1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
KDJ + MACD Cross [Alorse] calculates RSV from the highest high and lowest low over a set period, then smooths it into K, D, and J lines and colors the background by whether J is above D. It also builds MACD from fast and slow averages that can be SMA or EMA, with a matching signal line. When J and D and MACD and its signal cross together, it draws a vertical line and fires an alert. There are no trade entries, exits, or stops.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
period
int
9
ilong
signal
int
3
isig
Fast Length
int
12
fast_length
Slow Length
int
26
slow_length
Source
source
close
src
Signal Smoothing
int
9
signal_length
Oscillator MA Type
string
EMA
sma_source
Signal Line MA Type
string
EMA
sma_signal
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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