MACD [SystemAlpha]

This is MACD indicator enhanced with:

- Show MACD and Signal Only or Histogram Only or Both
- Show Buy and Sell Alert - MACD Cross
- Show Bar Color
- Show Regular and Hidden divergence
- Show Divergence Labels
- Generate Alerts: Buy/Sell and Divergence

Release Notes

Added trend line for MACD.

Release Notes

Added Centerline and disabled "Show trend lines" by default.

Release Notes

Updated Divergence Text.

systemalphatrader

List of Scripts: bit.ly/SAscriplist

Use the links below or PM us to obtain access to our invite-only indicators.
Telegram: t.me/systemalpha

Also on:

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 systemalphatrader for more information, or follow the author's instructions below.

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Author's instructions

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Want to use this script on a chart?

Warning: please read before requesting access.

systemalphatrader

List of Scripts: bit.ly/SAscriplist

Use the links below or PM us to obtain access to our invite-only indicators.
Telegram: t.me/systemalpha

Also on:

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.