OPEN-SOURCE SCRIPT
Multicolor MACD 12 & 26 period
If you're tired of the single colored MACD indicator on TradingView, this is a good alternative. Setup with the same 12 & 26 day periods but has clear green/red histogram.
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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