OPEN-SOURCE SCRIPT
Normalized MACD
Normalized MACD
There are varius options like choosing the moving average to use, sometimes i prefer the wma it is much smoother
Added also macd line to swap color and Fill that plots columns
There are varius options like choosing the moving average to use, sometimes i prefer the wma it is much smoother
Added also macd line to swap color and Fill that plots columns
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 publications is governed by House rules. You can favorite it to use it on a chart.
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