MACD Moving Average Convergence/Divergence - Durbtrade

Durbtrade MACD - macd line changes color based on vertical direction. This makes it easier to see and discern movements and also helps the indicator to retain maximum functionality when taking up less chart real estate (also, having the color change really helps me see charts on small screens... such as when it's bright outside and I'm driving in my car and glancing at a chart on my phone... it helps having the info pop visually). A fill option is included to fill the space between the macd and signal lines, though I personally prefer to disable this function. Also, you get a zero line if you want it, and it doesn't extend past the current time, removing unnecessary info and keeping your chart looking a bit cleaner. Finally, there are color-coded, cross-over and cross-under background fills, signaling when the macd line crosses the signal line.

This is my 2nd published script, and 2nd script ever. If you like this style, see my 1st published script: Durbtrade Bollinger Bands Width .

Hope you find this useful.

Feel free to comment.
Информация о релизе: Minor change.
Информация о релизе: Minor change.
Информация о релизе: Minor change.
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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yeah bro, right on with this scrip, much needed visual clarity. I personally increase the fill density between the macd and signal line to make it easier for me to have more confidence when the market counters the direction. I also have been using the Simple MA feature as it helps smooth things out and gives a different look than the ordinary macd. it is appreciated.
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Durbtrade breakout8
@breakout8, thanks for trying it out, and for the feedback! I'm really glad that you've found it useful! Your comment that the script provides "much needed visual clarity" is spot on, in my opinion. Thanks again. Enjoy!
Looks great! Thank you! I use them both on daily. Keep it up!
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@Anzhei, Thankyou very much for your feedback and support! I truly appreciate it!
Next up will be a Durbtrade RSI... stay tuned.
Anzhei Durbtrade
@Durbtrade, I'm glad to help! RSI is a great idea. I use ES Stochastic RSI and CM_Ultimate RSI MTF. It will be interesting to see yours.
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Durbtrade Triple RSI ... check it out if you like the Durbtrade MACD...
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