NikitaDoronin

MacD Custom Indicator (updated to version 4)

I updated existing script “MacD Custom Indicator-Multiple Time Frame+All Available Options!” originally created by ChrisMoody to Pine Script 4. version, so you can use it within your own strategy for algotrading or trading bots.

 
Скрипт с открытым кодом

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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Комментарии

hello , if you dont mind its this still repainting like original version or you fixed it ? :o
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@Deleu, hi, I have already mentioned it only on higher time frames. I will probably try to fix it during next few weeks.
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why color differances in the histogram ? I don't understand this very well ...
(for the rest : all clear ...
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NikitaDoronin driesdep3001
@driesdep3001, it is just a normal MACD indicator, but there is one option that MACD line change colors when it crosses the Signal Line (yellow one).
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What changed?
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@spayrok, the script wasn’t changed. How I have already wrote in description I just only updated this script to the Pine Script Version 4. The original script was created using the Pine Script Version 3. Within 3. version you are not able to use it for algotrading by using strategy alerts. I just wanted to use exactly this indicator within combination of another indicators for my algotrading and I wasn’t able to find this script updated to the 4. version, so I just published it and I believe that it could save some time for another algo traders so they don’t need to rewrite this script.
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spayrok NikitaDoronin
@NikitaDoronin, thx for answer
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Original idea:
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