MACD + Divergences [Alorse] is a momentum strategy that calculates the MACD oscillator and identifies regular and hidden divergences using pivot high and low points. It filters trade signals with dual Exponential Moving Averages (EMA 150 and 600) to ensure tra
Strategy · Pine Script v6 · Own pane
MACD Zero-Line Strategy Long Only
A long-only strategy that buys when the MACD line crosses above zero and closes the position when it crosses back below zero.
GitHub stars1on the repository
Pine versionv6current
Lines of code43
Settings4inputs
LicenceNone stated
Last update8 days ago22 Oct 2026
Add It to Your TradingView Chart
- 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 strategy, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
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
MACD fast, slow and signal lengths and the price source are adjustable. It invests the full equity per trade, includes a commission setting and processes orders at the bar close. The MACD, signal line and zero line are drawn in a separate pane. There is no stop loss.
- MACD zero-line cross entry and exit
- Long-only with full equity sizing
- Adjustable MACD lengths and source
- MACD and signal in a separate pane
Details
Published by
kanylbullen on GitHub
Type
Draws
Separate pane below the chart
Category
Markets
Timeframes
Any timeframe
Risk Notes
- The strategy enters trades without a stop loss
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| MACD Fast Length | int | 12 | fastLen |
| MACD Slow Length | int | 26 | slowLen |
| MACD Signal Length | int | 9 | sigLen |
| Source | source | close | src |
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.
Similar Pine Scripts
This strategy combines the ATR-banded Q-Trend indicator with the Klinger Volume Oscillator (KVO) to execute confluence trades. It enters long when a Q-Trend buy trigger aligns with a positive KVO value and a bullish candle confirmation, taking short trades und
This strategy calculates the Moving Average Convergence Divergence indicator and plots the MACD line, signal line, and histogram in a separate pane. It enters long positions when the MACD line crosses above the signal line and enters short positions when it cr
An ADX-based trend-following strategy that enters long positions when the positive directional indicator (DI+) crosses above the Average Directional Index (ADX) while ADX remains below a preset threshold and a fast EMA is above a slow EMA. It allows adding to
BTC MACD Basic Tests implements a Pine Script unit-testing framework designed to validate components of a long-only Bitcoin MACD trading system. It constructs structured test cases to evaluate mock functions for MACD crossover calculations, volume threshold ch
Trailering S002 is a long-only automated strategy template built for Zignaly webhook execution. It evaluates historical price stats and maximum excursion to trigger long trades, dynamically adjusting capital allocation based on active signal conditions. The sc
Related on ForexR
GuideMACD Indicator ExplainedGuideRSI Indicator in ForexEA LibraryFree Trend-Following Expert AdvisorsLive priceBTC/USD live price, chart and pivotsGuideHow to Backtest a Pine Script Strategy in TradingViewCalculatorRisk & Reward CalculatorLive priceETH/USD live price, chart and pivotsCalculatorDrawdown Calculator
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers