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OPEN-SOURCE SCRIPT
Updated

SUPER MACD

this indicator serves to differentiate the classic source of MACD and add the: DYNAMIC MACD and DYNAMIC BAND

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with these inputs you can modify the inputs of the different Bar's, you can choose between:
  • Candles = classic Candles
  • Heikin Hashi
  • Kagi
  • Line break
  • Pointfigure
  • Renko


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To use the Dynamic Macd and Band just check the box:
  • Use Dynamic Rsi??? = this input will change the Rsi in the Dynamic Rsi
  • Use Dynamic Band??? = this input will change the Bands to the Dynamic Band


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Selecting the input: "Use Different Source ???" you can use a source with multiple elements of your choice:
  • 2 = (Source 1 + Source 2) / 2
  • 3 = (Source 1 + Source 2 + Source 3) / 3
  • 4 = (Source 1 + Source 2 + Source 3 + Source 4) / 4
  • 5 = (Source 1 + Source 2 + Source 3 + Source 4 + Source 5) / 5
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Also on:
Bollinger Bands (BB)bollingerbandstrategybollingersbanddynamicbollingerdynamiclevelsdynamicmacdMoving Average Convergence / Divergence (MACD)multisourcemultitimeframesourcesupermacd

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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