MAC3D Indicator for Price Thresholds and Moving-Average Context

Summary

This document introduces a custom chart indicator that displays a three-dimensional MAC3D ribbon. It describes possible entry and exit cues when price moves above or below user-defined levels, and it adds context by showing whether price is above or below a global slow moving average. Optional alerts can notify a trader when price reaches a new high or low or crosses configured MAC3D values. The indicator also includes configurable chart features.

The description explains the indicator’s intended visual and alert functions, but does not define how the MAC3D values are calculated or provide parameter guidance. It gives no tested trading rules, historical results, or comparisons with other indicators. As a result, the stated cues should be treated as chart information rather than validated signals; the document does not establish how to manage risk or determine whether a crossing merits a trade.

Key ideas

• The indicator displays a MAC3D ribbon against price on a chart.
• Price crossings of configured levels are presented as possible entry or exit cues.
• A slow moving-average setting provides additional trend context.
• Optional alerts cover new highs, new lows, and crossings of MAC3D values.
• The description provides no formula, backtest, or evidence of signal performance.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.