OPEN-SOURCE SCRIPT
RSI and MACD (Double Bands)
Updated
Combine RSI and MACD under one indicator. The MACD will have two bands to highlight the momentum degree.
Release Notes
Combine RSI and MACD into one indicator. MACD has double bands for highlight two degree of momentum and I add a customizable coefficient for MACD.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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