BenMACD V5!
Disclaimer: None of this is to be construed as investment advice. Any trades made are your own, and using your own due diligence.
Howdy folks. It's here. The BenMACD V5! Version 5 has everything you've come to know and love about the BenMACD, but also now includes a cross-over alert! That's right. Whenever the BenMACD crosses over, no matter what timeframe or MACD type (Wilders, Exponential), you'll receive a sound alert, and a banner alert stating that "The BenMACD has crossed over BULLISHLY" or "crossed over BEARISHLY". This alert helps immensely with entries, as, we all know, that any MACD crossover is a monumental event.
So what is this? It's still a MACD study that you can import into ThinkOrSwim by Ameritrade. It takes the guesswork out of the "curls" of the MACD.
"I think it's curling up? Is it going up? I can't tell Let me check the blue line and subtract...". Screw all that. It alerts you with big red arrows and big green arrows, and a banner and a message. And it makes sounds. Alert for bullish and a different sound for bearish. And now alerts you to crossovers!
It also has a confirmation component. I include detailed instructions and documentation for all of my products. I also help you set it up and answer any questions you have.
You'll get 2 scripts, a document that shows how to create and enable alerts, and a readme. The standard script has all the alerts, bells, and whistles. There is also "no sound" one, that still shows the arrows, and I use it on smaller timeframes.