MACD Overlay

MACD Overlay indicator plots the MACD directly on price. This helps you better understand the MACD indicator and filter the false signals.
Remove from Favorite Scripts Add to Favorite Scripts
Excellent implementation. I've added this indicator to my Fully Loaded Taco!
Im wondering what would be the ideal period setting for 2m or 5m trades for the MACD indicator?
+1 Reply
how can i set this setting i don't know to about set code
please help to set this
n.bhaskar1993 Riteish021
@Riteish021, If you are refering to MACD code in the above comment, just copy and paste it in blank indicator script, save it and your indicator is ready.
yes sir
n.bhaskar1993 Kumaran1964
@Kumaran1964, This is the code for MACD Indicator:

src=input(close, title="Field")
s=input(26, minval=1, title="Slow")
f=input(12, minval=1, title="Fast")
si=input(9, minval=1, title="Signal")

fast=ema(src, f)
slow=ema(src, s)

signal=sma(macd, si)

pos_hist=max(0, hist)
neg_hist=min(0, hist)

plot(pos_hist, color=pos_hist>pos_hist?green:red, style=histogram, linewidth=3, title="Positive Histogram")
plot(neg_hist, color=neg_hist>neg_hist?green:red, style=histogram, linewidth=3, title="Negative Histogram")
p1=plot(macd, color=macd>macd?green:red, style=line, linewidth=2, title="MACD")
p2=plot(signal, color=signal>signal?green:red, style=line, linewidth=2, title="Signal")
fill(p1, p2, color=macd>signal ? green:red, title="FILL", transp=50)

ma_len=input(89, title="SMA")
ma=sma(macd, ma_len)

plot(ma, title="SMA", color=ma>ma?green:red, style=line, linewidth=1)
Kumaran1964 n.bhaskar1993

thanks a ton sir
how do i get the macd below the charts
n.bhaskar1993 Kumaran1964
@Kumaran1964, Are you refering to the MACD indicator?
thk u boss
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out