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Hi
Im using 2 MACD settings for the same time frame
Before the signal appears:-
-Both MACDs should be above their signal line when going long but they should both be below the zero line
-While both should be below their signal line when going short but both above the zero line
The signal should appear when:-
Taking the Long entry as an
One of the MACD lines "value1" will cross above the zero line, then the indicator will give a signal for going long by putting a vertical line on the opening of the follwoingcandle "the one that follows the candle that corresponds to the MACD line crossing above the zero line"
For the Short signal opposite which means the MACD line crossed the zero line below, then the indicator will put a vertical line on the opening of the following candle.
So just to explain further more, the first candle which corresponds to the MACD line "value1" going below the zero line for short entries, the indicator will do nothing.
But if the second candle opened while the MACD line is still below the zero line then the indicator puts a vertical line on that one as a signal
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