6H, and Daily.
You may also turn on regular MACD instead of Zero Lag, if you'd like.
***Red Dot for Bear ***Green Dot for Bull
***Higher Confirmation is: Red Dot + Red MACD for Bear Green Dot + Green MACD for Bull
More confirmation to come!
CHEERS
If you would like to get in contact with me, please reach out to me via DM here, or Twitter. It's the best way to get in touch with me in regards to indicators, and market analysis. Enjoy!
-RingoKid
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****Updated new script with easier to view colors on the MACD Histogram on the way up, and way down. Should make the location, and entries a lot more visible.
****If you can think of any ways to make this script better, please do let me know!
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****Updated the script with new colors to make the up and down on the MACD Histogram easily readable.