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MACD Turning Points

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  • MACD Turning Points

    I am trying to set up a visual chart identification using MACDColorHist efs

    When the MACD Sig line rises to meet the MACD line
    ( the blue line rises to meet the red line) I want to put a dot or line above the High of the bar ie 1.0025*H

    When the MACD Sig line drops to meet the MACD line
    ( the blue line drops to meet the red line) I want to put a dot or line below the Low of the bar ie 0.9975*L

    These situations occur on the intraday charts, sometimes for several bars on the 3 & 5 min charts and are good turning point zones.

    Many thanks & kind regards
    Ian
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