OPEN-SOURCE SCRIPT

Patron04 MACD DEMA TOFF Alert Script

I prepared the macd dema indicator made by Toff as a startegy test. There is another strategy like this. But the process is opened according to the intersection of macd and signal. But the difference between my test is this. Macd is testing according to the intersection of 0 value. Macd sells 0 when cut down, buying when 0 cuts down

Toff's Macd dema:

tradingview.com/script/NL1z2SYw-MACD-DEMA/
Centered OscillatorsmacddemaOscillatorstoff

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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