This is a modified MACD with oscillates between -100 to 100. By default it takes exponential moving average for calculation and have option to change MA.
Raju KMS Datla
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.
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