OPEN-SOURCE SCRIPT
Mc-H
This modified MACD indicator displays the MACD line as a histogram with a background color change to highlight when MACD is above or below zero. It helps visualize momentum shifts more clearly for better trading insights.
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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.