OPEN-SOURCE SCRIPT

MACD Indicator [SystemAlpha]

This is a 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
Centered OscillatorsMoving Average Convergence / Divergence (MACD)systemalphatrader
systemalphatrader
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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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