CCV MA with MACD — Indicator by ThePuma

This is a moving average script where the color of the moving average is based on MACD.

Pink MA = Negative and falling MACD
Red MA = Negative and rising MACD

Aqua MA = Positive and rising MACD
Blue MA = Positive and falling MACD

Additionally this marks pivot highs and lows on the MACD as well as divergence points with those pivots. Black triangles will mark new highs or lows, a blue circle indicates bullish divergence formed, a red circle indicates bearish divergence formed.

Release Notes:

Added a marker for hidden divergences on RSI, default now places this indicator at the bottom of your screen. If you would still like to use it in a moving average you can uncheck that box in the settings.

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact ThePuma for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

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.

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