TTP MC signal

This signal is based on Market Cipher.

It triggers a 1 for a buy the divergence signal which is less frequent and more conservative.
It triggers a 1.5 for the normal signal which is more frequent and more risky.
It triggers a 2 for a sell signal which is also using a divergence.

You can use this values to backtest.

It contains alerts for each of the separated signals.

Release Notes

- Updated to Pine Script v5
- Label "MC Backtest Signal" added to make it easier to identify which source should be used for backtesting and integration with backtesters like Absolutno. Only use this as source from now on to prevent any issues.
- Signals are shown in overlay mode in the price itself and no longer using a separated panel.

Instructions:
- Remove any old version of TTP MV Signal from your chart.
- Add it again
- Confirm you are using TTP MC Signal version 0.2

Release Notes

MC alerts re added

Invite-only script

Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact TheTradingParrot directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

You can use this script by becoming a VIP member of https://patreon.com/thetradingparrot

Warning: please read our guide for invite-only scripts before requesting access.

TheTradingParrot

Join our membership to gain access to the private scripts.
thetradingparrot.com

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Disclaimer

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