TRADE ORBIT:Dual MACD Histogram Background + Buy/Sell

Description:
This indicator combines two MACD systems to provide clear trend, buy/sell signals, and identifies potential discount and premium zones for smarter entries and exits.

Features:

MACD #1 (100, 200, 50) – Trend & Background Coloring

Histogram > 0 → Green background (Bullish trend)

Histogram < 0 → Red background (Bearish trend)

MACD #2 (34, 144, 9) – Buy/Sell Signals

Buy Signal: Histogram crosses above zero and MACD #1 background is green

Sell Signal: Histogram crosses below zero and MACD #1 background is red

Signals are plotted as tiny labels directly on the chart

Discount & Premium Zones

Discount Zone: Price below MACD #1 slow EMA → highlighted in green

Premium Zone: Price above MACD #1 slow EMA → highlighted in red

Helps identify “cheap” (potential buy) and “expensive” (potential sell) areas relative to trend

Reference Plots (Optional)

MACD #1 & #2 histograms plotted as columns for visual confirmation

Usage:

Use MACD #1 background to identify the prevailing trend.

Wait for MACD #2 cross signals aligned with trend for buy/sell confirmation.

Discount and premium zones help time entries and exits more efficiently.

Ideal For:
Swing traders and position traders who want to combine trend-following signals with overbought/oversold zones.