MACD DEUTER 2 colour v0.2 by JustUncleL — Indicator by JustUncleL

Moving Average Convergence / Divergence (MACD) coloured

macd coloured

This is an updated version of the MACD DEUTER 2 colour indicator. This version includes the Signal line and option to change the length calculating the MACD direction change.

Release Notes:

... Revision 3 & 4 Updates

Added option to generate Alert/Alarms for MACD/Signal crosses.
Added Option to Colour Candles the same colours as the Histogram.
Added option to draw line curve for MACD instead Histogram.
Added option to display of MACD/signal difference as coloured area.
Updated to version3 of Pinescript

JustUncleL

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.

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.

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