buy:
when macd crossover occurs below 0 and trend is up
when macd histogram crosses > 1.2
sell:
when macd crossover occurs above 0 and trend is down
when macd histogram crosses <1.2
buy:
when macd crossover occurs below 0 and trend is up
when macd histogram crosses > 1.2
sell:
when macd crossover occurs above 0 and trend is down
when macd histogram crosses <1.2
For the above given condition
Buy script:
MACDSignal(13, 26, 9, SIMPLE)>1.2 AND MACD(13, 26, 9, SIMPLE)>1.2 AND TREND(CLOSE,5)=UP
Sell script:
MACDSignal(13, 26, 9, SIMPLE)<1.2 AND MACD(13, 26, 9, SIMPLE)<1.2 AND TREND(CLOSE,5)=DOWN