MACD_NUU_MTFcol — Indicator by nanja600

The background color is added so that you can see at a glance what the MACD status is.
Can also be used for multi-timeframe analysis

Release Notes:

line wide change

Release Notes:

line position change

Release Notes:

Changed so that you can choose 3 hourly bars.
You can choose one above and two below.

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

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