OPEN-SOURCE SCRIPT
CAPITAL MANTRAS
VOLUME BUY AND SELL ADDED This Pine Script implements an institutional MACD strategy that identifies zone-specific crossovers (buys above the zero line and sells below it).
It integrates a 20-period volume filter to distinguish between high-conviction volume-backed signals and regular technical trades.
It integrates a 20-period volume filter to distinguish between high-conviction volume-backed signals and regular technical trades.
Open-source script
In true PulseWire spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by PulseWire. Read more in the Terms of Use.
Open-source script
In true PulseWire spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by PulseWire. Read more in the Terms of Use.