MACD Overlay

MACD Overlay indicator plots the MACD directly on price. This helps you better understand the MACD indicator and filter the false signals.
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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Im wondering what would be the ideal period setting for 2m or 5m trades for the MACD indicator?
+4 Reply
I copy the code to my script. It doesn't work. Can you help me to solve this problem?
+1 Reply
how do i get the macd below the charts
+1 Reply
n.bhaskar1993 Kumaran1964
@Kumaran1964, Are you refering to the MACD indicator?
+3 Reply
thk u boss
+1 Reply
n.bhaskar1993 Kumaran1964
@Kumaran1964, You are welcome.
Kumaran1964 n.bhaskar1993

yes sir
this is the most beautiful thing i've ever seen
I don't see it, why doesn't both MACD's show the same crosses? The values are the same, just mixed in the order, right?
Sir, How do you color the bars, with an MTF option, thank you
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