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OPEN-SOURCE SCRIPT

RSMACD

By j1O9SB
Updated
Default MACD formula filtered by an RSCD, a Relative Strength Index midpoint transpose over a 21 length moving average.
Checking both filters the MACD with the RSCD.
Checking only the MACD plots only the MACD.
Checking only the RSCD plots only the RSCD.
Release Notes
Added feature allowing a timeframe 'skip' or omitting a certain number of higher timeframes.
Release Notes
Hotfix
Centered OscillatorsMoving Average Convergence / Divergence (MACD)Relative Strength Index (RSI)

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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j1O9SB

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