Third Screen Strategy
This particular script is specifically designed around this strategy. D1 MACD & H1 Williams %.
I coded the script in a way that you automatically get the signal that is calculated taking in consideration both the indicators (macd and w%R)
Green means that the daily MACD histogram is above 0 (crowd is bullish) but w%R shows that...
This is user 100PipsADay's strategy ,third screen strategy , or triple screen strategy.
But this version uses the impulse system to determine trend (uses macd histogram and ema directions).
Remember, you must use on 1 hr timeframe in order to have the correct parameters.
This is 100PipsADay third screen strategy all coded in one script, when condition is met (macd daily historam>0 and W%R oversold) we have buying condition and vice versa.
You must use on 1 hr timeframe in order to have the correct parameters.