OPEN-SOURCE SCRIPT
Advanced MACD with Pressure Indication
"Advanced MACD with Pressure Indication" is a powerful and visually enhanced version of the classic MACD indicator, designed to help traders analyze momentum and trend strength with greater clarity.
### Key Features:
1. **Customizable Parameters**:
- Fast EMA Length (default: 12)
- Slow EMA Length (default: 26)
- Signal SMA Length (default: 9)
2. **Dynamic Histogram Coloring**:
- The histogram color changes dynamically based on pressure:
- **Teal**: Positive histogram increasing.
- **Light Green**: Positive histogram decreasing.
- **Red**: Negative histogram decreasing.
- **Pink**: Negative histogram increasing.
3. **Highlighted MACD and Signal Lines**:
- MACD Line: Blue for trend visibility.
- Signal Line: Orange for clear crossover detection.
4. **Background Gradient for Pressure**:
- Subtle green or red background to reflect positive or negative momentum shifts.
5. **Simplified Visualization**:
- Histogram plotted with columns for easy differentiation of pressure changes.
This indicator is suitable for traders of all levels, offering insightful visual cues to identify trend reversals, momentum shifts, and potential entry/exit points. Optimize your trading strategy with this advanced MACD tool!
### Key Features:
1. **Customizable Parameters**:
- Fast EMA Length (default: 12)
- Slow EMA Length (default: 26)
- Signal SMA Length (default: 9)
2. **Dynamic Histogram Coloring**:
- The histogram color changes dynamically based on pressure:
- **Teal**: Positive histogram increasing.
- **Light Green**: Positive histogram decreasing.
- **Red**: Negative histogram decreasing.
- **Pink**: Negative histogram increasing.
3. **Highlighted MACD and Signal Lines**:
- MACD Line: Blue for trend visibility.
- Signal Line: Orange for clear crossover detection.
4. **Background Gradient for Pressure**:
- Subtle green or red background to reflect positive or negative momentum shifts.
5. **Simplified Visualization**:
- Histogram plotted with columns for easy differentiation of pressure changes.
This indicator is suitable for traders of all levels, offering insightful visual cues to identify trend reversals, momentum shifts, and potential entry/exit points. Optimize your trading strategy with this advanced MACD tool!
Script open-source
In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
Vuoi usare questo script sui tuoi grafici?
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.