OPEN-SOURCE SCRIPT
My MACD
Simple MACD type indicator. Consider the fast average (white line) like a warning and the histogram a confirmation of the strength in the underlying trend.
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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