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


Im wondering what would be the ideal period setting for 2m or 5m trades for the MACD indicator?
+2 Reply
how do i get the macd below the charts
+1 Reply
n.bhaskar1993 Kumaran1964
@Kumaran1964, Are you refering to the MACD indicator?
Sir, How do you color the bars, with an MTF option, thank you
Go Hushers
Excellent implementation. I've added this indicator to my Fully Loaded Taco!
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)
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out