OPEN-SOURCE SCRIPT

MACD Overlay

MACD Overlay indicator plots the MACD directly on price. This helps you better understand the MACD indicator and filter the false signals.
Technical IndicatorsMoving Average Convergence / Divergence (MACD)overlay

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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