OPEN-SOURCE SCRIPT
MACD Slope
Shows slopes of macd line, signal line and histogram. A negative and rising slope shows improvement within a downtrend. A positive and falling slope shows deterioration within an uptrend.
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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