Durbtrade

MACD Moving Average Convergence/Divergence - Durbtrade

Durbtrade MACD - macd line changes color based on vertical direction. This makes it easier to see and discern movements and also helps the indicator to retain maximum functionality when taking up less chart real estate (also, having the color change really helps me see charts on small screens... such as when it's bright outside and I'm driving in my car and glancing at a chart on my phone... it helps having the info pop visually). A fill option is included to fill the space between the macd and signal lines, though I personally prefer to disable this function. Also, you get a zero line if you want it, and it doesn't extend past the current time, removing unnecessary info and keeping your chart looking a bit cleaner. Finally, there are color-coded, cross-over and cross-under background fills, signaling when the macd line crosses the signal line.

This is my 2nd published script, and 2nd script ever. If you like this style, see my 1st published script: Durbtrade Bollinger Bands Width .

Hope you find this useful.

Feel free to comment.
เอกสารเผยแพร่: Minor change.
เอกสารเผยแพร่: Minor change.
เอกสารเผยแพร่: Minor change.
เอกสารเผยแพร่: Added a fill option to fill the space between the MACD/signal line and the zero line. The fill color and opacity can be customized depending on whether the fill is above or below the zero line. Of note, careful consideration was made to ensure that this fill does not overlap with the fill between the MACD line and the signal line, and also, that it is plotted behind the histogram, in order to maintain maximum clarity.
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ความคิดเห็น

Hi there, this script is awesome!!! Thanks for sharing.
I wonder if it is possible to create vertical lines as well by using the Stochastic indicator?
Cheers
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Durbtrade Mexi_kiwi
@Mexi_kiwi, your wish has been granted :
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Mexi_kiwi Durbtrade
@Durbtrade, Fantastic!!! you're a legend!
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Durbtrade Mexi_kiwi
@Mexi_kiwi, :-) thanks for the positive feedback for the macd, and the inspiration to write the stoch rsi!
i would've published it sooner, but i tried it out for a week first.
hope you dig it! peace
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yeah bro, right on with this scrip, much needed visual clarity. I personally increase the fill density between the macd and signal line to make it easier for me to have more confidence when the market counters the direction. I also have been using the Simple MA feature as it helps smooth things out and gives a different look than the ordinary macd. it is appreciated.
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Durbtrade breakout8
@breakout8, thanks for trying it out, and for the feedback! I'm really glad that you've found it useful! Your comment that the script provides "much needed visual clarity" is spot on, in my opinion. Thanks again. Enjoy!
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Looks great! Thank you! I use them both on daily. Keep it up!
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@Anzhei, Thankyou very much for your feedback and support! I truly appreciate it!
Next up will be a Durbtrade RSI... stay tuned.
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Anzhei Durbtrade
@Durbtrade, I'm glad to help! RSI is a great idea. I use ES Stochastic RSI and CM_Ultimate RSI MTF. It will be interesting to see yours.
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Durbtrade MACD in action :

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