OPEN-SOURCE SCRIPT

CM_MACD_Ult_MTF + Entry Signals

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This script is an enhanced and updated version of the classic CM_Ult_MacD_MTF originally created by ChrisMoody.
It preserves the full functionality, look, and behavior of the original multi-timeframe MACD, including:

Multi-timeframe MACD calculation

4-color histogram based on momentum direction

Optional MACD and Signal line display

Optional crossover dots

Color-changing MACD line on signal cross

Zero-line reference

This upgraded version adds entry signals based on MACD/Signal crossovers:

New Features Added

LONG @ price label when MACD crosses above Signal

SHORT @ price label when MACD crosses below Signal

Labels appear directly at the crossover point

Full support for Pine Script® v6, making it compatible with TradingView’s latest publishing requirements

Why this version?

The original script was written in an older Pine version and was no longer publishable.
This version keeps the full visual identity and logic of the classic MACD while adding modern compatibility and helpful trading signals.

Credits

Original concept and visual framework: ChrisMoody

Added features, Pine v6 migration, and enhancements: tgambinox

כתב ויתור

המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.