OPEN-SOURCE SCRIPT

unRekt - KISS Macdie

Macdie is the MACD 'Moving Average Convergence Divergence' indicator and is part of the 'keeping it simple' series that have a similar color scheme. MACD is based on the difference between two moving averages calculated for different periods, typically 12 and 26. The MACD can show trend and strength of an asset while also showing Divergences.
convergenceDivergenceMoving Average Convergence / Divergence (MACD)trend

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.

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