MACD_CROSS INDICATOR - Webull Day Trading Custom Indicator Script

Webull is a great platform especially for retail traders, but its default indicators are limited. This bundle unlocks the power of custom scripting to give you professional-grade signals directly on your chart.

MACD_CROSS INDICATOR - This indicator generates yellow cross when the signal line crosses above the MACD line (indicator setting allows to select other shapers as well). It generates purple cross when the signal line crosses below the MACD line. This is a powerful trend reversal indicator – crossing above may show an impending reversal to the upside and crossing below may show an impending reversal to the downside.

• What it is: generates yellow cross when the signal line crosses above the MACD line and purple cross when the signal line crosses below the MACD line (Indicator setting allows for cross color change, and shape change – circle, cross, histogram, columns, etc, as needed)
• Yellow Cross: signal line crosses above the MACD line – may show an incoming possible reversal to the upside. This is a potential Buy/Long signal.
• Purple Cross: signal line crosses below the MACD line – may show an incoming possible reversal to the downside. This is a potential Sell/Short signal.
• Strategy: Look for long trades when the cross is yellow and short trades when the cross is purple.