Big MacD
This indicator uses the power of MACD to highlight on chart the first "light pink" and "light green" bar when MACD is rolling over from bearish to bullish or bullish to bearish, respectively. This gives you a jump on reversals.

What is Big MacD?
The MACD (Moving Average Convergence Divergence) is a trend-following momentum indicator that calculates the difference between a fast and a slow exponential moving average (EMA) to identify changes in market direction. It includes a histogram that visualizes the difference between the MACD line and its signal line, highlighting the strength and direction of momentum. Positive histogram bars show upward momentum, while negative bars indicate downward momentum, with changes in size signaling potential trend shifts.
Big MacD enhances MACD by pinpointing the first light pink bar (negative histogram increasing) and first light green bar (positive histogram decreasing), which often signal early signs of trend reversals. These specific bars help traders identify the first weakening of bearish or bullish momentum, making it easier to catch potential reversal points and optimize entry or exit timing.

Reversals can be seen by looking for the red and green dots

Long and Short entries can be added as Tradingview alerts
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