PROTECTED SOURCE SCRIPT
MARCD
Updated
Relative MACD
It is a modification of the MACD for a logarithmic scale that measures the percentage of convergence / divergence of moving averages.
MARCD can be used as standard MACD (optional).
It is a modification of the MACD for a logarithmic scale that measures the percentage of convergence / divergence of moving averages.
MARCD can be used as standard MACD (optional).
Release Notes
No significant changes: edit the code header.Release Notes
No changes: chart correction.Release Notes
Improved calculations. Migration to Pine 5.Protected script
This script is published closed-source and you may privately use it freely.
Want to use this script on a chart?
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.