OPEN-SOURCE SCRIPT
ARVELOV MACD Bubbles
This Pine Script is a customized Moving Average Convergence Divergence (MACD) indicator designed for TradingView. It plots the MACD signal line with a yellow color and a thicker line width for visibility, while visually highlighting bullish and bearish crossovers between the MACD and its signal line. When the MACD crosses above the signal line, a small green dot (bullish signal) is plotted, and when it crosses below, a small red dot (bearish signal) appears. These visual markers make it easier for traders to identify potential trend reversals or entry and exit points directly on the chart in real time.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.