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Signal Generator: HTF EMA Momentum + MACD
HTF EMA Momentum + MACD Indicator
This indicator combines higher timeframe (HTF) EMA momentum with MACD signals to identify potential trend-aligned trades. It displays an HTF histogram for momentum (green for up, red for down) and MACD lines in a subwindow, with buy/sell labels on the main chart when conditions align.
Key Components:
HTF Histogram:
Based on EMA differences from a selected higher timeframe (default H1). It reflects momentum: green if current diff > previous (with optional strict 3-bar check), red otherwise. Can ignore EMA crossover if "HTF Momentum Only" is enabled.
MACD Lines: Standard MACD (fast/slow/signal) on the current timeframe, with adjustable scaling.
Signals:
Buy: HTF uptrend + MACD cross up below -Zero Band + min gap filter.
Sell: HTF downtrend + MACD cross down above +Zero Band + min gap filter.
Labels appear 1.5 ATR (adjustable) from the candle, sized large for visibility.
Filters: Zero Band avoids near-zero crosses; Min MACD Gap ensures separation.
Extras: Toggleable zero levels, alerts, and full customization of periods, colors, and scales.
Usage Tips:
Apply to any timeframe; set HTF for broader context (e.g., H4 for intraday). Use signals as entry cues with additional confirmation like support/resistance. Backtest thoroughly—risk management is essential.
This indicator combines higher timeframe (HTF) EMA momentum with MACD signals to identify potential trend-aligned trades. It displays an HTF histogram for momentum (green for up, red for down) and MACD lines in a subwindow, with buy/sell labels on the main chart when conditions align.
Key Components:
HTF Histogram:
Based on EMA differences from a selected higher timeframe (default H1). It reflects momentum: green if current diff > previous (with optional strict 3-bar check), red otherwise. Can ignore EMA crossover if "HTF Momentum Only" is enabled.
MACD Lines: Standard MACD (fast/slow/signal) on the current timeframe, with adjustable scaling.
Signals:
Buy: HTF uptrend + MACD cross up below -Zero Band + min gap filter.
Sell: HTF downtrend + MACD cross down above +Zero Band + min gap filter.
Labels appear 1.5 ATR (adjustable) from the candle, sized large for visibility.
Filters: Zero Band avoids near-zero crosses; Min MACD Gap ensures separation.
Extras: Toggleable zero levels, alerts, and full customization of periods, colors, and scales.
Usage Tips:
Apply to any timeframe; set HTF for broader context (e.g., H4 for intraday). Use signals as entry cues with additional confirmation like support/resistance. Backtest thoroughly—risk management is essential.
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。