OPEN-SOURCE SCRIPT
MACD
Updated
Hey guys, I wanted to create a MACD with the simplest code ever. So here it is.
Release Notes
MACD now uses ema instead of sma resulting in less false signals.Release Notes
Added background color.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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