strategy · own pane · open source

MACD Crossover

Deepwick · @deepwickv1Updated 2 Oct 2026▲ 0 users

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About

Trend-following MACD crossover long-only: enter on a bullish MACD/signal cross, exit on the bearish cross. The histogram visualises momentum strength.

Raise the spread between Fast and Slow for fewer, larger swings.
Tighter Signal smoothing reacts faster but adds whipsaw in chop.
Combine with an ADX > 25 filter to dodge range-bound whipsaws.

Source code

//@version=5
strategy("MACD Crossover", overlay=false, initial_capital=10000, default_qty_type=strategy.percent_of_equity, default_qty_value=10, commission_type=strategy.commission.percent, commission_value=0.05)
fast = input.int(12, "Fast Length", minval=2, maxval=30, step=1)
slow = input.int(26, "Slow Length", minval=10, maxval=100, step=1)
sig = input.int(9, "Signal Length", minval=2, maxval=50, step=1)
stopPct = input.float(2, "Stop Loss %", minval=0.5, maxval=10, step=0.1)
tpPct = input.float(6, "Take Profit %", minval=0, maxval=20, step=0.1)
[m, s, h] = ta.macd(close, fast, slow, sig)
longSignal = strategy.position_size == 0 and ta.crossover(m, s)
exitSignal = strategy.position_size > 0 and ta.crossunder(m, s)
if longSignal
    strategy.entry("Long", strategy.long)
if strategy.position_size > 0
    strategy.exit("Risk", stop=stopPct > 0 ? strategy.position_avg_price * (1 - stopPct / 100) : na, limit=tpPct > 0 ? strategy.position_avg_price * (1 + tpPct / 100) : na)
if exitSignal
    strategy.close("Long", comment="MACD cross down")
hline(0, "Zero", color=color.gray, linestyle=hline.style_dotted)
p_MACD = plot(m, "MACD", color=color.blue, linewidth=2)
p_Signal = plot(s, "Signal", color=color.orange)
p_Histogram = plot(h, "Histogram", color=h >= 0 ? color.green : color.red, style=plot.style_columns)
plotshape(longSignal, "Long", style=shape.triangleup, location=location.belowbar, color=color.green, text="L")
plotshape(exitSignal, "Exit", style=shape.triangledown, location=location.abovebar, color=color.red, text="X")
alertcondition(longSignal, "MACD long entry", "MACD crossed above signal")
alertcondition(exitSignal, "MACD exit", "MACD crossed below signal")

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