MACD Crossover Strategy [Long/Short] by Shiroi-
By Shiroi-
Performance Metrics
- Author: Shiroi-
- Symbol: TVC:GOLD
- Timeframe: 5 minutes
- Win Rate: 14.0%
- Profit Factor: 0.159
Description
MACD Crossover Strategy [Long/Short]A clean, fully configurable MACD-based strategy built on Pine Script v6.Supports two entry modes, independent Long/Short toggles, and four alert conditions — ready for both backtesting and live trading.━━━━━━━━━━━━━━━━━━━━━━━🔹 ENTRY CONDITIONS (selectable)━━━━━━━━━━━━━━━━━━━━━━━- MACDxSignal — Enter when the MACD line crosses the Signal line. Fast, reactive. Suitable for trending markets.- HistCross0 — Enter when the Histogram crosses zero. Slightly smoother signal. Helps reduce noise in choppy conditions.━━━━━━━━━━━━━━━━━━━━━━━🔹 FEATURES━━━━━━━━━━━━━━━━━━━━━━━- Independent Long / Short toggles → Disable either direction to run a one-sided strategy. → When one side is off, the opposite signal still closes the open position.- Lot Size input → Set a fixed quantity per entry.- Commission & Slippage → Defaults: 0.1% commission, 2 ticks slippage. → Edit directly in the script, or override via Strategy Properties tab.- Visual entry markers → Green ▲ for Long entries, Red ▼ for Short entries, plotted on the MACD pane.━━━━━━━━━━━━━━━━━━━━━━━🔹 ALERT CONDITIONS (4 total)━━━━━━━━━━━━━━━━━━━━━━━- 🟢 Long Entry — Long signal triggered- 🔴 Short Entry — Short signal triggered- 📈 Hist Rising — Histogram switched from falling to rising- 📉 Hist Falling — Histogram switched from rising to falling━━━━━━━━━━━━━━━━━━━━━━━🔹 SETTINGS━━━━━━━━━━━━━━━━━━━━━━━- Fast Length: 12 (default)- Slow Length: 26 (default)- Signal Length: 9 (default)- Oscillator / Signal MA Type: EMA or SMA━━━━━━━━━━━━━━━━━━━━━━━⚠️ DISCLAIMER━━━━━━━━━━━━━━━━━━━━━━━This script is for educational and backtesting purposes only.Past performance does not guarantee future results.Always apply proper risk management before using any strategy in live markets.