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Moving Average Convergence/Divergence Line
Updated
MACD Line instead of MACD histogram or area. This gives more opportunities to catch divergences.
I showed regular MACD Histogram on top and then this indicator on bottom and showed with the red and green lines where you could catch multiple bearish and bullish divergences using this indicator vs a regular MACD histogram.
Send me a private message to join my trading group.
Thank you.
I showed regular MACD Histogram on top and then this indicator on bottom and showed with the red and green lines where you could catch multiple bearish and bullish divergences using this indicator vs a regular MACD histogram.
Send me a private message to join my trading group.
Thank you.
Release Notes
Added colorsGreen if histo is positive
Red if histo is negative
Each time the color changes, that is a MACD cross accuring.
So if it changes to green, a bullish MACD cross just happened.
If it it changes to red, a mearish MACD cross just happened
Release Notes
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Made the green a darker green so light themes/white backgrounds could see it betterRelease Notes
I changed the colors so that they would be visible no matter what background or color theme you use. :D
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