Use the MACD Highlight Zones to easily spot changes in market momentum and make more informed trading decisions.
The MACD Highlight Zones script visually enhances your chart by highlighting different zones based on the MACD's relationship to the zero line and its signal line. This script helps traders quickly identify the market's momentum and potential reversal...
Introducing a new indicator for the TradingView community based on the MACD indicator! This innovative tool goes beyond traditional MACD signals by analyzing positive and negative waves to determine the average height of the waves to filter false cross-over or cross-under signals during the sideways market.
There are two types of waves created by the MACD line,...