This creates a none oscillating histogram that shows price action without lower time frame volatility to help show bias for use with macd or entries with other trending indicators.
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 publications is governed by House rules. You can favorite it to use it on a chart.
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