OPEN-SOURCE SCRIPT
Updated

MACD Infinity Indicator(MACDI)

15406
MACDI is the macd of macd indicators and macd of macd indicators of macd indicatrs and so on...!!
I used macd algo to find slopes of macd of price and it can helpfull when we want to find best signalls it can make amazing shapes that can be usable to everyone!
author: Masoud Azizi
github: mablue
Release Notes
1) Color improvements.
2) Default settings edited to find acceleration places (buy on places that MACD histogram is tight and It has calmer and nested waves and is drawn on both sides above and below the zero line)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.